Under the GST regime, HSN Code 85241220 classifies Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 within Chapter 85 – Electrical Machinery And Equi. This code is essential for businesses to correctly calculate and remit taxes on Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14. The applicable rates are CGST at N.a., SGST/UTGST at N.a. for within-state sales, and IGST at N.a. for interstate supplies. Goods are quantified using N.a.
HSN Codes under Chapter 85 – Electrical Machinery And Equi
Below are related HSN codes from Chapter 85 – Electrical Machinery And Equi for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Electrical Machinery And Equi... | 85011011 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011012 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011013 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011019 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011020 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85012000 | Electric Motors And Generators (Excluding Generati... | 0.09 | 0.09 | 0.18 |
| Electrical Machinery And Equi... | 85013111 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013112 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013113 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013119 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 85241220
The taxation of Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 under HSN Code 85241220 depends on supply location. Intrastate transactions require CGST at N.a. and SGST/UTGST at N.a.. Interstate supplies are charged IGST at N.a.. Invoices should consistently use N.a for Electrical Machinery And Equi goods under Chapter 85.
Who Should Use HSN Code 85241220?
Traders, manufacturers, and importers of Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 are required to mention HSN Code 85241220 on all GST documents. This Electrical Machinery And Equi classification under Chapter 85 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 market requires essential registrations. GST registration enables legal tax collection on HSN 85241220 goods. For cross-border trade in Electrical Machinery And Equi items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Proper use of HSN Code 85241220 for Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 streamlines audit processes and supports valid credit claims. Stay updated on N.a., N.a., and N.a. rates for Chapter 85 – Electrical Machinery And Equi through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 85241220 for accurate classification of Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14.
Yes, registered businesses can claim input tax credit on Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 purchases made under HSN 85241220. Ensure your supplier mentions correct HSN code and GST rates (N.a., N.a.) on the invoice.
CGST at N.a. plus SGST/UTGST at N.a. applies when Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 is sold within the same state. IGST at N.a. is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens Without Drivers Or Control Circuits : Of Organic Light-Emitting Diodes (Oled): For The Goods Of Sub-Heading 8417.13 Or 8417.14 internationally. For domestic trade within Electrical Machinery And Equi, GST registration is sufficient.
