GST Rate on Air Conditioners: Find HSN Code & GST Rate
30 Apr, 2025
All products and services subject to GST in India are classified using an HSN code (Harmonized System of Nomenclature) and a SAC (Service Accounting Code), which aids in the removal of barriers to international commerce.
GST compensation surpassed 10% of these states' tax collections. According to the report, at least ten states, including Karnataka, Tamil Nadu, Maharashtra, Gujarat, and Uttarakhand, are anticipated to fall short of their budgeted 14% GST growth.
The Government of India introduced GST to alleviate the confusion caused by the previous tax regime. Understand the GST rate on the Restaurant and the process to get a GST certificate for the same through this blog.
The Central Government revised Sections 37 and 39 of the Central Goods & Services Tax Act (CGST), 2017, with effect from October 1, 2022, by Notification No. 18/2022-Central Tax dated September 28, 2022.
The Council made it clear that the new GST return method would be phased out since it was no longer necessary. A proposal for extensive changes to GSTR-3B will be made available to the public for comment.
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