Hsn code
This query is : Resolved
22 July 2017
Dear Sir,
We are offset printer, we provide printing works for our clients they provide us paper and we do printing for them.
Earlier in vat we used to charge vat 6%.now in Gst what will be the HSn code and rate of tax.
We are offset printer, we provide printing works for our clients they provide us paper and we do printing for them.
Earlier in vat we used to charge vat 6%.now in Gst what will be the HSn code and rate of tax.
23 July 2017
GST HSN Code list with rate https://www.caclubindia.com/share_files/details.asp?mod_id=73724
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28 July 2024
As an offset printer providing printing services for clients who supply the paper, the GST treatment of your services is as follows:
### **HSN Code and GST Rate for Printing Services**
1. **HSN Code for Printing Services:**
- **HSN Code: 9989**
- This code is used for "Printing services" which includes various types of printing services, including offset printing.
2. **GST Rate:**
- **Printing Services:** Under GST, the applicable rate for printing services is **12%**. This rate is for the general category of printing services.
### **Details:**
- **Printing Services (HSN Code 9989):** This includes the printing of materials as per client specifications, whether for books, newspapers, magazines, or other printed matter.
- **Rate of Tax:** **12%** GST (comprising 6% CGST and 6% SGST for intra-state supplies, or 12% IGST for inter-state supplies).
### **Steps to Ensure Compliance:**
1. **HSN Code Confirmation:**
- Verify the specific HSN code from the latest GST HSN code directory or your GST consultant to ensure there have been no updates or changes.
2. **GST Registration and Compliance:**
- Make sure your business is registered under GST and complies with the tax regulations.
- Issue GST-compliant invoices with the correct HSN code and applicable GST rate.
3. **Input Tax Credit (ITC):**
- Since your clients are providing the paper and you are charging GST on your printing services, you can claim Input Tax Credit (ITC) on any GST paid on inputs (if applicable) related to your services.
4. **Consultation:**
- It is always advisable to consult with a GST consultant or tax professional to ensure accurate tax rates, compliance with GST laws, and proper filing.
### **Summary:**
- **HSN Code:** 9989
- **GST Rate:** 12% for printing services
By following these guidelines, you can ensure that you are charging the correct GST rate for your printing services and maintaining compliance with GST regulations.
### **HSN Code and GST Rate for Printing Services**
1. **HSN Code for Printing Services:**
- **HSN Code: 9989**
- This code is used for "Printing services" which includes various types of printing services, including offset printing.
2. **GST Rate:**
- **Printing Services:** Under GST, the applicable rate for printing services is **12%**. This rate is for the general category of printing services.
### **Details:**
- **Printing Services (HSN Code 9989):** This includes the printing of materials as per client specifications, whether for books, newspapers, magazines, or other printed matter.
- **Rate of Tax:** **12%** GST (comprising 6% CGST and 6% SGST for intra-state supplies, or 12% IGST for inter-state supplies).
### **Steps to Ensure Compliance:**
1. **HSN Code Confirmation:**
- Verify the specific HSN code from the latest GST HSN code directory or your GST consultant to ensure there have been no updates or changes.
2. **GST Registration and Compliance:**
- Make sure your business is registered under GST and complies with the tax regulations.
- Issue GST-compliant invoices with the correct HSN code and applicable GST rate.
3. **Input Tax Credit (ITC):**
- Since your clients are providing the paper and you are charging GST on your printing services, you can claim Input Tax Credit (ITC) on any GST paid on inputs (if applicable) related to your services.
4. **Consultation:**
- It is always advisable to consult with a GST consultant or tax professional to ensure accurate tax rates, compliance with GST laws, and proper filing.
### **Summary:**
- **HSN Code:** 9989
- **GST Rate:** 12% for printing services
By following these guidelines, you can ensure that you are charging the correct GST rate for your printing services and maintaining compliance with GST regulations.
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