GST Rates and HSN Code for Video Recording Apparatus - A Comprehensive Guide

If you're a small or medium business owner in India, you may be wondering about the GST rates and HSN code for video recording apparatus. These codes and rates can be confusing, but they're an important part of doing business in India. In this article, we'll provide a detailed guide to help you understand everything you need to know about GST rates and HSN codes for video recording apparatus.

What is Video Recording Apparatus?

Video recording apparatus is any device that can record video, such as cameras, camcorders, and video recorders. These devices are widely used in a variety of industries, including film, television, and advertising. In India, video recording apparatus is classified under HSN code 8521.

GST Rates for Video Recording Apparatus

The GST rates for video recording apparatus vary depending on the type of device and its intended use. The current GST rates for video recording apparatus are:

1. 18% for cameras and camcorders used for personal or professional purposes

2. 28% for video recorders, whether used for personal or professional purposes

HSN Code for Video Recording Apparatus

As mentioned earlier, video recording apparatus is classified under HSN code 8521. This code is used to classify goods and services for tax purposes in India. The HSN code for video recording apparatus is further broken down into subcategories based on the type of device:

1. 8521 90 10 - Video cameras and camcorders

2. 8521 90 20 - Digital cameras and camcorders

3. 8521 90 90 - Other video recording or reproducing apparatus, including video recorders

Conclusion

Understanding GST rates and HSN codes is an important part of doing business in India. We hope this guide has helped you understand the GST rates and HSN code for video recording apparatus. If you have any further questions or concerns, we recommend consulting with a tax professional to ensure that you are following all the correct procedures.