Changes of GST rate on Power banks of lithium ion batteries
The GST tariff rate on goods under HSN 8507 has been changed as per GST council meet held on 22nd December, 2018. The details of changed GST rate on Power banks of lithium ion batteries is as follows:
Latest GST rate on Power banks of lithium ion batteries
HSN number: 8507
Power banks of lithium ion batteries. Lithium ion batteries are already at 18%. This will bring parity in GST rate of power bank and lithium ion battery.
GST rate before 22nd December, 2018: 28%
Changed rate of GST w.e.f 22.12.2018: 18%
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