GST Rate for Machinery, Lab Chemicals, Drugs & Medicines - Chapter 98

Description GST Rate (%) Effective From
Laboratory chemicals 18 28/06/2017
Passenger baggage NIL 28/06/2017
All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other projects as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished materials of consumable stores) not exceeding 10% of the value of the goods specified above, provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above. 18 28/06/2017
Drugs or medicines including their salts and esters and diagnostic test kits specified at S.No.180 above and Formulations specified at S.No.181 above, intended for personal use. 5 28/06/2017
Other Drugs and medicines intended for personal use 12 28/06/2017
All dutiable articles intended for personal use 28 28/06/2017

HSN Code for Machinery, Lab Chemicals, Drugs & Medicines - Chapter 98

HSN Code Description Related Export / Import HSN Code
9802 Laboratory chemicals 98020000
9803 Passenger baggage 98030000
9801 All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified: (1) industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other projects as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished materials of consumable stores) not exceeding 10% of the value of the goods specified above, provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above. 98010011, 98010012, 98010013, 98010014, 98010015, 98010019, 98010020, 98010030
9804 Drugs or medicines including their salts and esters and diagnostic test kits specified at S.No.180 above and Formulations specified at S.No.181 above, intended for personal use. 98041000, 98049000
9804 Other Drugs and medicines intended for personal use 98041000, 98049000
9804 All dutiable articles intended for personal use  

Disclaimer: There may be some variations in given GST rates as per the Government's latest updates followed by GST Council meeting. If you are looking for GST rate before "Effective from", please check on government website.

Tags

GST Rate for Passenger baggage  GST Rate for prime movers  GST Rate for transmission equipment  GST Rate for auxiliary equipment GST Rate for Drugs GST Rate for medicines GST Rate for dutiable articles HSN Code for Passenger baggage  HSN Code for prime movers HSN Code for transmission equipment HSN Code for auxiliary equipment HSN Code for Drugs HSN Code for medicines  HSN Code for dutiable articles 

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Due Dates

  • Monthly GSTR 8 (Summary of Tax Collected at Source (TCS) and deposited by e-commerce operators) for Mar 2021

    Apr 10th ,2021
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    Apr 10th ,2021
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    Apr 11th ,2021
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    Apr 13th ,2021
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    Apr 15th ,2021
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    Apr 20th ,2021