GST rates of Laptops

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This topic contains 1 reply, has 2 voices, and was last updated by  Pratibha Goyal 2 months, 1 week ago.

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  • #39346

    sanjana
    Participant
    Appointment of Auditors under Companies Act 2013

    GST is replacement of all indirect taxes like VAT, Service Tax, Entertainment Tax, etc. The GST rate has been divided into five slabs ranging from 0% to 28% and taking about the electronic items, the new GST rate ranges from 18% to 28%. Electronic items has been divided into two categories: One comprising products such as desktops and laptops, and other covering items like monitors and printers. Laptops and desktops will attract tax rate of 18% which was earlier 14 to 15%. GST, monitors and projectors will attract GST rate of 28% which was earlier upto 18.5%. GST rate on other IT accessories such as LAN and data cable will be 28%. Other than items like photocopying, fax machines, ink cartridges are to levy 28% GST instead of 18% duty. The government believes that all these items like printers, projectors, printers play an important role in Digital India move and these changes will benefit in longer run.

    #39347

    Pratibha Goyal

    Yes ! GST is one mechanism via which government is trying to fulfill its dream of digital India.

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