Monitors and projectors are essential devices for various industries and businesses. They are widely used in the field of education, entertainment, healthcare, and corporate sectors. With the implementation of Goods and Services Tax (GST) in India, every product is assigned with a unique Harmonized System of Nomenclature (HSN) code for easy identification and categorization. In this article, we will discuss the GST rates and HSN code for monitors and projectors.
The HSN code for monitors and projectors is 8528. This code is further classified into various subheadings based on the type of device.
The HSN code for monitors is 8528 1410. This code covers all types of monitors such as LCD, LED, CRT, and OLED monitors. The rate of GST applicable for monitors is 18%.
The HSN code for projectors is 8528 6210. This code covers all types of projectors such as LED, LCD, DLP, and LCoS projectors. The rate of GST applicable for projectors is 18%.
The GST rates for monitors and projectors are based on the type of device and its usage. The following is the list of GST rates applicable for monitors and projectors.
1. 18% GST rate for monitors used for personal or home use
2. 18% GST rate for monitors used in the healthcare industry
3. 28% GST rate for monitors used in the gaming industry
4. 28% GST rate for monitors used in the film and entertainment industry
1. 5% GST rate for projectors used in the education industry
2. 18% GST rate for projectors used for personal or home use
3. 28% GST rate for projectors used in the film and entertainment industry
Monitors and projectors are essential devices for various industries and businesses. The HSN code for monitors and projectors is 8528, and the GST rates applicable for them are based on the type of device and its usage. It is important for small and medium business owners and startup founders to understand the GST rates and HSN code for their business requirements to avoid any confusion or complications in the future.
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