As a small or medium business owner, it is important to understand the GST rates and HSN code for products and services that you offer. In this article, we will discuss the GST rates and HSN code for Other Metal Machines, which fall under Chapter 84 of the GST tariff.
Other Metal Machines are machines that are used for working metals, including drills, milling machines, lathes, and other similar machines. These machines are used in a variety of industries, including manufacturing, construction, and mining.
The GST rate for Other Metal Machines is 18%. This rate is applicable to all types of Other Metal Machines, regardless of their use or purpose. It is important to note that this rate is subject to change based on government policies and regulations.
The HSN code for Other Metal Machines is 8463. This code is used to classify Other Metal Machines for the purpose of taxation. It is important to note that the HSN code for Other Metal Machines may vary depending on the specific type of machine.
If you are unsure about the HSN code for your particular type of Other Metal Machine, it is recommended that you consult with a tax professional or refer to the official GST tariff for guidance.
Understanding the GST rates and HSN code for Other Metal Machines is important for small and medium business owners who offer these products or services. By familiarizing yourself with the applicable rates and codes, you can ensure that your business is in compliance with government regulations and avoid any penalties or fines.
If you have any questions or concerns about the GST rates and HSN code for Other Metal Machines, it is recommended that you consult with a tax professional or refer to the official GST tariff for guidance.
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