That, in the sincere view of the applicant, the fan coil unit is covered under hsn code 8418 under goods and service tax act, 2017 and gst will be charged @18%. The procedure to find hs code with tax rate is very simple From the detailed discussions about the exact nature and as to of which equipment the fcu is a part, we find that fcus would clearly be covered under gst tariff heading 85159000 as parts of air conditioning machines of heading 8515.
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Hsn code stands for “harmonized system of nomenclature”
This system has been introduced for the systematic classification of goods all over the world
Find gst rates and hsn code for controller Get complete information about applicable tax rates and hsn classification. Find your product's hsn code and gst rate using our hsn code finder with which you can search by product name or code, and you can also use the category list to identify your hs code. Animals of chapter 1 or 3, unfit for human consumption, other than semen including frozen semen
With each update, the list of hsn codes and their corresponding gst rates may change To keep businesses informed, the government issues notifications regarding modifications to the tax rate or new inclusions in the hsn list.
