What is GST rate on stationery?
Paper-Based Stationery Product Attracting 18% GST.
HSN Code 9608: Ball-point pens; felt tipped and other porous-tipped pens and markers; fountain pens, stylograph pens and other pens; duplicating stylos; propelling or sliding pencils; pen-holders, pencil-holders and similar holders; parts thereof, incl.
Is GST applicable on stationery?
The authority ruled that printing stationery items as cited above constitutes a supply of service to an educational institution and, hence, is exempt from GST.24-Aug-2022
GST is now levied at a rate of 18% on laptops, hence taking the total price a little higher than what consumers would have paid in the pre-GST era.12-Jan-2022
What product is 18% GST?
What Falls Under the 18% GST Rate? Household products, including hair oil, toothpaste, shampoo, etc. All devices for length measuring by hand, like measuring tapes, callipers, etc.
GST Tax Slab of 18% Goods – Mineral water, raw pasta, biscuits, pastries, soup, cornflakes, curry powder and paste, preserved vegetables, food mixes and other supplements and condiments, refined sugar, Cocoa butter, Ice cream, edibles like chocolate as well as chewing gum.
What is the GST rate of HSN code 9608?
12%
Harmonized System of Nomenclature code
What is the HS Code for notebook?
HS Code 48201030 - Notebooks, letter, pads.
Yes, ITC is eligible on computer stationery, since it is use in furtherance of bussines & paying GST on output goods & services.09-Feb-2018
Can I claim ITC on stationery items?
Input tax credit is eligible on stationery if it used in course or furtherance of business and the final product is taxable. Further, if the same is incurred at Head office level then it has to be distributed to respective units on proportionate basis.14-Nov-2017
Paper Products Taxable at 18% GST Rate The following types of paper products are taxable at 18% GST rate. Further, any other type of paper or paper product or article of paper or paper pulp not mentioned under any other rate is taxable at 18%.
What is the GST on iPhone?
The counterpoint of this is 18 per cent GST, which is standard across India and is included in the maximum retail price. Of the Rs 69,900 iPhone 13 mini, the GST alone amounts to Rs 10,662.71. This had been added over and above the cost of the iPhone, which also includes custom duties.15-Sept-2021
8471 – Four digit HSN code for USB storage devices, keyboards and printers. 847160 – Six digit HSN code for printers. 847160 – Six digit HSN code for mouse, keyboard and other input devices.HSN Code for Computers, Printers, Keyboards and Storage Devices.
What is the GST on IPAD?
HSN Code 8471
The GST rates of 5%, 12%, 18% and 28% on goods, were affecting consumers with several pros and cons on services. However, services such as healthcare and educational services were excluded from GST. The passed GST rates slabs from the GST council consists of NIL, 5%, 12%, 18%, 28% rates on different services.22-Jul-2022
On which item GST is 28?
18.07. 2022
“Prices will go up on daily essentials for end-consumer who cannot avail input tax credit benefits. These include pre-packaged or labeled buttermilk, curd, and paneer, earlier exempted, and will now attract 5 per cent GST starting from 18th July 2022," said Archit Gupta, Founder and CEO of Clear.16-Jul-2022
What is new GST rate?
The GST rate slabs are decided by the GST Council.Revision of GST Rates announced in the 45th GST Council Meeting.
Revision of GST Rates Announced in 45th GST Council Meeting
How do you calculate 5% of GST?
Let's say before GST, your subtotal is x dollars. Then the total is this amount (x) PLUS the gst amount (5% of x). So the Total = x + 5%(x) = 1x + 0.05x = 1.05x, because 5% means 0.05.
What is GST rate on stationery?