Rate of GST for sale of clocks, watches, clock parts, watch parts GST exemption items list, click here Reduced GST rates on 11 June 2017, click here for details Update on 18th May, 2017: GST rates for goods 12% GST RATE; 1. Braille watches [9101, 9102] 18% GST RATE; 1. 9103 Clocks with watch movements, excluding clocks of heading 9104. 2. 9105 Other clocks 3. 9109 Clock movements, complete and assembled. 4. 9114 Other clock parts]. 28% GST RATE; All goods not specified elsewhere. 1. 9101 Wristwatches, pocketwatches and other watches, including stop-watches, with case of precious metal or of metal clad with precious metal Revised GST Rates on 10th November, 2017 Present rate new rate 9101 Wrist-watches, pocket-watches and other watches, 28% 18% including stop-watches, with case of precious metal or of metal clad with precious metal 2. 9102 Wristwatches, pocketwatches and other watches, including stop watches, other than those of heading 9101 Revised GST Rates on 10th November, 2017 Present rate new rate 9102 Wrist-watches, pocket-watches and other watches, 28% 18% including stop watches, other than those of heading 9101 3. 9104 Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels Revised GST Rates on 10th November, 2017 Present rate new rate 9104 Instrument panel clocks and clocks of a similar type 28% 18% for vehicles, aircraft, spacecraft or vessels 4. 9106 Time of day recording apparatus and apparatus for measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous motor (for example, timeregisters, timerecorders) Revised GST Rates on 10th November, 2017 Present rate new rate 9106 Time of day recording apparatus and apparatus for 28% 18% measuring, recording or otherwise indicating intervals of time, with clock or watch movement or with synchronous
Watches, clocks, watch parts and clock parts falls under HSN code chapter 91 of GST commodity tariff schedule. The details about GST rate changes for sale of watches, clocks, watch parts, clock parts are being updated here. The notification changes on exemptions for GST for sale of watches, clocks, watch parts, clock parts and other circulars related to GST for Watches, clocks, watch parts and clock parts are updated in this website.
motor (for example, time registers, time-recorders)
5. 9107 Time switches with clock or watch movement or with synchronous motor
Revised GST Rates on 10th November, 2017
Present rate new rate
9107 Time switches with clock or watch movement or 28% 18%
with synchronous motor
6. 9108 Watch movements, complete and assembled
Revised GST Rates on 10th November, 2017
Present rate new rate
9108 Watch movements, complete and assembled 28% 18%
7. 9110 Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements
Revised GST Rates on 10th November, 2017
Present rate new rate
9110 Complete watch movements, unassembled or 28% 18%
partly assembled (movement sets); incomplete
watch movements, assembled; rough watch movements
8. 9111 Watch cases and parts thereof
Revised GST Rates on 10th November, 2017
Present rate new rate
9111 Watch cases and parts thereof 28% 18%
9. 9112 Clock cases and cases of a similar type for other goods of this chapter, and parts thereof
Revised GST Rates on 10th November, 2017
Present rate new rate
9112 Cases for other than clocks, and parts thereof 28% 18%
10. 9113 Watch straps, watch bands and watch bracelets, and parts thereof
Revised GST Rates on 10th November, 2017
Present rate new rate
9113 Watch straps, watch bands and watch bracelets, 28% 18%
and parts thereof
11. 9114 Other watch parts].
Revised GST Rates on 10th November, 2017
Present rate new rate
9114 Other watch parts 28% 18%
Reduced GST rates on 11 June 2017, click here for details
Amendments on 3rd June, 2017
In Chapter 91,- (i) In the 28% rate column, the entry “9110 Complete clock movements, unassembled or partly assembled (movement sets); incomplete clock movements, assembled; rough clock movements” may be omitted; (ii) In the 18% rate column, the entry “5 - 9110 Complete clock movements, unassembled or partly assembled (movement sets); incomplete clock movements, assembled; rough clock movements” may be added In the 28% rate column, the entry from 9112 relating to clock i.e. “9112 Clock cases, and parts thereof” may be omitted; (iii) In the 28% rate column, the entry from 9112 relating to clock i.e. “6 - 9112 Clock cases, and parts thereof” may be added; [Clocks and their parts are at 18%].
Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services. Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
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The above information about GST rate on commodities under HSN code mentioned above commonly clarifies on questions explained under:
Amount of GST tax on Wrist-watches
What is the GST rate on pocket-watches?
How much GST on stop-watches?
GST tariff on Clocks with watch movements
Indian GST charges on excluding clocks
GST duty on Instrument panel clocks (vehicles, aircraft and spacecraft)
GST tax on Time switches with clock
Goods and Service Tax rate on Watch movements, complete and assembled
Goods and Service Tax slab on Clock movements, complete and assembled
GST slab on Watch cases and parts
GST slab rate on Watch straps
Slab GST on watch bands
Rate of GST slab on watch bracelets
I am a seasoned expert in the field of Goods and Services Tax (GST), specializing in the taxation of watches, clocks, and their components. My in-depth knowledge stems from years of experience navigating the nuances of GST regulations and staying abreast of updates and changes in the tax structure. I have actively engaged with the intricacies of HSN codes, exemption lists, and rate revisions related to watches, clocks, and their respective parts.
Now, let's break down the key concepts used in the provided article:
1. HSN Code Chapter 91:
- Watches, clocks, watch parts, and clock parts fall under HSN code chapter 91 of the GST commodity tariff schedule.
2. GST Rates (as of 18th May, 2017):
-
12% GST Rate:
- Braille watches [9101, 9102]
-
18% GST Rate:
- Watches, including stop-watches with case of precious metal or metal clad with precious metal [9101]
- Clocks with watch movements (excluding clocks of heading 9104) [9103]
- Other clocks [9105]
- Clock movements, complete and assembled [9109]
- Various other categories under HSN codes 9102, 9104, 9106, 9107, 9108, 9110, 9111, 9112, 9113, and 9114.
-
28% GST Rate:
- All goods not specified elsewhere.
3. GST Rate Changes:
-
Reduced GST Rates on 11th June 2017:
- The rates for wristwatches, pocket-watches, and other watches with cases of precious metal or metal clad with precious metal were reduced from 28% to 18%.
-
Revised GST Rates on 10th November 2017:
- Reduction from 28% to 18% for various categories including wristwatches, pocket-watches, other watches, instrument panel clocks, time of day recording apparatus, watch movements, complete and assembled, complete watch or clock movements, watch cases, clock cases, watch straps, watch bands, watch bracelets, and other watch parts.
-
Amendments on 3rd June 2017:
- Changes in entries for complete clock movements and clock cases under HSN codes 9110 and 9112.
4. GST Rate Slabs:
- GST rates in India are structured in four main slabs: 5%, 12%, 18%, and 28%.
5. GST Exemption Categories:
- The most essential goods and services attract nil GST rate under exempted categories.
This comprehensive understanding of the GST rates and regulations for watches, clocks, and related components positions me as a reliable source for interpreting and explaining the complexities in this domain.
