Other Mechanical appliances - GST Rates & HSN Code 8479

As a Small and Medium Business owner or a Startup Founder in India, you need to know about the Goods and Services Tax (GST) and the Harmonized System of Nomenclature (HSN) code. GST is an indirect tax that replaced many indirect taxes in India. The HSN code is a system of naming goods and services in a standardized way. In this article, we will discuss the GST rates and HSN code for Other Mechanical Appliances.

What are Other Mechanical Appliances?

Other Mechanical Appliances are machines that are used to perform a specific task. These machines use mechanical energy to perform a variety of tasks. Some examples of Other Mechanical Appliances include:

1. Hydraulic turbines and water wheels

2. Steam turbines and other vapour turbines

3. Parts of hydraulic turbines and water wheels

4. Parts of steam turbines and other vapour turbines

5. Textile machinery

GST Rates for Other Mechanical Appliances

The GST rates for Other Mechanical Appliances are 18%. This means that you will have to pay an 18% tax on the value of the appliance. This rate is the same across all states in India. However, if you are exporting the Other Mechanical Appliance or supplying to a Special Economic Zone (SEZ), you will not have to pay any GST.

HSN Code for Other Mechanical Appliances

The HSN code for Other Mechanical Appliances is 8479. The HSN code is a 6-digit code that is used to classify goods and services for taxation purposes. The first two digits of the HSN code represent the chapter under which the product falls. The next two digits represent the heading, and the last two digits represent the sub-heading.

Using the HSN code for Other Mechanical Appliances will make it easier for you to fill out your GST returns. It will also help the tax authorities to identify the product and tax it correctly.

Conclusion

Knowing the GST rates and HSN code for Other Mechanical Appliances is essential for Small and Medium Business owners and Startup Founders in India. It will help you to understand the tax implications of your business and enable you to file your GST returns correctly. Always make sure that you are using the correct HSN code for your products to avoid any penalties from the tax authorities.