Yes, GST is generally charged on both new and used furniture when sold by a registered business in the course of business, though the calculation method differs. New furniture attracts standard GST rates (often 18 % 1 8 % ), while used furniture sold by dealers often qualifies for a "margin scheme," where GST is applied only to the difference between the selling and purchase price.
Taxable supplies are supplies that have been made to your business via an entity that is registered for GST. When you purchase these items regardless of whether they are second hand or brand new they will have GST included in there price.
Yes, the GST on all wooden furniture items—including beds, sofas, dining sets, wardrobes, and storage units—remains at 18%, unchanged from previous years.
The 18% GST rate is now the new standard rate, applying to a wide range of goods and services. This includes many items that were previously taxed at a higher rate, such as mobile phones, air conditioners, refrigerators, televisions, and small cars.
If you are GST-registered you may be able to claim a credit for GST purposes when you buy secondhand goods. If the seller is not registered for GST or the goods are private (exempt), there is no GST charged.
Cereals, edible fruits and vegetables (not frozen or processed), edible roots and tubers, fish and meat (not packaged or processed), tender coconut, jaggery, tea leaves (not processed), coffee beans (not roasted), seeds, ginger, turmeric, betel leaves, papad, flour, curd, lassi, buttermilk, milk, and aquatic feeds, and ...
Yes. There is no exemption for purchase of second hand goods from a registered person and hence the supplier has to pay GST as per the tax invoice received from the registered person.
In general, sales of medical and dental supplies are either taxable or zero-rated. Sales of equipment and furniture are generally subject to GST/HST.
Example
In India, GST on furniture is categorised based on the material and the type of product. Furniture items are generally taxed under a standard rate of 18% GST.
Zero-rated supplies
If you're registered for GST, the invoice you issue to a customer must be a tax invoice. Tax invoices are different to regular invoices. They include the GST amount for each item (or state that the total price includes GST), along with some extra details.
These include bank transfers between accounts, stamp duty, depreciation and salary/wages. These are purchases/sales that have a 0% GST rate. Examples include, purchasing items from overseas (exports); purchasing items from within Australia that are not subject to GST, eg. fresh food, some education.
When using a second-hand scheme there are a number of points that you should remember. If you buy second-hand goods from a private individual you will not be charged VAT, for the obvious reason that they are not VAT registered.
Fresh fruits, fresh milk, curd, bread, etc. Exports and supplies made to SEZ units or SEZ developers, of both goods and services. Grains, salt, jaggery, etc. Alcohol used for human consumption, natural gas, petrol and its products, etc.
Key Categories of Goods under 40% GST Slab
Revised GST Rate (from Sept 22, 2025)
Furniture made of plastic, glass, stone, etc. Note: The previous 28% GST slab for high-end furniture materials such as glass and stone has been removed. These items are now taxed at the standard 18% rate, contributing to a more consistent and predictable pricing structure.
As you subsequently sell the second-hand goods, the amount of your available GST credits is reduced by the GST on the sale, which is 10% of the value of the sale (one-eleventh of the price you charge on the sale).
In India, when you sell used or second-hand goods, you don't always have to pay GST on the full sale value. Under the Margin Scheme, GST is charged only on the profit (margin), that is, the difference between the selling price and the purchase price.
You may still have to pay duties and taxes on second-hand goods – however, if the goods are classified as antiques or original pieces of art, you could benefit from reduced VAT depending on the national regulations and if your goods meet the correct criteria.
You have to start charging the GST/HST on your date of registration, including on the sale that made you exceed the $30,000 threshold.
Office supplies, equipment, rental costs, and professional services are examples of expenses on which input tax can be claimed. Further, input tax cannot be claimed on the following expenses: private use, non-business entertainment, and motor vehicle expenses.