Hsn code for computer

We will be imparting all the GST rates applicable for the concerned users. GST council determines the GST rate for goods and services, which keeps altering from time to time on the suggestions and approval of the GST council members, hsn code for computer.

Enter HS Code. HSN Code Product Description Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data on to data media in coded form and machines for processing such data, not elsewhere specified or included Processing units other than those of sub-headings Parts and accessories other than covers, carrying cases and the like suitable for use solely or principally with machines of headings to Parts and accessories of the machines of heading Motherboards Portable digital automatic data processing machines weighing not more than 10 kg. Get global trade data online at your fingertips. Follow us on. See data and insights into action.

Hsn code for computer

This blog will cover the laptop hsn code along with GST applicable on laptops, PCs and related electronic devices. Later on as the technology advanced and many new solutions ushered in, the Government decided to introduce two more numbers forming the tail of the new coding system. For computers, laptops and related devices, the preliminary coding is given as Here, 84 or the initial two digits address the chapter number. Chapter 84 includes mechanical instruments like computers in addition to boilers and nuclear reactors. The following two digits, i. Identification of the appropriate HSN Code for a particular product is mandatory as the GST levied on revenue earned through the selling of that good is determined by referring to the HSN code. The Council keeps on changing the tax rates quite frequently depending on the minutes of meetings held among the core members forming the Board. Lately, the GST tax collection has been reported to surpass the projections, therefore, the Indian Government is vigorously looking for ways to reduce the GST rates across certain categories of goods. HSN codes under Chapter 84 cover all personal computers, micro-computers, laptops and other related devices manufactured all over India.

In a table, we have jotted down the detailed list of HSN Code devices breaking down the individual elements that are deployed to run a system. Get More. Close Search for.

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We will be imparting all the GST rates applicable for the concerned users. GST council determines the GST rate for goods and services, which keeps altering from time to time on the suggestions and approval of the GST council members. In this way, well-considering the current scenario and on the basis of recommendations of members of the GST council meeting , GST rates are fixed. Note: Automatic data processing machines need not necessarily be a single unit. A system comprising of various separate units can also be an automatic data processing machine.

Hsn code for computer

Published : January 3, , Updated : January 23, This knowledge ensures clarity on taxation for products falling under the laptop HSN code. HSN, which stands for Harmonized Structure of Nomenclature, is like a special language the government uses to organize different things people buy and sell. At first, the government used a six-digit code to sort out products. But as technology got better, they added two more digits to make it even more precise. They got their own special code, which is The first two digits, 84, are like the chapter number. The next two digits, 71, are like a detailed description. This council meets regularly and talks about what tax rates should be for various products and services. They can change these rates often based on discussions during their meetings.

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The biggest advantage associated…. The GST rates are fixed based on the following principles:. The HSN code,…. The GST Council assesses the potential impact on government revenue and ensures that any rate adjustments are revenue-neutral or within acceptable limits. Related Articles Recommended. As we have already discussed is the common four-digit number used to form various HSN codes that are assigned to computing tools, now we are going to see the full HSN code for multiple accessory units. In simple words, is the six-digit HSN code for personal computers that are used in offices and domestic settings. If you find this article helpful you may read the other GST blogs on our site. Combined units both input and output components. When we move on to the storage instruments like hard disks, flash drives and others then the code gets changed to These supporting gadgets like the mouse, printer, keyboard, and USB storage units are enabled to receive and forward valuable information in the form of signals.

In the Evolving world of technology, computers and laptops have become an integral part of our daily lives. Whether for work, education, communication or entertainment, these devices have become fundamental requisites. GST simplified the taxation process by replacing various state and central taxes with a single tax structure.

Parts and accessories other than covers, carrying cases and the like suitable for use solely or principally with machines of headings to Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check. The GST rates are fixed based on the following principles:. Mobile No. The Indian government…. The GST Council assesses the potential impact on government revenue and ensures that any rate adjustments are revenue-neutral or within acceptable limits. The computer system will become non-functional if the performance of these subunits fluctuates. Later on as the technology advanced and many new solutions ushered in, the Government decided to introduce two more numbers forming the tail of the new coding system. HSN codes under Chapter 84 cover all personal computers, micro-computers, laptops and other related devices manufactured all over India. The consideration of ITC helps in determining the final tax burden on the end consumer. Ltd in the field of Accounts and Taxation. Computers running on microprocessors — a microcomputer. The same six-digit code applies to all input components of the computer system as well, such as the mouse, scanner, keyboard and so on. Lately, the GST tax collection has been reported to surpass the projections, therefore, the Indian Government is vigorously looking for ways to reduce the GST rates across certain categories of goods.