Explore GST rates and HSN code 8504 for voltage stabilizers. Learn about tax applicability and Input Tax Credit claims.
In India, the Goods and Services Tax (GST) applies to the production and sale of voltage regulators and stabilizers. These devices are assigned HSN code 8504, a globally recognized classification system for standardizing product codes. This article explores the specific HSN code and GST rate for stabilizers, and examines the eligibility for claiming input tax credit on GST paid for these items.
HSN Code and GST Rates for Stabilizers
The table below details the HSN code and corresponding GST rate for stabilizers:
| Description | HSN Code | GST% |
|---|---|---|
| Voltage regulators and stabilizers (non-automatic) | 85044040 | 18% |
Eligibility for Input Tax Credit on Stabilizers
Businesses may claim Input Tax Credit (ITC) for GST paid on stabilizers, provided the purchase is for business operations or advancement, and all conditions for claiming ITC are satisfied.
