HSN code for Project imports

HSN code for Project imports, laboratory chemicals

HSN Code and GST Tax rate for Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores under section-21 chapter-98

If the trader’s trades for Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores then they will have to use the HSN CODE for the Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores and all in the invoice or in the GST Return for identifications of the Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores.

According to the chapter-98( HSN code for Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores of section-21

HSN Code for Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores

GOODS DESCRIPTIONHSN CODE
All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified:
(1)   industrial plant,
(2)   irrigation project,
(3)   power project,
(4)   mining project,
(5)   project for the exploration for oil or other minerals, and
(6)   such other projects as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf;
and spare parts, other raw materials (including semi-finished materials of consumable stores) not exceeding 10% of the value of the goods specified above, provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above.
9801
Laboratory chemicals9802
Passenger baggage9803
Drugs or medicines including their salts and esters and diagnostic test kits specified at S.No.180 above and Formulations specified at S.No.181 above, intended for personal use.9804
Other Drugs and medicines intended for personal use9804
All dutiable articles intended for personal use9804

GST Rates for Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores

GOODS DESCRIPTIONHSN CODEGST TAX RATE
All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified:
(1)   industrial plant,
(2)   irrigation project,
(3)   power project,
(4)   mining project,
(5)   project for the exploration for oil or other minerals, and
(6)   such other projects as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf;
and spare parts, other raw materials (including semi-finished materials of consumable stores) not exceeding 10% of the value of the goods specified above, provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above.
980118%
Laboratory chemicals980218%
Passenger baggage9803NIL
Drugs or medicines including their salts and esters and diagnostic test kits specified at S.No.180 above and Formulations specified at S.No.181 above, intended for personal use.98045%
Other Drugs and medicines intended for personal use980412%
All dutiable articles intended for personal use980428%

if you want to know more details about HSN Code for Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores then click for the source link- HSN pdf

And if you want to know rate wise list of goods just check out this link- rate wise GST rate pdf

List of Updated GST Rates- GOODS- PDF

Disclaimer

Gstportalindia.in will not be held responsible for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document. The GST Rate & HSN codes have been arranged as per the best of authors’ understanding and are subject to periodic updates as per the law for the time being in force. It does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions herein is not ruled out.

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