GST Rates and HSN Code for Glassware: A Guide for Small Business Owners and Startup Founders

When it comes to glassware, it is important for small and medium business owners and startup founders to be aware of the GST rates and HSN codes applicable to the products they are dealing with. This knowledge can not only help them stay compliant with the tax laws but also enable them to manage their pricing and supply chain more effectively. In this article, we will discuss the GST rates and HSN code for glassware in detail.

What is Glassware?

Glassware is a broad category of products that includes various types of glass containers, such as bottles, jars, and glasses, as well as decorative glass items like vases, figurines, and ornaments. Glassware is commonly used in the food and beverage industry, pharmaceuticals, and household goods.

GST Rates for Glassware

The GST rates for glassware vary depending on the type of product and its intended use. Here is a list of GST rates for some of the common glassware products:

1. Glass bottles for packing of goods - 18%

2. Glassware for table or kitchen use - 12%

3. Glassware used in scientific or laboratory equipment - 18%

4. Glass tumblers - 18%

5. Glass mirrors - 28%

6. Glass shades - 28%

7. Glass decorative items - 18% or 28%

Note that these rates may be subject to change as per the new GST notifications or announcements made by the government from time to time.

HSN Code for Glassware

The HSN code for glassware is 7013. This code is applicable for all types of glassware products, regardless of their intended use or function. However, there are some subcategories within this code that can help classify the products more specifically. Some of the common subcategories of HSN code 7013 for glassware are:

1. 7013.10 - Glassware of a kind used for table or kitchen purposes

2. 7013.20 - Glassware of a kind used for toilet, office, indoor decoration or similar purposes (other than that of heading 7010 or 7018)

3. 7013.30 - Glassware of a kind used for conveyance or packing

4. 7013.90 - Other

It is important for business owners to correctly identify the HSN code applicable to their glassware products to ensure compliance with the GST laws and avoid any penalties or fines that may arise from incorrect classification.

Conclusion

As we have seen, the GST rates and HSN code for glassware can vary depending on the type of product and its intended use. Business owners need to be aware of these rates and codes to ensure they are adhering to the tax laws and managing their pricing and supply chain efficiently. It is also important to stay updated on any changes or updates to these rates and codes that may be announced by the government from time to time.