CBIC clarifies that ‘printing of pictures’ falls under Heading 998386, taxable at 18%

CBIC explains that service of “printing of pictures” falls under service code “998386: Photographic and videographic processing services”, taxable at 18% under item (ii), against serial number 21 of Table in Notification No. 11/2017-Central Tax (Rate); Clarifies that said activity does not fall under “998912: Printing and reproduction services of recorded media, on a fee or contract basis”; Explains that according to explanatory notes, the service code 998912...