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How much GST is levied on inverter batteries in India? Answer: GST on inverter batteries is charged at 28% in India.
May 13, 2020 · Battery HSN code. It comes in the category of electric-accumulators and its first four-digit HS Code is 8507. This includes a mobile battery, UPS battery, car battery HS code (Exide, Amaron, etc), lead-acid, nickel-cadmium, Ni-MH, lithium-ion battery HS code, dry cell, inverter battery, alkaline, rechargeable cell, etc ITC HSN Code.
Search HSN code for inverter batteries in India. Find inverter batteries HS code 2017 in India.
May 30, 2024 · Here's a table outlining common battery types, their corresponding HSN codes, and the applicable GST rate on battery in India: E-way Bills. When transporting batteries, e-way bills are mandatory if the consignment value exceeds ₹ 50,000 within a state or for inter-state movement.
Oct 22, 2024 · Inverter Battery HSN Code and GST Rate Inverter batteries fall under HSN Code 8507 and are subject to an 18% GST rate. This applies to both lead-acid and lithium-ion types used in backup power systems.
Jul 1, 2017 · As mentioned above, the HSN code for an Exide car battery is 85071010, and the HSN code for an Exide inverter battery is 85072000. What is the HSN code for battery 12v 200Ah? The HSN code for battery 12v 200Ah is 85072000. This is for secondary cells and electric accumulators with a voltage of 12V and a capacity of 200Ah or greater.
Jun 15, 2023 · Each type of battery, whether it is for UPS, inverters, lithium-ion cells, or other applications, is assigned a unique HSN code based on its characteristics and usage. This code simplifies the process of identifying and classifying batteries for GST (Goods and Services Tax) and other tax-related filings.
Aug 18, 2024 · Battery HSN Codes. Batteries fall under several HSN codes, depending on their type and use. However, a commonly used HSN code is 8506, which covers primary cells and primary batteries. Must reads. Know GST Composition Scheme Turnover Limit & Regulations. 13 Aug 24. 14 mins. Abatement in GST: Simplifying Tax for Businesses in India. 11 Aug 24.
Facts in Brief. Inverter Battery worth $63,945 under Sub Chapter 8507 have been imported. Average import price for inverter battery under Sub Chapter 8507 was $227.56. Please use filters at the bottom of the page to view and select unit type.
Nov 9, 2021 · HSN (Harmonized System Nomenclature) Number and SAC (Services Accounting Code) Number got its place as a new column in invoices for Solar Equipment after the implementation of the GST. Yes, it is mandatory to give a column in invoices for HSN/ SAC. Confused? Here’s an attempt to make it simpler for you.