Cathode Valves - GST Rates HSN Code 8540

If you are a small or medium sized Indian business owner or a startup founder, it is important to be aware of the various GST rates and HSN codes for the products and services that you deal with. In this article, we will be discussing the GST rates and HSN code for cathode valves.

What are Cathode Valves?

Cathode valves are electronic components that are used to control the flow of electricity in a circuit. They are also known as vacuum tubes or electron tubes. Cathode valves were widely used in early electronics, but have been largely replaced by semiconductor devices such as diodes and transistors. However, cathode valves are still used in certain applications such as high-power radio frequency amplifiers and audio amplifiers.

HSN Code for Cathode Valves

The HSN code for cathode valves is 8540. This code falls under the category of electrical machinery and equipment and parts thereof. This code is used to classify goods for taxation purposes under the GST system.

GST Rate for Cathode Valves

The GST rate for cathode valves is 18%. This rate applies to all types of cathode valves, whether they are used in audio amplifiers, radio frequency amplifiers, or any other application. The GST rate for cathode valves is the same as the rate for most other electronic components.

Why is it Important to Know the GST Rates and HSN Code for Cathode Valves?

Knowing the GST rates and HSN code for cathode valves is important for several reasons. Firstly, it helps you to properly classify the goods that you are selling or buying for taxation purposes. This makes it easier to determine the correct amount of GST that needs to be paid or collected. Additionally, knowing the GST rate for cathode valves can help you to price your products more effectively.

Conclusion

Overall, it is important for small and medium sized Indian business owners and startup founders to be aware of the GST rates and HSN codes for the products and services that they deal with. In the case of cathode valves, the HSN code is 8540 and the GST rate is 18%. By knowing this information, you can ensure that you are selling or buying these components at the correct price and that you are complying with the GST regulations.