HSN Code for Packaging and forwarding

Rate / HSN codes 60869 views 9 replies
kindly let me know what is the HSN Code for Packaging and forwarding charges.
or Only for forwarding charges.
thanks.
Aman
Replies (9)

The same charge will be charged on packing and forwarding the goods you are selling

ITS NOT SEPREATLY CHARGE

8431.31.00

HSN Code for Packaging and forwarding charges 8431.31.00

AG

Packaging & Forwarding are Services so instead of HSN an SAC would apply.

The SAC List for GST is different from Service Tax regime.

As per GST list you may fit as per need:

  1. Packaging services of goods for others  (998540)
  2. Other packaging services n.e.c (998549)
  3. Clearing and forwarding services (996713)

 

For selling material we Put HSN. & We add Packing & Forwarding to that.

Now if P & F comes under Service as said above can we put HSN & SAC in same invoice. & what if Tax slabs are different.?

Originally posted by : Vinay
For selling material we Put HSN. & We add Packing & Forwarding to that.

Now if P & F comes under Service as said above can we put HSN & SAC in same invoice. & what if Tax slabs are different.?

GST rate on P & F will be the same which is charged on the actual good.

In invoices for supply of goods, the tax rate on freight would be dependent on GST levied on the good. If GST rate on good is 5%, it shall also be 5% & if GST rate on good is 18%, it shall also be charged at 18%.

Dear sir,

 

Please send HSN code  for paking and forwarding to  HVAC Products GST Rate 18% 

99854-Packaging services: 998540-Packaging services of goods for others: 998541-Parcel packing and gift wrapping: 998542-Coin and currency packing services:

Packaging Services of Goods - involves services related to the packaging of goods on behalf of clients. This service may include activities such as wrapping, labeling, and preparing goods for shipment. It is a support service that helps businesses ensure proper and efficient packaging of their products before distribution or sale.

HSN Code: 998540 / 998541 / 

GST Rate : 5% & 18%

TDS : A contract for packing services, including the supply of packing material, TDS is applicable under section 194C of the Income Tax Act and the rate is 2% or 1% 


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