GST HSN Code List

GST Rate and HSN Code : Chapter 12

Get a detailed GST HSN Code List at our portal. Save your time and effort in finding GST rates for various goods and commodities. We make your search for GST rates in India for over various goods easy with our HSN Code List with GST rates 2024. Find complete product description, HS Code and GST rates.

GST HSN Code List with GST rates 2024

HS CodeItem DescriptionGST
120100RESERVRS, TANKS,VATS ETC.OF IRN/STL N.E.S. Products Include: Rhino Tank For Fire Water Storage, Cold/Chilled Water Tank,0.05
12010010OTHER PRESSURE CONTAINERS FOR TRANSPORT OR STORAGE OF COMPRESSED GASES Products Include: Oxygen Cylinder0.05
12010090LIFTING AND HOISTING CHAIN Products Include: Chain Block, Chain Pulley Block0.05
120110OTHERS Products Include: Empty Fuel Tank0.05
12011000PARTS OF ARTICULATED LINK CHAIN Products Include: D Shackle0.05
120190LIQUEFIED PETROLEUM GAS(L.P.G.)CYLINDER Products Include: Ms Bar0.05
12019000PARTS OF CHAIN(EXCL ARTICULTD CHAIN) Products Include: Shackle0.05
120210Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers, incl. spring washers, and similar articles, of iron or steel (excluding lag screws, stoppers, plugs and the like, threaded) Products Include: Logitech Webcam0.05
12021011THREADED NUTS Products Include: Ms Flange, Anchor Bolts0.05
12021019OTHER THREADED ARTICLES Products Include: Ms Material, Electric Scooters, Adaptor, Upvc Doors0.05
12021091SPRNG WASHRS AND OTHR LOCK WASHRS,NON-THRADD Products Include: Fuel Injector0.05
12021099OTHER WASHERS,NON-THREADED Products Include: Spacer0.05
120220Nuts of iron or steel Products Include: Allen Bolt0.05
12022010OTHER NON-THREADED ARTICLES N.E.S. Products Include: Other Logitech Webcam Parts, Brake Pads, Sealing Ring, Shim, Jumper, Spacer, Cnc Machine, Hose Clamp, Hose Clamp, Shackle, Anchor Fasteners, Chain Block, Chain Pulley Block, Caster Wheel0.05
12022090OTHER ARTICLES OF 7319 Products Include: Ms Stand0.05
120230Non-threaded articles, of iron or steel Products Include: Allen Bolt0.05
12023010Leaf-springs and leaves therefor, of iron or steel (excluding clock and watch springs and shock absorbers and torque rod or torsion bar springs of Section 17) Products Include: Automotive Parts0.05
12023090OTHERS OF OTHER SPRINGS OF IRON/STEEL Products Include: Gas Spring, Spring Plunger0.05
120241OTHER THREADED COACH SCREWS Products Include: Ms Stand0.05
12024110COOKERS AND KITCHEN STOVES Products Include: Rice Cooker0.05
12024190OTHER COOKING APPARATUS OF IRON OR STEEL Products Include: Induction Cooker , Groundnut Husk0.05
120242OTHR SCREWS AND BOLTS W/N WTH NUTS OR WASHERS THREADED Products Include: Turbo Charger,Power Transformer, Armature, Connecting Rod, Cooling Tower , Peanuts0.05
12024210OTHERS Products Include: Kitchen Equipment, Room Heater Products Include: Gunny Bags, Mungfali, Mungfali Dana, Peanuts0.05
12024220Table, kitchen or other household articles, and parts thereof, of stainless steel (excluding cans, boxes and similar containers of heading 7310; waste baskets; shovels, corkscrews and other articles of the nature of a work implement; articles of cutlery, 0.05
12024290Table, kitchen or other household articles, and parts thereof, of iron other than cast iron or steel other than stainless (excluding enamelled articles; cans, boxes and similar containers of heading 7310; waste baskets; shovels and other articles of the n0.05
120300OTHR HOUSHOLD ARTICL OF STAINLESS STL NES Products Include: Kitchen Knife, Rice Cooker, Household Items, Tumbler, River Sand, Silicone Rubber, Cat Litter0.05
12030000UTENSILS Products Include: Ruler0.05
120400Baths of steel sheet Products Include: Bathroom Accessories0.05
12040010SINKS AND WASH BASINS OF STAINLESS STEEL Products Include: Sanitary Ware0.05
12040090OTHER BATHS OF IRON OR STEEL Products Include: Shower Head , Alsi0.05
120500OTHER CAST ARTCLES OF IRON MALLEABLE Products Include: Fuel Injector0.05
120510OTHR CAST ARTCLS OF ALLOY STEEL MALLEABLE Products Include: Gate Valve0.05
12051000OTHER ARTICLES OF IRON OR STEEL WIRE FOR OTHER USE Products Include: Spacer, Key Ring0.05
120590OTHER CAST ARTICLES OF IRON OR STEEL N.E.S Products Include: Agricultural Products0.05
12059000USED FOR MANUFACTRS OF STNLES STL(EXCL UTNSILS),NES Products Include: Ruler, Ms Material0.05
120600WELDING WIRE OF COPR WITH CROSS SECTION <=6MM Products Include: Welding Wire0.05
12060010Nails, tacks, drawing pins, staples and similar articles, of copper or with shafts of iron or steel and heads of copper, screws, bolts, nuts, screw hooks, rivets, cotters, cotter pins, washers "incl. spring washers" and similar articles, of copper (exclud0.05
12060090OTHER THREADED ARTICLES N.E.S. Products Include: Copper Lugs0.05
120710*OTHER TABL,KITCHEN OR OTHR HOUSHOLD ARTCLS Products Include: Household Items0.05
12071010COLLAPSIBLE TUBULAR CONTAINERS :OTHER Products Include: Hardener0.05
12071090OTHER CYLINDER N.E.S. Products Include: Oxygen Cylinder0.05
120720SANITARY WARE Products Include: Shower Head0.05
12072010PRESSURE COOKERS Products Include: Induction Cooker0.05
12072090OTHER TABLE, KITCHEN OR OTHER HOUSEHOLD ARTICLES Products Include: Aluminium Ladder, Kitchen Equipment, Household Items0.05
120721ARTICLES OF BRASS Products Include: Led Module, Tape Dispenser, Trophy, Tumbler, Glass Vase, Sanitary Ware, Ferrule, Key Ring, Cable Gland, Bottle/Can Opener, Battery Terminals0.05
12072100OTHER SANITARY WAREANDPARTS THEREOF OF ALUMN Products Include: Blender, Candle Holder0.05
120729COPPER WORKED ARTICLES Products Include: Shower Head0.05
12072900NAILS,TACKS,STAPLES(EXCL HDG NO 8305) SCREWS,BOLTS,NUTS,SCREW,HOOKS,RIVETS ETC. Products Include: Ruler , Cottonseed Hulls0.05
120730OTHERS Products Include: Ms Wire, Copper Lugs0.05
12073010OTHERS ARTICLES OF ALUMINIUM N.E.S. Products Include: Heat Sink Parts, Aluminium Ladder, Solar Module/Panel, Air Diffuser, Acp Sheet, Glass Vase, Bottle/Can Opener, Candle Holder0.05
12073090UNWROUGHT MOLYBDENUM, INCLUDING BARS AND RODS OBTAINED SIMPLY BY SINTERING Products Include: Ms Bar, Ms Rod0.05
120740BARS AND RODS, OTHER THAN WIRE RODS OF ALUMINIUM-NOT ALLOYED Products Include: Solar Module/Panel0.05
12074010AXES BILLHOOKS AND SIMLR HEWING TOOLS Products Include: Fiberglass0.05
12074090Handsaws, with working parts of base metal (excluding power-operated saws); blades for saws of all kinds, incl. slitting, slotting or toothless saw blades, of base metal Products Include: Welding Black Glass , Tilli0.05
120750OTHR BARS,RODS PROFILS OF ALMN ALLOYS NES Products Include: Aluminium Lugs0.05
12075010OTHR CIRCURL SAW BLADES(INCL SLITNG/SLOTNG SAW BLADE) AND PARTS Products Include: Carburetor, Welding Black Glass , Mustard Husk0.05
12075090HACK SAW BLADES,HAND OPERATED Products Include: Hexa Blade , Til0.05
120760OTHER WIRE OF ALUMINIUM ALLOYS N.E.S. Products Include: Ms Wire0.05
12076010OTHR SAW BLADES Products Include: Hacksaw Blade, Hexa Blade, Cutter Blade0.05
12076090PLIERS,PINCERS,TWEEZERS AND SMRL TOOLS Products Include: Crimping Tool0.05
120770ELECTROLYTIC PLATES OR SHEETS Products Include: Aluminium Plate0.05
12077010Hand-operated spanners and wrenches, incl. torque meter wrenches, of base metal, non-adjustable Products Include: Wrench0.05
12077090HND-OPRTED SPANERS NON ADJUSTABLE Products Include: Ss Plate0.05
120791OTHERS Products Include: Acp Sheet0.05
12079100HND-OPRTED WRENCHS(EXCLD TAP WRENCHS) NON-ADJUSTABLE Products Include: Hexa Blade0.05
120792FINISHED STRUCTURE Products Include: Aluminium Ladder0.05
120799OTHER STRUCTURES AND PARTS OF STRUCTURES OF ALUMINIUM N.E.S. Products Include: Acp Sheet, Aluminium Plate0.05
12079910Hand-operated screwdrivers Products Include: Welding Holder0.05
12079920DRILLING THREADING OR TAPING TOOLS Products Include: Grinding Disc0.05
12079930CAN OR CORK OPENERS Products Include: Bottle/Can Opener0.05
12079940OTHER HOUSEHOLD HAND TOOLS Products Include: Household Items,D Shackle, Scotch Brite0.05
12079990METAL WORKING HND TOOLS Products Include: Ir Thermometer Products Include: Chia Seeds0.05
120810OTHR HND TOOL INCL GLAZIERS DIAMONDS NES Products Include: Tools And Dies, Hexa Blade, Wire Brushes0.05
12081000OTHER, INCLUDING SETS OF ARTICLES OF TWO OR MORE SUBHEADINGS OF THIS HEADING Products Include: Tape Dispenser, Crimping Tool0.05
120890VICES,CLAMPS AND THE LIKE Products Include: Hose Clamp, Welding Holder0.05
12089000OTHER TOOLS OF TWO OR MORE OF HDN NO. 8202TO 8205 PUT UP IN SETS FOR RETAIL SALE Products Include: Ms Plate0.05
120910TOOLS FOR DRILLING OTR THN ROCK DRILNG Products Include: Hacksaw Blade0
12091000PAD LOCK Products Include: D Shackle Products Include: Agricultural Seeds0
120911OTHERS Products Include: Hexa Blade, Crimping Tool, Cutter Blade0
120919KNIVS AND CUTNG BLADES FOR KITCHN APPLNCS OF FOR MACHINES USD BY FOOD INDSTRY Products Include: Kitchen Knife, Kitchen Equipment0
120921OTHR KNIVS AND CUTNG BLADES N.E.S. Products Include: Tape Dispenser, Cutter Blade, Welding Holder, Brush Cutter0
12092100OTHER LOCKS N.E.S. Products Include: Docking Station0
120922OTHERS Products Include: Grinding Disc0
12092200Base metal mountings, fittings and similar articles (excluding locks with keys, clasps and frames with clasps incorporating locks, hinges, castors and mountings and fittings suitable for buildings, motor vehicles or furniture) Products Include: Bathroom A0
120923OTHER KNIVES Products Include: Kitchen Knife0
12092300HINGES 0F 0THER BASE METAL INCL ALUMINIUM Products Include: Ms Material0
120924BLADES OF HDG 8211 Products Include: Cutter Blade0
12092400OTHERS Products Include: Vga Cable, Fuel Tank0
120925BLADES Products Include: Cutter Blade0
12092500FITTINGS FOR DOORS AND WINDOWS Products Include: Door Handle, Door Stopper, Aluminium Lugs, Upvc Doors, Key Ring0
120926OTHER MANICURE OR PEDICURE SETS AND INSTRMNTS(INCLD NAIL FILES) Products Include: Tweezers, Bottle/Can Opener0
12092600OTHR MOUNTINGS FITTINGS AND SMLR ARTCLS SUITABLE FOR BUILDINGS N.E.S. Products Include: Trophy, Trolley Wheel0
120929OTHR ARTICLS OF CUTLERY N.E.S. Products Include: Kitchen Knife0
12092910OTHER FTTNGS ETC SUITABLE FOR FURNITURE Products Include: Door Stopper, Scotch Brite, Metal Storage Box, Caster Wheels0
12092990OTHER MOUNTING FITTINGS ETC NES Products Include: Display Stand, Gas Spring, Anchor Fasteners0
120930SPOONS,FORKS AND SMLR TABLE/KITCHEN WARE PLATED WTH PRECUS MTAL Products Include: Kitchen Knife0
12093000TROPHIES PLATED WTH PRECIOUS METAL Products Include: Trophy0
120991OTHR ARTICLES NOT IN SETS Products Include: Bottle/Can Opener0
12099110OTERS Products Include: Candle Holder0
12099120FITNGS FOR TRAVL REQUSTS AND LEATHER GOODS Products Include: Key Ring0
12099130OTHER MADERUP OF ARTICLES N.E.S. Products Include: Tools And Dies, Key Ring, Facetted Metal Beads, Metalized Beads0
12099140OTHER PACKING ACCESSORIES N.E.S. Products Include: Fuel Tank0
12099150OTHER SYMBOLS OF BASE METAL Products Include: Acp Sheet0
12099160OTHR ARTCLS OF HEADING 8311 INCL PARTS Products Include: Welding Rod, Welding Holder, Welding Wire Products Include: Agricultural Seeds0
12099190PARTS OF THE ITEMS OF 840410 AND 840420 Products Include: Hexa Blade , Okra, Vegetable Seeds0
120999Locks used for motor vehicles, of base metal Products Include: Automotive Parts0
12099910Producer gas or water gas generators, with or without their purifiers; acetylene gas generators and similar water process gas generators, with or without their purifiers (excluding coke ovens, electrolytic process gas generators and carbide lamps) Product0
12099990PRODUCER GAS AND WATER GAS GENERATORS Products Include: Ozone Generator Products Include: Chia Seeds0
121010PARTS FOR AIRCRAFT ENGINES Products Include: Heat Sink Parts0.05
12101000FUEL INJCTN EQPMNT EXCL INJCTN PUMPS Products Include: Fuel Injector0.05
121020PISTONS Products Include: Carburetor0.05
12102000OTHER PARTS OF SPRK-IGNITION ENGINES Products Include: Fuel Injector0.05
121110FUEL INJECTN EQPMNT EXCL INJCTN PUMPS Products Include: Injector, Fuel Injector0.05
12111000Parts of pumps for liquids, n.e.s. Products Include: Oil Pump0.05
121120OTHER PARTS OF SEMI DIESEL ENGINES Products Include: Turbo Charger, Two Wheeler Bikes, Plunger, Armature, Connecting Rod0.05
12112000WATER PUMP Products Include: Monoblock Pump0.05
121130PARTS OF TURBO-JETS/TURBO PROPELLERS Products Include: Air Diffuser0.05
12113000OTHER FUEL, LUBRICATING OR COOLING MEDIUM PUMPS Products Include: Monoblock Pump0.05
121140OTHR PNEUMATIC POWER ENGINES AND MOTORS Products Include: Actuator0.05
12114000OTHER PUMPS PRIMARILY DESIGNED FOR HANDLING WATER Products Include: Monoblock Pump Set0.05
121150PARTS OF OTHER ENGINES AND MOTORS Products Include: Hydraulic Hoses, Drive Shaft0.05
121190Fuel, lubricating or cooling medium pumps for internal combustion piston engine Products Include: Oil Pump , Dry Amla0.05
12119011OTHERS Products Include: Pump, Centrifugal, Backwash/Feed, Bronze Hsg And Impeller, Monoblock Pump0.05
12119012GEAR TYPE PUMPS Products Include: Rotadel Rotary Gear Pump Del-Monoblock Type0.05
12119013OTHERS Products Include: Monoblock Pump0.05
12119014OTHERS CENTRIFUGAL PUMPS PRIMARILY DESIGNED TO HANDLE WATER Products Include: Cat6, Mini Monoblock Model Pump0.05
12119015OTHERS Products Include: Breast Pump, Splash Monoblock Pump0.05
12119019PARTS FOR CENTRIFUGAL PUMPS Products Include: Monoblock Pump, Frequency Converter Products Include: Chia Seeds, Dried Moringa Leaf Powder0.05
12119021OTHERS Products Include: Ms Material, Plunger, Drive Shaft, Spare Parts For Monoblock Pump0.05
12119022Air or vacuum pumps, (excluding gas compound elevators and pneumatic elevators and conveyors); air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters; parts thereof Products Include: C0.05
12119023VACUUM PUMPS Products Include: Evaporator0.05
12119024OTHER HAND AIR PUMPS Products Include: Breast Pump0.05
12119025OTHERS Products Include: Air Dryers0.05
12119026OTHERS Products Include: Two Wheeler Bikes0.05
12119029BLOWERS,PORTABLE Products Include: Air Blower Products Include: Herbal Tea, Organic Moringa Leaf Powder, Dried Moringa Leaf (Moringa Oleifera), Moringa Tablets, Jaifal, Lemongrass, Moringa Leaf Powder0.05
12119031OTHERS Products Include: Heat Sink Parts, Ventilator, Cooling Tower, Dust Collector, Air Blower0.05
12119032PARTS OF GAS COMPRESSORS OF A KIND USED INREFRIGERATING AND AIR CONDITIONING Products Include: Gas Spring , Psyllium Husk Powder, Isabgol0.05
12119033PRTS OF OTHR AIR/VACUM PUMPS,CMPRSSRS AND FANS Products Include: Turbo Charger0.05
12119039OTHERS Products Include: Copper Lugs, Spare Parts Of Turbo Charger, Repair Kit , Joss Powder0.05
12119041OTHR WINDOW/WALL TYPES SELF-CONTAINED AIR CONDITIONING MACHINES Products Include: Air Cooler, Panel Cooler0.05
12119042OTHR AIR CNDTNG MCHNS INCRPRTNG A RFRGRTNGUNIT Products Include: Dehumidifier0.05
12119043OTHR AIR CNDTNG MCHNS NT INCRPRTNG RFRGRTNUNIT Products Include: Variable Frequency Drive Vfd, Air Cooled Water Chiller, Hyperchill Water Chiller0.05
12119044PARTS OF THE AIR CONDITIONING MACHINES ETC Products Include: Air Diffuser, Room Heater, Evaporator, After Cooler For Air Compressor, Oil Cooler For Air Compressor, Grommet Cooler ( Parts Of Air Conditioner For Automobile )0.05
12119045OTHERS Products Include: Water Chiller, Heat Sink, Ice Cream Machine, Cooling Tower0.05
12119046OTHER PARTS OF HDG 8418 Products Include: Room Heater, Evaporator0.05
12119047Instantaneous gas water heaters (excluding boilers or water heaters for central heating) Products Include: Oil Cooler0.05
12119048Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting, sterilising, pasteurising, steaming, evaporating, vaporising, c0.05
12119049STERILISERS,N.E.S. Products Include: Fog Machine0.05
12119050OTHER DRYERS Products Include: Dehumidifier, Air Dryers0.05
12119060OTHER HEAT EXCHANGE UNITS Products Include: Heat Sink Parts, Cooling Tower0.05
12119070MACHINERY FOR LIQUEFYING AIR/OTHR GASES Products Include: Oxygen Cylinder0.05
12119080OTHR MACHINRY,PLANT AND EQUIPMENT FOR MAKINGHOT DRINKS OR FOR COOKING/HEATING FOOD Products Include: Kitchen Equipment, Blender, Uv Sterilizer0.05
12119091GLASS LINED EQUIPMENT Products Include: Ms Flange0.05
12119092COOLNG TWRS/PLNTS FR DRCT COOLNG BY RECIRCULTD WATER Products Include: Water Chiller Machine0.05
12119093OTHERS Products Include: Dehumidifier0.05
12119094PRTS OF MCHNRY PLNT AND SMLR LBRTRY EQPMNT ANDOF INSTNTNS/STORG WTR HEATRS (EXCL DOMSTC TYPE)FALLING WTHN HDG NO.8419 Products Include: Pipette, Kitchen Equipment, Oil Filter Cartridge, Ruler, Evaporator , Rosemary0.05
12119095HOUSEHOLD TYPE FILTERS Products Include: Uv Lamp0.05
12119096OTHERS Products Include: Ozone Generator, Air Dryers, Dust Collector, Room Air Freshener0.05
12119099OTHR PARTS OF FLTRNG/PURFYNG MCHNRY Products Include: Membrane, Filter Cartridge, Diffuser, Air Diffuser, Dehumidifier Products Include: Organic Other Spices,Nes (Moringa Leaves Powder), Binola Khal, Chini, Maggi Masala, Dry Amla0.05
121210OTHR DISH WASHING MACHINES Products Include: Dehumidifier0.05
12121010MOBL LFTNG FRMS ON TYRS AND STRDL CARRIERS Products Include: Crane0.05
12121090SLF-PRPLD TRUCKS PWRD BY AN ELCTRC MOTOR Products Include: Exide Battery0.05
121220OTHR PACKNG/WRAPNG MACNRY INCL HEAT-SHRINK WRAPNG MACHNRY Products Include: Wooden Scrap0.05
12122010OTHR CNTNS-ACTN ELVTRS AND CNVEYRS FR GOODS Products Include: Cnc Machine0.05
12122090OTHERS Products Include: Chain Block, Chain Pulley Block0.05
121221PARTS OF OTHER MACHINERY Products Include: Machine Spare Parts, Servo Drive, Fog Machine, Gear Box Machine, Parts Of Web Cam0.05
12122110PRTS OF FORK LIFT TRUCKS Products Include: Caster Wheel0.05
12122190PRTS OF ELVTRS,CNVEYRS AND MVNG PVMNTS Products Include: Car Spare Parts0.05
121229OTHERS Products Include: Ms Material0.05
12122910PRTS OF BORNG/SNKNG MCHNRY,NOT SLF-PRPLD Products Include: Gas Spring0.05
12122990PRTS OF SHIPS DERRICKS AND CRANES Products Include: Crane Parts, Vfd0.05
121230OTHER WEIGHING MACHINERY Products Include: Anabond0.05
12123010PRTS OF OTHR MACNRY OF HD 8426,8429,8430 Products Include: Machine Spare Parts, Repair Kit, Connecting Rod0.05
12123090DISC PLOUGHS Products Include: Grinding Disc0.05
121291*APPLNCS FR HORTICULTURAL/AGRICULTURAL WORK Products Include: Agricultural Products0.05
12129100OTHER PLOUGHS Products Include: Agricultural Products0.05
121292OTHERS Products Include: Photoelectric Sensor, Fog Machine, Automatic Soap Dispenser0.05
12129200OTHERS Products Include: Agricultural Seeds0.05
121293PARTS OF MECHANICAL APPLIANCES Products Include: Injector, Welding Holder, Aroma Diffuser, Dust Collector , Sugarcane0.05
12129300OTHER PWRD MOWRS FR LAWNS,PRKS/SPRTS GRNDS Products Include: Agricultural Products , Sugarcane0.05
121294PULLEY TACKLE NOT PWRD BY ELCTRC MOTR Products Include: D Shackle, Chain Pulley Block0.05
12129400PARTS OF HRVESTNG,THRSHNG MACHINES ETC Products Include: Brush Cutter0.05
121299OTHER JACKS AND HOISTS,FOR RAISING VEHICLES Products Include: Chain Block, Chain Pulley Block0.05
12129910MCHNRY FR PRPRNG ANML FEEDNG STUFFS Products Include: Agricultural Seeds0.05
12129920PRTS OF OTHR MCHNRY OF HDG NO 8437 Products Include: Agricultural Seeds , Mahua Flower0.05
12129990BAKERY MACHINERY Products Include: Kitchen Equipment, Room Heater , Rooibos Tea0.05
121300MCHNRY FR PRPRTN OF FRUITS,NUTS/VGTBLS Products Include: Moong Dal0
12130000DIFFUSING MACHINES (DIFFUSORS) Products Include: Diffusers0
121410PARTS OF SUGAR MANUFACTURING MACHINERY Products Include: Treadmill0
12141000PRTS OF MCHNRY FR MKNG/FNSHNG PAPR/PAPRBRD Products Include: Frequency Converter0
121490PARTS OF OTHR FOOD PROCESSING MACHINERY Products Include: Ice Cream Machine0
12149000WIRE STITCHING MACHINERY, SINGLE HEADED FOR BOOK-BINDNG Products Include: Ms Wire , Alfalfa Hay0

What is GST?

Goods and Services Tax (GST) is a Single Tax Structure System introduced in 2017. GST works on One Nation, One Tax system. Earlier, there was a diverse tax system in India. There were various indirect taxes such as Value Added Tax (VAT), sale tax, purchase tax, service tax, surcharges, Excise duty, etc. Under the GST System, all the central and state taxes are merged into a single tax.

What are GST Rates for Goods & Services?

GST has refined the taxation sector in India. It helps in unifying all taxes for various goods and services. There are a large number of goods, commodities and services in India. So, they are put under 5 different slabs of GST rates-

  • NIL: Under this slab 0% tax is charged on the goods or services.
  • 5%: Under this slab 5% tax is charged on the goods and services.
  • 12%: Under this slab 12% tax is charged on the goods and services.
  • 18%: Under this slab 18% tax is charged on the goods and services.
  • 28%: Under this slab 28% tax is charged on the goods and services.

Important Note: Gold and other precious metals are excluded and put under 3% tax slab.

What is an HSN Code?

HSN Code stands for Harmonized System of Nomenclature. An HSN Code is a unique 6 to10 digit number developed for the identification of goods and products. This system was established in 1988 by the World Customs Organization. The HSN Code system is operational in all parts of the world. It covers almost 90% of the goods traded globally. It is accepted by customs authorities for determining taxes on goods.

How does the HSN Code System in India Functions?

HSN Codes held a great significance in Import-Export Procedures of India. In India, it is called ITC (Indian Trade Clarification)-HS Code. An ITC HS Code is recognized from its Chapter, Heading, Subheading and Regional Tariff. It consists of 8 digits.

Let’s take an example: Suppose we are given an HS Code- 6006840000

  • Chapter: The First two digits (60) denotes chapter
  • Heading: Next two digits (06) denote headings.
  • Subheading: Further, two digits (84) denote subheadings.
  • Regional Tariff: Second Last Two digits (00) denote Regional Tariff.
  • National Tariff: Last Two Digits (00) indicates National Tariff.
structrure of hsn code

How many sections, chapters, heading and subheading Does HS Code System Covers?

There are around 21 sections, 99 chapters, 5,222 heading and 1,244 subheadings in the Harmonised system of Nomenclature.

What is the use of HSN Code in GST?

Ever since the arrival of GST, it is mandatory to mention HSN Code for your product. HSN Codes are needed to be mentioned on invoices, bills or filing GST returns. HSN Code helps taxpayers to evaluate GST rates of various products. An incorrect HSN Code can create a big hurdle in the customs clearance process.

How can I find HSN Code List with GST Rates?

You can find a complete HSN Code List with GST rates at Exim Trade Data portal.