As an SME or startup owner, you may have to deal with different machinery and equipment for your business. Knowing the right GST rates and HSN codes can help you prepare your invoices and file your GST returns accurately. In this article, we'll discuss the GST rates and HSN code for Other Machinery, which falls under Chapter 84 of the GST Tariff Act.
Other Machinery is a broad category of machinery that is not classified elsewhere in Chapter 84. It includes various types of machines, tools, and equipment used in manufacturing, construction, agriculture, and other industries. Some examples of Other Machinery are:
1. Printing machinery
2. Metalworking machinery
3. Woodworking machinery
4. Ceramic machinery
5. Food processing machinery
6. Textile machinery
7. Machine-tools for working metals
8. Electric motors and generators
9. Parts of the above machinery
The GST rates for Other Machinery depend on the specific type of machinery and its intended use. Here are the GST rates for some common types of Other Machinery:
Printing machinery - 18%
Metalworking machinery - 18%
Woodworking machinery - 18%
Ceramic machinery - 18%
Food processing machinery - 5%
Textile machinery - 18%
Machine-tools for working metals - 18%
Electric motors and generators - 18%
Please note that the GST rates may be subject to change based on the latest updates from the GST Council. You can check the latest GST rates and HSN codes on the official GST portal.
The HSN code for Other Machinery is 84. This code is used for all types of machinery that are not classified elsewhere in Chapter 84. However, if you're dealing with a specific type of Other Machinery, you'll need to use the corresponding HSN code to prepare your invoices and file your GST returns accurately. The information below provides some common HSN codes for different types of Other Machinery.
Printing machinery - 8443
Metalworking machinery - 8456
Woodworking machinery - 8465
Ceramic machinery - 8479
Food processing machinery - 8438
Textile machinery - 8451
Machine-tools for working metals - 8466
Electric motors and generators - 8501
Knowing the right GST rates and HSN codes for your business can help you avoid errors and penalties while filing your GST returns. If you're dealing with Other Machinery, you'll need to use the HSN code 84 and the corresponding GST rate based on the specific type of machinery. You can always refer to the official GST portal or consult a tax expert for any clarifications or updates.
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