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Published on:
February 25, 2023
By
Prudhvi Raj

GST Rate  HSN Code for Musical Instruments, Parts, and Accessories - Chapter 92

If you are a business owner dealing with musical instruments, parts, and accessories, then it is important to understand the GST rate and HSN code for these items. Chapter 92 of the GST tariff deals with musical instruments, their parts, and accessories. In this article, we will provide you with a detailed understanding of the GST rates and HSN codes for these items.

Understanding the HSN code for musical instruments, parts, and accessories

HSN code stands for Harmonized System of Nomenclature. It is a systematic classification of goods that is internationally accepted. The HSN code for musical instruments, parts, and accessories falls under Chapter 92 of the GST tariff. The HSN code for different musical instruments, parts, and accessories varies based on the type of instrument and the specific part or accessory.

GST rate for musical instruments, parts, and accessories

The GST rate for musical instruments, parts, and accessories varies based on the type of instrument and the specific part or accessory. Let's have a look at the GST rates for different musical instruments, parts, and accessories.

1. Musical instruments

The GST rate for musical instruments such as pianos, organs, accordions, and other keyboard instruments is 28%.

2. Parts and accessories of musical instruments

The GST rate for parts and accessories of musical instruments such as strings, reeds, drumsticks, and other parts is 18%.

3. Electronic musical instruments

The GST rate for electronic musical instruments such as synthesizers, electronic keyboards, and other electronic instruments is 18%.

4. Parts and accessories of electronic musical instruments

The GST rate for parts and accessories of electronic musical instruments such as amplifiers, speakers, and other parts is 18%.

5. Musical instrument tuning and repair services

The GST rate for musical instrument tuning and repair services is 18%.

Conclusion

As a business owner dealing with musical instruments, parts, and accessories, it is important to understand the GST rate and HSN code for these items. The HSN code for different musical instruments, parts, and accessories varies based on the type of instrument and the specific part or accessory. The GST rate for these items also varies based on the type of instrument and the specific part or accessory. Understanding these rates and codes will help you in proper invoicing and taxation. We hope this article has provided you with a detailed understanding of the GST rates and HSN codes for musical instruments, parts, and accessories.

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Updated on:
March 16, 2024