Certificate HSN Code
GST rates and HSN code for Certificate.
| Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
|---|---|---|---|---|---|---|
| Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which They Have, Or Will Have, A Recognized Face Value; Stamp-Impressed Paper; Bank Notes; Cheque Forms; Stock, Share Or Bond Certificates And Similar Documents Of Title | 4907 | 18% | – | 01/07/2017 | – |
| Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which They Have, Or Will Have, A Recognized Face Value; Stamp-Impressed Paper; Bank Notes; Cheque Forms; Stock, Share Or Bond Certificates And Similar Documents Of Title U | 49070010 | 18% | – | 01/07/2017 | – | |
| Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which They Have, Or Will Have, A Recognized Face Value; Stamp-Impressed Paper; Bank Notes; Cheque Forms; Stock, Share Or Bond Certificates And Similar Documents Of Title U | 49070020 | 18% | – | 01/07/2017 | – | |
| Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which They Have, Or Will Have, A Recognized Face Value; Stamp-Impressed Paper; Bank Notes; Cheque Forms; Stock, Share Or Bond Certificates And Similar Documents Of Title | 490700 | 18% | – | 01/07/2017 | – | |
| Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which They Have, Or Will Have, A Recognized Face Value; Stamp-Impressed Paper; Bank Notes; Cheque Forms; Stock, Share Or Bond Certificates And Similar Documents Of Title U | 49070090 | 18% | – | 01/07/2017 | – | |
| Unused Postage, Revenue Or Similar Stamps Of Current Or New Issue In The Country In Which They Have, Or Will Have, A Recognized Face Value; Stamp-Impressed Paper; Bank Notes; Cheque Forms; Stock, Share Or Bond Certificates And Similar Documents Of Title U | 49070030 | 18% | – | 01/07/2017 | – |
Understand the Certificate HSN Code Under GST
If your business deals with certain types of certificates, understanding their Harmonized System of Nomenclature (HSN) code is crucial for navigating India’s Goods and Services Tax (GST) regulations. This classification determines the applicable GST rate for these documents of value or title.
Based on the provided data, “certificates” primarily fall under Chapter 49, which covers “Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans.” Specifically, the relevant heading includes “Stock, Share Or Bond Certificates And Similar Documents Of Title.”
Recognize the Scope of This HSN Code
It’s important to note that this HSN code specifically covers stock, share, and bond certificates, as well as similar documents of title. This typically refers to financial instruments representing ownership or debt. Other types of certificates, such as educational certificates, birth certificates, or certificates of authenticity, might fall under different HSN codes or be considered services, which have separate GST classifications. The provided data does not cover these other types of certificates.
Understand the Significance of Accurate HSN Code Usage
Using the correct HSN code for stock, share, and bond certificates is essential because:
- It determines the applicable GST rate: For these specific certificates, the rate is 18%. Incorrect classification could lead to the application of a wrong tax rate.
- It ensures compliance with GST regulations: Correct HSN codes are mandatory for GST invoices and return filings when these documents are supplied (if applicable).
- It facilitates clear understanding in financial and business transactions involving these instruments.
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