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The Goods and Service Tax (GST) is an important part of the Indian taxation system. The introduction of GST subsumed several other indirect taxes that were levied earlier, including VAT, service tax, central tax, and more. GST is applicable to most services and products in the country, including laptops and computers. Read on to know more about everything related to the applicable GST rate on laptops.

GST Rates on Laptops and Computer Accessories

The GST rate applicable to the goods and services in the country are determined by the GST Council. The government takes measures to lower the applicable rate of GST on a given product when the GST revenue collection surpasses the projections. The applicable rates are constantly altered based on the suggestions and approval of the members of the GST Council. The officials monitor and consider the ongoing scenario within the country when approving the applicable rate of interest.

Particulars

Applicable Rate of GST

Laptop

18%

Desktop Computer

18%

Memory Chips (RAM)

18%

Optical Drives

18%

Hard Drive

18%

External Hard Drive

18%

Pen Drive

18%

Desktop Monitor: LED/LCD (<32 inches)

18%

Desktop Monitor: LED/LCD (>32 inches)

28%

 

GST HSN Codes for Laptops and Peripherals

Laptops and desktop computers are categorised under Chapter 84 of the HSN codes. Find the list of HSN codes for laptops and their accessories.

Particulars

HSN Code

Laptops, Desktops, and Personal Computers

8471

Printers, Keyboards, and USB Storage Devices

8471

Computer Monitors (Less than 32 inches)

8528

Monitors (Less than 32 inches)

8528

Printers

8443

Computer Keyboards, Mouse, USB drives, Hard disks, Other Storage Devices

8471

 

Impact of GST on Other IT Accessories

IT accessories play an important role in enhancing the digital experience derived from a laptop or computer. The applicable GST rate on IT accessories such as LAN and data cables is set at 28% each; earlier, the applicable rate was 17.5%. Other accessories such as fax machines, photocopying machines, ink cartridges, and more come with a GST rate of 28% as opposed to the 18% rate levied earlier.

The Goods and Service Tax is now a major part of our daily purchases. Thus, if you are planning to purchase a laptop, you should be well-informed about the implications of GST on the given product. The detailed information and applicable HSN codes will help you make a smarter purchase decision with your electronic device. 

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