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Published on:
February 25, 2023
By
Prerna

Vacuum Cleaners - GST Rates & HSN Code 8508

When it comes to cleaning our homes and offices, a vacuum cleaner is an essential tool. It helps us to remove dust, dirt, and debris from floors, carpets, and other surfaces quickly and efficiently. However, if you are a small business owner or a startup founder in India, you need to know the GST rates and HSN code for vacuum cleaners to ensure that you are complying with the law.

GST Rates for Vacuum Cleaners

The Goods and Services Tax (GST) is a value-added tax that was introduced in India on 1st July 2017. It replaces all other indirect taxes levied on goods and services by the central and state governments. The GST rates for vacuum cleaners are as follows:

1. 18% GST on vacuum cleaners with a motor capacity of 1200 watts or more

2. 28% GST on vacuum cleaners with a motor capacity of less than 1200 watts

It is essential to keep in mind that the GST rates can change based on the government's policies. Therefore, it is advisable to check with a qualified tax consultant to stay updated on the latest tax rates.

HSN Code for Vacuum Cleaners

The Harmonized System of Nomenclature (HSN) code is an internationally accepted system of names and numbers to classify traded products. It is used by the government to levy taxes and monitor trade statistics. The HSN code for vacuum cleaners is 8508.

Here is a breakdown of the HSN code for vacuum cleaners:

1. 8508.11.00 - Vacuum cleaners with a self-contained electric motor

2. 8508.19.00 - Other vacuum cleaners

Conclusion

Being aware of the GST rates and HSN code for vacuum cleaners is crucial for small business owners and startup founders in India. It helps them to comply with the law and avoid any penalties or legal issues. Make sure to stay updated on the latest tax policies and consult a tax professional to ensure that you are meeting all the requirements.

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Updated on:
March 16, 2024