How do you split GST between costume hire and accessory hire

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GST Split on Costume Hire and Accessory Hire: A Comprehensive Guide

Are you a business owner in the costume hire or accessory hire industry? Do you struggle with understanding the GST split on your rental services? Look no further! In this article, we will guide you through the complete process of GST split on costume hire and accessory hire, including the latest billing rules and slabs.

Understanding GST on Rental Services

Rental services are taxed at 18% GST, and the GST split on costume hire and accessory hire depends on the Annual Aggregate Turnover (AATO). If your turnover is up to ₹5 Crores, you only need to mention the 4-digit SAC code. However, if your turnover is above ₹5 Crores, you must mention the detailed 6-digit code.

For instance, if you rent out costumes and apparels, you can use the 6-digit SAC code 997326 for GST split. Similarly, if you rent out props and carnival equipment, you can use the 6-digit SAC code 997324.

You can use tools like rentsoftware.in to manage your rental billing and ensure accurate GST split.

Latest Billing Rules and Slabs

According to the latest billing rules and slabs, the GST split on costume hire and accessory hire is as follows:

Costumes (Knitted/Stretchable)

  • HSN Code: 6114
  • GST Rate: 5% or 18%
  • 5% GST: Sale value ≤ ₹2,500 per piece.
  • 18% GST: Sale value > ₹2,500 per piece.

Costumes (Non-Knitted/Woven)

  • HSN Code: 6211
  • GST Rate: 5% or 18%
  • 5% GST: Sale value ≤ ₹2,500 per piece.
  • 18% GST: Sale value > ₹2,500 per piece.

Imitation Jewellery

  • HSN Code: 7117
  • GST Rate: 3%
  • 3% GST: Flat rate for standard artificial and imitation jewellery.

Wigs & Hair Extensions

  • HSN Code: 6704
  • GST Rate: 18%
  • Covers items made of human/animal hair or synthetic textile materials.

Hats & Headgear

  • HSN Code: 6505
  • GST Rate: 18%
  • General headgear, knitted or made up from lace/felt/textiles.

Goggles / Sunglasses

  • HSN Code: 9004
  • GST Rate: 18%
  • Spectacles, goggles, and the like, corrective or protective.

Props & Carnival Articles

  • HSN Code: 9505
  • GST Rate: 18%
  • Festive, carnival or other entertainment articles.

Creating a Rent Invoice

When creating a rent invoice, make sure to include the following details:

  • Business Name and Address
  • Customer Name and Address
  • Rental Service Description
  • SAC Code and GST Rate
  • Amount Due and Payment Terms

You can use billformat.in to create professional bill templates for your rental services.

Conclusion

In conclusion, GST split on costume hire and accessory hire is a complex process that requires attention to detail. By understanding the latest billing rules and slabs, you can ensure accurate GST split and avoid any potential penalties. Remember to use tools like rentsoftware.in to manage your rental billing and create professional rent invoices with billformat.in.

Stay compliant and grow your business with confidence!

 07/May/2026
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