Tuesday, August 16, 2022
HomeMoney & LoansSale of machine made or polyester national flag exempt from GST: FinMin

Sale of machine made or polyester national flag exempt from GST: FinMin


Sale of the Indian national flag, irrespective of whether machine made or of polyester, is exempt from the Goods and Services Tax (GST), the finance ministry said on Friday.

Hand-woven, hand-spun national flags made of cotton, silk, wool or Khadi are already exempt from GST.

In an office memorandum, the Revenue Department clarified that polyester or machine-made tricolour too would be exempt from the levy following amendments to the ‘Flag Code of India, 2002’ in December last year.

“It has been clarified that the sale of the Indian National Flag, adhering to the Flag Code 2002 and its subsequent amendments, is exempt from GST,” Finance Minister Nirmala Sitharaman’s office tweeted.

The clarification from the finance ministry comes in the backdrop of the ‘Har Ghar Tiranga’ initiative under the ‘Azadi ka Amrit Mahotsav’ — celebrating 75 years of India’s independence.

It envisages inspiring Indians everywhere to hoist the national flag at their home. The idea behind the initiative is to invoke the feeling of patriotism in the hearts of the people and promote awareness about our national flag.

The Flag Code of India brings together all laws, conventions, practices, and instructions for the display of the national flag.

The Flag Code of India, 2002 was amended in December 2021, and tricolour made of polyester or machine-made flags have been allowed.

Now, the tricolour can be made of hand-spun and hand-woven or machine-made, cotton/polyester/wool/silk/khadi bunting.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

mail Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor




Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

%d bloggers like this: