GST rates and HSN code 7005 for Float Glass, Polished Glass Glass, an extremely adaptable material, is of key importance to a variety of the most lucrative industries including construction, automotive, and home decor. The production of flat glass and tempered glass is of wide application in the mentioned industries because of their crystal clearness, sturdiness, and multiple usages. Getting a clear grip of GST rates and HSN classification for those glass products is of significant importance for the enterprise to avoid non-compliance and inefficient tax calculation. This article will further discuss the topics GST rates, HSN codes, and compliance requirements for float glass and polished glass, in particular.
What is Float Glass? Float glass is the glass through which a stroke of molten glass passes from a melting furnace over the molten tin to a cooling bath where the molten "glass" becomes a solid, smooth, level "ribbon". A sheet of float glass is characterized by the same thickness all over and a high-quality smooth surface, which is why it is perfect for use in the construction of windows, mirrors, and vehicles.
The fact that the Fresnel lens allows for diffraction of light, resulting in aesthetic effects and high-quality glass being produced, has resulted in float glass appearing as the most preferred choice for both architectural and automotive purposes.
For more details on different glass types and their uses , check our article on Understanding GST on Glass Products .
What is Polished Glass? The so-called “polished glass” is in this case a finish attained by such a treatment of the surface of float glass, that it produces the effect of employing the glass sheet in industrial glass machining applications. This particular type is then used mainly in very elaborate buildings, furniture, and decor constructions. Polishing is a technological process that enhances the beauty of the product by creating a smooth, reflective surface that gives the product a luxurious feel, making it the perfect solution for sophisticated interior designs and buildings.
HSN Code for Float Glass and Polished Glass The HSN Code or Harmonized System of Nomenclature is a universally accepted exercise for classification of the commodities. The float glass and polished glass HSN code of 7005 is the HSN code for float and polished glass.
The Harmonized System of Nomenclature code used the Harmonized System of Nomenclature code to categorize cargo in the process of import and export which are based on their basic nature, composition, and specific use.
HSN Code Description GST Rate 7005 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked 18% 700510 Non-Wired Glass, Having An Absorbent, Reflecting Or Non-Reflecting Layer 18% 70051010 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Non-Wired Glass, Having An Absorbent, Reflecting Or Non-Reflecting Layer: Tinted 18% 70051090 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Non-Wired Glass, Having An Absorbent, Reflecting Or Non-Reflecting Layer: Other 18% 700521 Coloured Throughout The Mass (Body Tinted),Opacified, Flashed Or Merely Surface Ground 18% 70052110 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Other Non-Wired Glass : Coloured Throughout The Mass (Body Tinted) Opacified, Flashed Or Merely 18% 70052190 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Other Non-Wired Glass : Coloured Throughout The Mass (Body Tinted) Opacified, Flashed Or Merely 18% 700529 Other 18% 70052910 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Other Non-Wired Glass : Other: Tinted 18% 70052990 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Other Non-Wired Glass : Other: Other 18% 700530 Wired Glass 18% 70053010 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Wired Glass: Tinted 18% 70053090 Float Glass And Surface Ground Or Polished Glass, In Sheets, Whether Or Not Having An Absorbent, Reflecting Or Non-Reflecting Layer, But Not Otherwise Worked - Wired Glass: Other 18%
Detailed HSN Codes for Float Glass and Polished Glass 700510 : Float glass and surface ground or polished glass, in sheets, having an absorbent, reflective, or non-reflecting layer, but not otherwise worked (excluding wired glass) - 18% GST.
700521 : Float glass and surface ground glass, in sheets, coloured throughout the mass "body tinted", opacified, flashed, or merely surface ground, but not otherwise worked (excluding wired glass or glass having an absorbent, reflecting or non-reflecting layer) - 18% GST.
700529 : Float glass and surface ground and polished glass, in sheets, not otherwise worked (excluding wired glass or glass colored throughout the mass "body tinted", opacified, flashed or merely surface ground), or glass having an absorbent, reflecting or non-reflecting layer) - 18% GST.
700530 : Float glass, surface ground and polished glass, in sheets, whether or not having an absorbent, reflecting ,or non-reflecting layer, wired, but not otherwise worked - 18% GST.
GST Rates for Float Glass and Polished Glass Under the Goods and Services Tax (GST) regime in India , different types of glass products fall under different tax slabs. For float glass and polished glass:
The GST rate applicable is 18% .
Integrated GST (IGST) for inter-state transactions is 18% .
For intra-state transactions, CGST is 9% and SGST is 9% .
GST Rates for Other Glass Products The GST rate for glass and glassware products typically ranges from 18% to 28% based on the product type. For example:
Cast and rolled glass are taxed at 28% GST.
Glassware for table or kitchen use is taxed at 18% GST.
Safety glass , consisting of toughened or laminated glass, is taxed at 18% GST.
GST Rates & HSN Code Finder – ClearTax
GST Applicability on Different Uses of Glass Construction Industry: Float glass is commonly the main material in solutions for both commercial and residential buildings for windows, doors, and facades. The attached technology makes it both clear and strong which is suitable for functional and aesthetic uses in construction.
Automotive Industry: Cars are equipped with the best quality glass e.g. float glass in windshields, windows, and even sunroofs. The float glass in vehicle manufacturing points the way to the importance of the provision of security and elegance through glass.
Furniture & Interior Decor: The sleek effect of tempered glass is often felt in the tabletops, partitions, and decorative panels used at home. That latter quality is what makes polished glass a modern interior design favorite, which ultimately leads to a longer life of the glass.
Solar Panels: Float glass having special coatings is employed in solar energy applications. On account of its transparency and durability, it optimally absorbs light from the sun to the solar cells resulting in energy efficiency and sustainability.
Input Tax Credit (ITC) on Glass Products The company needs to maintain accurate invoices and GST-compliant documentation to claim ITC promptly. In certain cases, mistakes or mismatches in GST returns can be the cause of delays or denials of ITC benefits.
One of the main strategies to avoid irregularities during audits includes the matching of purchase records with GST filings. Businesses can get the most out of tax benefits by staying up to date with GST laws and amendments.
Furthermore, businesses should check the compliance of their suppliers, as the ITC can only be claimed if the supplier has filed their GST returns correctly. Utilizing GST software can make tax calculations elegant and also prevent inaccuracies.
The ITC claims for float or polished glass on manufacturers can not only diminish their overall production costs but also help increase their cash flows. The tax expert's advice aids businesses with their ITC claims and keeps them on the right side of the law throughout ongoing changes. Up-to-date knowledge of the industry-crafted GST exemption rules is a must to tax optimally while evading penalties.
Input Tax Credit (ITC) in GST
Compliance and Documentation Proper Invoice and GST Filing: Enterprises are bound to issue a bill that complies with the tax officials and contains the GST number given by a supplier, HSN code, and the tax rate. This not only makes the tax calculation process efficient but also caters to maintaining the records for future audits.
E-way Bill Requirements: If the worth of glass to be moved is over ₹50,000, an e-way bill is to be issued for inter-state movement. As a result, it is more difficult to conduct the evasion of taxes owing to the fact that the transportation can be traced by the system.
Reverse Charge Mechanism (RCM): If the glass is procured from an unregistered dealer, GST must be paid under RCM. This avoids the collection of duty from the transactions involving suppliers that have not registered.
GST Compliance & Filing – IndiaFilings
Challenges in GST Compliance for the Glass Industry Impact of GST on Import and Export : Imported glass attracts Customs Duty + IGST , which impacts overall pricing. This can make domestic manufacturers less competitive compared to imported products, especially if they are cheaper.
Correct Classification of Glass Products: Companies must ensure that the HSN codes 7005 are correctly included for float glass and polished glass. Fine or/and non-compliance can be the implications of incorrect classification.
High Transportation Costs: Glass becomes more indeed if it requires very stringent handling so on top of transportation and logistics expenses it followed the account with the higher costs of the whole cost of the company's glass products.
Conclusion Moreover, companies must ensure correct documentation to be able to take advantage of the Input Tax Credit (ITC) and avoid tax burdens. Firms that have a good understanding of the exemptions can reduce expenses and therefore make more profit.
For HSN Code 7005, this item comprises both 7005 type float and polished glass which means that the company must distinguish between them to apply the correct GST rate. Misclassification may lead to sanctions and the consequent loss of compliance, consequently necessitating the verification of tax slabs from time to time.
Product ranges in the new glass manufacturing sector may be classified differently, triggering the need for regular updates to invoicing systems. Importers and exporters of float and polished glass should also remember the customs duties and international tax considerations. Invoicing software and GST automation can work together to create more accurate tax calculations and generate fewer errors in tax filings.
Working with tax consultants can do a world of good in the complex GST structures and ensure smooth compliance. Keeping up to date with the government's regulations and GST rate changes can turn out to be the ultimate competitive advantage for businesses to grow in the progressing glass market.
FAQs 1. What is the GST rate on toughened or tempered glass? The Toughened glass sequence which plugs the rubber ball nose is no.7007 and its tax is 18% of the GST.
It is the most commonly used type of glass in the automobile industry, in construction, and in the interiors of buildings.
The entities which offer toughened glass must verify the HSN code with CBIC to correctly provide tax details of the same on the products in the invoice.
Importers and exporters must also look out for customs duties to be paid on top of the GST on their products.
The new GST tax margins and changes in HSN classification provided must be monitored diligently.
Only properly produced and legally conducted documentation gives you the ability to claim ITC for toughened glass.
2. Is there any GST exemption for float glass? Non-float glass is not tax-free. It is taxedat 18% GST.
Float glass is the basic refraction material for windows, doors, and furniture making.
Whenthe HSN code is wrongly recorded, a different type of tax may affect production.
Even the explosion of non-float glass may not change the GST rate of the main
Suppliers of businesses need to make sure they have filed GST returns for the GST
Regular tax policy updates can prevent fines or incorrect tax calculations.
3. Can ITC be claimed on the purchase of glass used in construction? Yes, ITC can be claimed if the use of the glass is in the manufacturing process or business operations and the company that is using it fulfils all the conditions. However, if used for personal construction, ITC is not allowed.
ITC status of whether the construction services are taxable is based on.
Tax invoices and proper documentation are needed for ITC claim.
Glass is omitted from the list of exempted premises where ITC is the claimant.
Businesses should verify ITC claims as well as reconcilethem with their GST filings to avoid differences.
For further details, visit our blog .
Additional Resources GST Rates and HSN Codes for Various Products : Visit ClearTax for comprehensive information on GST rates and HSN codes for different products.
Importance of HSN Codes in GST : Learn more about the role of HSN codes in GST compliance from Bajaj Finserv .
GST Compliance for Businesses : Understand the importance of GST compliance and how to maintain accurate records with IndiaFilings .
People Also Ask 1. What is HSN Code 7005? HSN Code 7005 covers float glass and polished glass , including sheets with absorbent, reflective, or non-reflective layers used in construction and automotive industries.
2. What is the GST rate on float glass and polished glass? Both float glass and polished glass attract 18% GST — divided as 9% CGST and 9% SGST for intra-state trade or 18% IGST for inter-state supply.
3. Can ITC be claimed on glass purchases? Yes, Input Tax Credit (ITC) can be claimed if the glass is used for manufacturing or business operations and all GST filings and invoices are compliant.
4. Is float glass exempt from GST? No, float glass is not exempt from GST . It falls under the 18% tax slab as per HSN Code 7005.
5. What are the compliance requirements for glass manufacturers? Manufacturers must issue GST-compliant invoices with HSN code 7005, maintain digital records, and file GST returns regularly to claim ITC and avoid penalties.
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