Flex Banner HSN Code
GST rates and HSN code for Flex Banner.
| 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 | Trade Advertising Material, Commercial Catalogues And The Like | 491110 | 18% | – | 01/07/2017 | – |
Understand the HSN Code for Flex Banners
The Harmonized System Nomenclature (HSN) code is a crucial element in India’s Goods and Services Tax (GST) system. It provides a standardized classification for goods, ensuring uniformity in tax application. If your business deals with flex banners, understanding their specific HSN code and the applicable GST rate is essential for compliance.
Identify the GST Rate for Flex Banners
Based on the provided data, flex banners, being a form of printed advertising material, are classified under Chapter 49: Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans. Specifically:
- Trade Advertising Material, Commercial Catalogues And The Like falls under HSN code 491110 with a GST rate of 18%. This category directly includes flex banners used for advertising purposes. The GST rate has been effective since July 1, 2017. No CESS is applicable.
Therefore, the GST rate applicable to flex banners used for trade advertising is 18%.
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