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Refrigerator attracts 18% GST under HSN code 8418. Calculate the exact tax below.
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Refrigerator is classified under HSN code 8418 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 refrigerator.
Refrigerators were initially at 28% GST. The rate was reduced to 18% in the 37th GST Council meeting (September 2019) to boost demand and make them more affordable.
Yes, input tax credit (ITC) is available on refrigerator for registered businesses. If you purchase refrigerator 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 refrigerator at 18% for common price points:
| Base Price | GST (18%) | CGST (9%) | SGST (9%) | Total |
|---|---|---|---|---|
| ₹15,000 | ₹2,700 | ₹1,350 | ₹1,350 | ₹17,700 |
| ₹25,000 | ₹4,500 | ₹2,250 | ₹2,250 | ₹29,500 |
| ₹40,000 | ₹7,200 | ₹3,600 | ₹3,600 | ₹47,200 |
| ₹60,000 | ₹10,800 | ₹5,400 | ₹5,400 | ₹70,800 |
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Refrigerator attracts 18% GST in India under HSN code 8418. For intra-state sales, this is split into 9% CGST and 9% SGST. For inter-state sales, 18% IGST applies.
The HSN code for Refrigerator is 8418. 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 refrigerator: GST Amount = Base Price × 18/100. Total = Base Price + GST Amount. For example, on ₹25,000: GST = ₹4,500, Total = ₹29,500.
Yes, registered businesses can claim input tax credit on refrigerator 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.
Refrigerators were initially at 28% GST. The rate was reduced to 18% in the 37th GST Council meeting (September 2019) to boost demand and make them more affordable.