Slates & Boards HSN Code and GST Rates - 9610 The classification of goods into different categories for the purpose of implementing Goods and Service Tax (GST) in India comprises the use of HSN code which has been explained above. Slates and boards come under this classification and their HSN Code is 9610. This article will explore the HSN code, the white board HSN code and GST rate, among other related details.
What is an HSN Code? HSN or Harmonized System of Nomenclature is a classification system that enables international trade to go through with utmost ease as goods get properly classified. In India this greatly helps with trade, taxation and ensuring everyone follows the GST regime as all products are categorized under unique codes.
Understanding HSN Code 9610 Within this code, a variety of products are included including but not limited to: 1. Slates and boards (hand held or where writing and drawing is done on). 2. Boards which include blackboard, white board, and others. Items classified under this HSN code are generally used in schools, offices and other work creative environments. You Can Also Read: GST on Education Fees: Rates and Exemptions
GST Price for Slates and Boards 9610 HSN code Items within this HSN Code 9610 may bear different GST rates based on their type and use. Below ar teh HSN codes with the specified category of the product with their respective CGST, SGST and IGST rates.
HSN Code Category CGST Rate SGST Rate IGST Rate 96100000 Boards, with writing or drawing surface, whether or not framed" 9% 9% 18% 9610 Slates 0% 0% 0%
This means that the most relevant category for most common boards including white boards is most definitely this one.
Essentials of Boards Across the Industries Education Sector 1. Almost every school and college uses blackboards, whiteboards and slates for educational purposes. This is where slates and boards are used the most.
2. These are significant instruments in a classroom setting especially in interactive lessons and in visual presentations. Teachers may use these with chalks to teach kids.
Corporate Offices 1. In corporate offices, Whiteboard, brainstorming, meeting and presentation are crucial elements. These are used in meetings and important workings or to schedule meetings and important gatherings.
2. Having the same whiteboard HSN code and GST rate makes obtaining them easier for the organization. And knowing the HSN code can make the transactions easy and notable.
Creative Spaces 1. Slates and boards aid in fostering exercising implements for artistic and creative desires.
2. Create audit trails and have accurate records for easier audit assessments and filing tax returns .
Example Scenario Let us understand the whole situation with an example. A company manufacturing whiteboards invoices a school for 50 units. Now let's begin the calculations. The HSN Code for Slates and boards is 9610 as we know from this article. The GST Rate on the given HSN code is 18%. So after making all the assumptions and calculations, the total amount comes out to be Rs.59,000. The breakdown of all the calculations is mentioned below.
Invoice Example: Product Quantity Unit Price (Rs.) GST Rate GST Amount (Rs.) Total Amount (Rs.) Whiteboard (9610) 50 1,000 18% 9,000 59,000
Such invoice avoids delivery of goods without authentication and sale transactions that frustrate business investigations.
You Can Also Read: GST Exemption on Educational Course Fees
Conclusion It is really pivotal for both businesses and consumers to understand the board HSN code as well as the 9610 HSN Code. Similarly, through the right use of whiteboard HSN code and GST rate, businesses are able to meet such requirements and remain compliant, allowing for even tax returns to be filed properly, thus facilitating the functioning of GST. Whether you are a producer, a provider or consumer of such goods, HSN Code 9610 gives directions for well-informed decision making and efficient operations.
FAQs 1. What is the HSN code 9610? The HSN code for boards HSN is 9610 mainly for slates, boards, white boards and black boards.
2. White boards being classified under HSN code 9610 what is the GST rate they are subject to? The GST rate for whiteboards under 9610 HSN Code is 18%.
3. Is the board HSN code made up of slates and drawing boards? The board HSN code, which is 9610 does include slates, whiteboards, blackboards and drawing boards in its coverage.
4. HSN code 9610 is used for what purpose? The HSN Code 9610 is for writing slates or boards or drawing slates or boards or white slates and writing slates and similar products.
5. Do black and white A3 boards attract the same gst rates? A3 blackboards and A3 whiteboards fall in the HSN Code 9610 which has a gst of 18%.
People Also Ask 1. How much is slate per sq ft? The price of slate varies by quality and finish, typically ranging from ₹40 to ₹120 per sq ft in India.
2. What is the GST rate for paper board? Paper and paperboard generally attract 12% GST under HSN Code 4802 or 4805 , depending on the type.
3. What is the HSN code for boards? The HSN code for boards (paper or paperboard) falls under Chapter 48 , mainly 4802, 4805, or 4810 , depending on coating and finish.
4. What is the GST rate for whiteboards with HSN code? Whiteboards fall under HSN Code 9610 , and the applicable GST rate is 18% .
5. What is the GST rate for board? The GST rate for boards depends on the material—paperboard: 12% , wooden or plastic boards: 18% , and metal boards: 18% .