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GST rates of Laptops

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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 eariler 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. 

asked Oct 31, 2018 by Manju (160 points)

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