Surveying instruments are crucial tools for land surveyors and civil engineers. The government of India has levied a Goods and Services Tax (GST) on these instruments. Understanding the GST rates and Harmonized System of Nomenclature (HSN) code for surveying instruments is essential for small and medium business owners and startup founders operating in this vertical.
GST is imposed on surveying instruments based on the HSN code. The GST applicable for surveying instruments is 18%.
The HSN code for surveying instruments is 9015. The surveying instruments under this category include:
4. Distance meters
5. Electronic distance meters
6. GPS equipment
7. Surveying rods, poles, and accessories
Let's take a look at some of the most commonly used surveying instruments along with their HSN codes:
Surveying Instrument HSN Code Auto Level 90158010 Theodolite 90158020 Tachometer 90158030 Electronic Distance Meter 90158040 GPS Equipment 90158050
As a small and medium business owner or a startup founder operating in the surveying instruments vertical, it is essential to understand the GST rates and HSN code applicable to your products. This will help you to calculate the GST payable on your products and avoid any legal hassles. We hope this article has provided you with a comprehensive guide on GST rates and HSN code for surveying instruments in India.
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