The aesthetics of a particular period in history are outlined by the furniture and other décor pieces that were the in-vogue during the time. These have become collector’s items over the centuries for aficionados who relate to the styles and trends of the certain period and aim to cherish the rich practices of the olden years.
This segment covers a wide selection of specialist items ranging from exquisite furniture such as tables, chairs, cabinets, cupboards and so on to decorative collectibles such as rare bowls, vases, fishbowls, etc. which indicate the quintessential heraldry of the old world. At AstaGuru, we’ve held auctions within this versatile category for pieces like the French Louis XV-style Kingwood and Tulipwood Veneered Table, Oriental Cupboards and hand carved Chinese Camphor chests, along with porcelain Fish Bowls, Japanese Satsuma Moriage Vases and vintage Ink Pots, to name a few.
The GST on all sales under this segment will be charged as follows:
• GST on sale of used goods procured from non-business entity under this segment will be charged at 18% rate on the margin value prescribed under Rule 32(5) of CGST rules.
• GST on sale of all goods other than those falling under above category will be charged at 18% on full sales value.
Lot categorized as Antique (over 100 years) under the antiquities and art treasures act, 1972 will be charged as-
• GST on sale of used goods procured from non-business entity under this segment will be charged at 12% rate on the margin value prescribed under Rule 32(5) of CGST rules.
• GST on sale of all goods other than those falling under above category will be charged at 12% on full sales value.