We are in the business of import and distribution of Car Radio & Car Speakers.
The HSN code is
Car Speaker: 85182900.
This falls under GST rate of 18%.
However HSN Code 8708 falls under 28%.
HSN 8708 says " All parts & accessories of Motor Vehicles"
We therefore need to know if we should invoice under 18% or 28% and similarly at time of import pay IGST @ 18% or 28%.
Please note end use of our product is for a car even though it can also be fitted in a house ceiling. Our intention is to sell to the car market only.
We hope you will reply quickly so that we can start our business.