GST Rate HSN Code for Glass and glassware - Chapter 70

Glass and glassware are essential commodities in our day-to-day lives. They are used for various purposes, ranging from household items to industrial goods. As a business owner in the glass and glassware industry, it is essential to understand the GST rate and HSN code for these items. In this article, we will discuss in detail the GST rate and HSN code for glass and glassware under Chapter 70.

What is GST?

GST or Goods and Services Tax is an indirect tax imposed on the supply of goods and services in India. GST is levied at every step of the production process, from raw materials to the final product. It is a comprehensive tax that has replaced several indirect taxes like excise duty, service tax, VAT, and others.

What is HSN Code?

HSN or Harmonized System of Nomenclature is a system of classifying goods and services. It is a six-digit code that helps in identifying the product and its category. HSN codes are used for tax purposes, and they help in the smooth functioning of the GST system.

GST Rate for Glass and Glassware

The GST rate for glass and glassware under Chapter 70 is 18%. This rate is applicable to all types of glass and glassware, including mirrors, lenses, and prisms.

HSN Code for Glass and Glassware

The HSN code for glass and glassware under Chapter 70 is as follows:

1. Glass and glassware, including mirrors, glass frames, and optical elements, not elsewhere specified or included; glass beads, imitation pearls, and articles thereof - 7001

2. Glassware of a kind used for table, kitchen, toilet, office, indoor decoration or similar purposes (other than that of heading 7010 or 7018) - 7013

3. Carboys, bottles, flasks, jars, pots, phials, ampoules, and other containers, of glass, of a kind used for the conveyance or packing of goods; preserving jars of glass; stoppers, lids, and other closures, of glass - 7010

4. Glass envelopes (including bulbs and tubes), open, and glass parts thereof, without fittings, for electric lamps, cathode-ray tubes, or the like - 7002

5. Cast glass and rolled glass, in sheets or profiles, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked - 7005

6. Float glass and surface ground or polished glass, in sheets, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked - 7006

7. Safety glass, consisting of toughened (tempered) or laminated glass - 7007

8. Glass mirrors, whether or not framed, including rear-view mirrors - 7009

9. Other articles of glass, including beads imitation pearls and articles thereof, other than imitation jewelry; glass eyes other than prosthetic articles; statuettes and other ornaments of lamp-worked glass, other than imitation jewelry; glass microspheres not exceeding 1 mm in diameter - 7020

Conclusion

In conclusion, the GST rate for glass and glassware under Chapter 70 is 18%. The HSN code for glass and glassware ranges from 7001 to 7020. As a business owner in this industry, it is essential to understand the GST rate and HSN code for the products. This will help in ensuring compliance with the GST rules and regulations, and avoid any penalties that may arise due to non-compliance.