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Published on:
February 25, 2023
By
Harshini

Optical Fibres - GST Rates  HSN Code 9001

Optical fibres are a crucial part of modern communication systems. They are used to transmit data over long distances with minimal signal loss. In India, the GST rates for optical fibres are determined by their HSN code. In this article, we will discuss the GST rates and HSN code for optical fibres.

HSN Code for Optical Fibres

The HSN code for optical fibres is 9001. This code is used to classify optical fibres for taxation purposes. The first two digits of the code represent the chapter under which the product falls, while the next two digits represent the heading. The fifth and sixth digits represent the subheading, and the final two digits represent the tariff item.

GST Rates for Optical Fibres

The GST rates for optical fibres depend on their application. Optical fibres are classified into two categories:

  • Optical Fibre Cables (OFC)
  • Other Optical Fibres

Let's take a closer look at the GST rates for each of these categories:

Optical Fibre Cables (OFC)

Optical Fibre Cables are used to transmit data over long distances. The GST rate for OFC is 18%.

Other Optical Fibres

Other Optical Fibres include optical fibres and preforms that are not used in OFC. The GST rate for other optical fibres is 12%.

Conclusion

In conclusion, the GST rates for optical fibres in India depend on their HSN code and application. Optical Fibre Cables (OFC) are taxed at 18%, while other optical fibres are taxed at 12%. If you are a small or medium business owner or a startup founder, it is important to be aware of the GST rates and HSN code for optical fibres to avoid any tax-related issues.

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Updated on:
March 16, 2024