As far as i know, GST on sale of printed books is NIL.
4901 - Printed books, including Braille books - NIL
Lets other CA also put forth their opinion.
Just now I have talked with a Book Publishing Company - they told me it's 18% GST on Printed Books ? Is it 18% on Book Printing ? or Selling Books amount ? Please clear my doubt my business is stuck due to this Eg. Book printing cost is Rs 20 + 18% GST and I am selling at Rs 600 - so does me or my customers need to pay 18% GST or it's NIL ? and If I am giving a CD free with my books that is composit supply does still GST will be NIL ?
Book Publishing company told just last week they got to know it's 18% on printed books too but earlier in july they have been doing business on NIL so need a confirmed answer !
As far as i know, GST on sale of printed books is NIL.
4901 - Printed books, including Braille books - NIL
Lets other CA also put forth their opinion.
Hello Sir,
GST on books is complicated depending on the nature of books and the content therein. They are covered under NIL rate, 5% and 18% slab rate.
Have to understand your business structure before giving you a confirmed answer.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP
GST on books is complicated depending on the nature of books and the content therein. They are covered under NIL rate, 5% and 18% slab rate. I have my own Books on Computer Security and Hacking ! So this kind of book comes in which slab ?