GST on Scientific and technical instruments, apparatus, tools etc
The GST tariff rate on goods under HSN 88 or any other chapter has been Revised as per GST council meet held on 18th January, 2018. The details of lowered GST rate on Scientific and technical instruments, apparatus, tools etc is as follows:
Latest GST rate on Scientific and technical instruments, apparatus, tools etc
HSN number: 88 or any other chapter
Scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, raw material and consumables required for launch vehicles and satellites and payloads
GST rate before 18th January, 2018: 18%
Revised rate of GST w.e.f 18.01.2018: 5%
Revised GST Rates with effect from 18th July, 2022
Present rate new rate
Scientific and technical instruments to public funded research institutes 5% Applicable rate
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