GST Rates and HSN Code for Other Liquid Crystal Devices

If you are a business owner or startup founder dealing with other liquid crystal devices, then you must be aware of the GST rates and HSN code applicable to your product. In this article, we will provide you with all the necessary information you need to know about GST rates and HSN code for other liquid crystal devices.

What are Other Liquid Crystal Devices?

Liquid crystal displays (LCDs) are used in several electronic devices such as smartphones, laptops, televisions, and many more. Other liquid crystal devices, as the name suggests, are any other forms of devices that use liquid crystals. These devices include but are not limited to:

1. Projectors

2. Calculators

3. Cameras

4. Medical equipment

5. Measuring instruments

6. Other electronic instruments

GST Rates for Other Liquid Crystal Devices

The GST (Goods and Services Tax) rates for other liquid crystal devices depend on the type of product and its intended use. The GST rates applicable to other liquid crystal devices are:

Product Type GST Rate Projector 28% Camera 18% Medical Equipment 12% Measuring Instruments 18% Other Electronic Instruments 18%

It is important to note that the GST rates are subject to change periodically by the government. Therefore, businesses need to stay updated about the latest GST rates applicable to their products.

HSN Code for Other Liquid Crystal Devices

The Harmonized System of Nomenclature (HSN) code is a unique six-digit code that identifies goods for taxation purposes. The HSN code for other liquid crystal devices is 9013.

It is essential to mention the correct HSN code on invoices, as it helps the government identify the goods and their tax rate easily. With the correct HSN code mentioned, businesses can avoid penalties and smoothly process their GST returns.

Conclusion

With this information, you can now determine the GST rates and HSN code applicable to your other liquid crystal devices. It is crucial to stay updated with the latest GST rates and ensure that you mention the correct HSN code on invoices to avoid any discrepancies. In case of any doubts or confusion, it is advised to consult with a tax expert or chartered accountant.