The GST rate on certain goods and services. A complete explanation of the changes in the GST rate for furniture manufacturers in this post.
steel furniture is get expensive under GST. Current VAT rate applicable on steel furniture is 12.5% before they are charged approximately 5% vat on all steel furniture
Products like Wood pulp, bamboo pulp are current gst rate is 4-5% .So Now onwards they are charging to 12% VAT Rate on all above products..
products like woody furniture , plywood or any natural wood products currently 12.5 vat rate and plywood is 4-5 % vat rate .but now they are charging 28% vat rate on all above products.
So its clear given that the tax rate under gst is increase than currently applicable tax rate.