HSN Code 8306 GST Rate Explained: Bells, Gongs & Metal Goods (2026 Guide) HSN Code 8306 covers metal decorative items like bells, gongs, statues, trophies, and frames. The GST rate for all these products in India is 12% , with no additional cess. Export transactions are zero-rated, and businesses can claim Input Tax Credit (ITC). What is HSN Code 8306? HSN Code 8306 is used under the GST system to classify metal goods such as bells, gongs, statues, trophies, photo frames, and decorative items made from base metals.
This classification helps businesses:
1. Apply correct GST rates
2. Maintain compliance
3. Simplify invoicing and reporting.
You Can Also Read: Comprehensive guide to HSN Codes and GST Rates for wooden frames, paintings, photographs and mirrors
GST Rate for HSN Code 8306 All products under HSN Code 8306 attract a uniform GST rate of 12% .
Important Update Earlier, these goods were taxed at 18%, but the GST Council reduced the rate to 12% on 22nd September 2017.
Product-wise GST Breakdown Product Category GST Rate Bells & Gongs 12% Metal Statues 12% Trophies 12% Decorative Ornaments 12% Photo Frames & Mirrors 12%
Key GST Points GST Rate: 12%
No additional cess
Export = Zero-rated
ITC available on inputs
Exemptions & Special Cases No General Exemptions Most items under HSN 8306 are taxable at 12%.
Religious Use Temple bells or religious items may qualify for exemptions in some states depending on usage and policies.
Handicrafts Handmade items may receive benefits under handicraft classification in specific cases.
GST on Exports Exports under HSN 8306 are zero-rated , meaning:
1. No GST is charged on exports
2. Businesses can claim GST refunds
Input Tax Credit (ITC) Businesses can claim ITC on:
1. Raw materials
2. Manufacturing costs
3. Packaging expenses
This reduces the overall tax burden.
GST for Small Businesses 1. Businesses with turnover below ₹40 lakh may not require GST registration
2. Composition Scheme may apply for eligible businesses
Compliance & GST Filing Invoice Requirements Invoices must include:
1. HSN Code 8306
2. Product description
3. GST rate (12%)
4. Tax amount
You Can Also Read: Import and Export under GST
Returns Filing 1. GSTR-1 (Sales)
2. GSTR-3B (Summary)
3. GSTR-9
Required for goods movement above ₹50,000.
Impact on Businesses Positive Impact Lower GST reduced pricing pressure
Improved competitiveness
Easier tax compliance
Impact on Consumers 1. Lower product prices
2. Transparent billing
3. Better tax visibility
Why GST Classification is Important Correct HSN classification ensures:
1. Accurate tax filing
2. Avoidance of penalties
3. Smooth audits
4. Better pricing strategy
Common Mistakes to Avoid 1. Using incorrect HSN code
2. Not claiming ITC
3. Ignoring invoice requirements
4. Misclassifying handicraft goods
Conclusion Understanding GST rates for HSN Code 8306 is essential for businesses dealing in metal decorative products. With a standard GST rate of 12%, clear classification rules, and ITC benefits, businesses can maintain compliance and optimize pricing effectively.
Proper knowledge of GST rules ensures smooth operations, accurate tax filing, and better financial planning.
Voice Search Optimized Answers What is GST rate for HSN 8306? The GST rate for all items under HSN Code 8306 is 12%.
Is GST applicable on temple bells? Yes, temple bells are generally taxed at 12%, but exemptions may apply in some cases.
Can businesses claim ITC? Yes, businesses can claim Input Tax Credit on raw materials and expenses.
FAQs What is GST rate for bells and gongs? 12% GST applies to all bells and gongs under HSN 8306.
Do small businesses need GST registration? Only if turnover exceeds ₹40 lakh.
Is there any GST exemption? Generally no, except certain religious or handicraft cases.
What happens if wrong HSN code is used? It may lead to penalties and incorrect tax filing.
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