Chapter 85 of the GST framework covers Electrical Machinery And Equi, and HSN Code 85241230 specifically identifies 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 8528.72 To 8528.73 for taxation purposes. This classification is mandatory for all businesses engaged in the supply 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 8528.72 To 8528.73. Tax rates applicable include CGST at N.a., SGST/UTGST at N.a., and IGST at N.a. for interstate movements. The standard unit of measurement is 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 85241230

Goods classified as 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 8528.72 To 8528.73 under HSN 85241230 are taxed based on transaction type. Local sales attract CGST at N.a. plus SGST/UTGST at N.a.. For supplies crossing state boundaries, IGST at N.a. applies. Documentation must reflect N.a as the measurement standard for Chapter 85 – Electrical Machinery And Equi products.

Who Should Use HSN Code 85241230?

Manufacturers, wholesalers, retailers, and exporters dealing in 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 8528.72 To 8528.73 are required to mention HSN 85241230 on all tax documents. This classification under Electrical Machinery And Equi applies to businesses of all sizes operating within Chapter 85. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Commencing trade in 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 8528.72 To 8528.73? Secure GST registration to handle taxes on HSN 85241230 classified goods. Businesses with international operations in Electrical Machinery And Equi need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Proper use of HSN Code 85241230 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 8528.72 To 8528.73 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)

What is the unit of measurement for HSN 85241230?

The standard unit of measurement 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 8528.72 To 8528.73 under HSN Code 85241230 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 85241230 mandatory for small businesses?

Yes, businesses dealing in 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 8528.72 To 8528.73 must use HSN 85241230 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code 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 8528.72 To 8528.73?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 85241230 for Electrical Machinery And Equi goods before invoicing.

Do I need AD Code registration for exporting 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 8528.72 To 8528.73?

Yes, AD Code registration is required for exporters dealing in 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 8528.72 To 8528.73 under Electrical Machinery And Equi. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 85

Back to Top