Input & Output HSN code

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Input & Output HSN code 2017-07-08T18:58:30+00:00
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  • Bhimaji NeheBhimaji Nehe
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    #2387 |

    We are manufacturer of Control panels & parts of control panel. Suppose B purchase a controller from A for Rs.100 with input GST 28% . Now B will program it and for B it is Parts of control panel whose HSN code will be 85381090 and rate of GST 18%.Now suppose B have to sale it to C then following query

    1. Can B sale the same product after process(Program Loading) under different HSN code say 85381090?
    2. What about Input GST credit in this case?
    Input GST 28% and output is 18%!!!!!!!!!!

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    1. B must use HSN code of his finished product at the time of sale.
    2. Input credit would be available @ 28%.
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