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Plywood attracts 18% GST under HSN code 4412. Calculate the exact tax below.
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Plywood is classified under HSN code 4412 for GST purposes. The Harmonized System of Nomenclature (HSN) code is used to classify goods systematically. This code must be mentioned on GST invoices when billing for plywood.
Plywood was initially at 28% GST. The rate was reduced to 18% in November 2017. This covers plywood, MDF, particle board, and other wood panels.
Yes, input tax credit (ITC) is available on plywood for registered businesses. If you purchase plywood for business purposes, the GST paid (18%) can be claimed as ITC against your output tax liability, subject to conditions under Section 16 of the CGST Act.
Here are example calculations showing GST on plywood at 18% for common price points:
| Base Price | GST (18%) | CGST (9%) | SGST (9%) | Total |
|---|---|---|---|---|
| ₹1,000 | ₹180 | ₹90 | ₹90 | ₹1,180 |
| ₹5,000 | ₹900 | ₹450 | ₹450 | ₹5,900 |
| ₹10,000 | ₹1,800 | ₹900 | ₹900 | ₹11,800 |
| ₹25,000 | ₹4,500 | ₹2,250 | ₹2,250 | ₹29,500 |
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Plywood attracts 18% GST in India under HSN code 4412. For intra-state sales, this is split into 9% CGST and 9% SGST. For inter-state sales, 18% IGST applies.
The HSN code for Plywood is 4412. HSN (Harmonized System of Nomenclature) codes are used to classify goods under GST. This code should be mentioned on all GST invoices.
To add 18% GST on plywood: GST Amount = Base Price × 18/100. Total = Base Price + GST Amount. For example, on ₹5,000: GST = ₹900, Total = ₹5,900.
Yes, registered businesses can claim input tax credit on plywood purchased for business purposes. The 18% GST paid can be offset against your output GST liability, subject to Section 16 conditions of the CGST Act.
Plywood was initially at 28% GST. The rate was reduced to 18% in November 2017. This covers plywood, MDF, particle board, and other wood panels.