Broom Hsn Code And Gst Rate 0

3 min read Sep 21, 2024
Broom Hsn Code And Gst Rate 0

Broom HSN Code and GST Rate 0

Brooms are essential cleaning tools found in every household and commercial establishment. In India, brooms are classified under the HSN code 9603.00.00. This code covers various types of brooms, including:

  • Hand brooms: Made of natural fibers like coir, bamboo, or plastic.
  • Floor brooms: Designed for sweeping floors and often have a longer handle.
  • Dustpans: Used in conjunction with brooms to collect debris.
  • Mechanical brooms: Powered brooms for large-scale cleaning.

GST Rate on Brooms

The GST rate for brooms in India is 0%. This means that there is no Goods and Services Tax applicable on the sale of brooms.

However, it's important to note that:

  • The GST rate may vary depending on the specific type of broom. For example, brooms with electric motors may be subject to a different GST rate.
  • The GST rate can change based on government regulations. Therefore, it's advisable to check with the latest official GST notification for the most up-to-date information.

Benefits of GST Rate 0 on Brooms

A 0% GST rate on brooms has several benefits:

  • Lower prices for consumers: Consumers can purchase brooms at a lower price due to the absence of GST.
  • Increased affordability: This makes brooms more accessible to people from all income levels, promoting cleanliness and hygiene.
  • Boost to the broom industry: The low GST rate can encourage the growth of the broom manufacturing and trading sector, leading to increased employment opportunities.

In conclusion, the HSN code 9603.00.00 and the 0% GST rate on brooms contribute to making this essential cleaning tool affordable and accessible for all.