Stove Ranges HSN Code & GST Rate - 7321

In the category of appliances and kitchen equipment, certainly stove ranges qualify as an important set of products. A stove range, whether gas or electric, is a key component of modern kitchens. For businesses involved in the manufacturing, sale, or import-export of stove ranges, the knowledge of correct HSN code and GST rate is critical. This article examines the gas stove HSN code and GST rate effective in India with emphasis on the effects of the GST on gas stoves in the country on consumers and businesses with particular focus on the 7321 HSN code GST rate.

A stove range can be described as one of the most basic kitchen devices that can be found in households across the globe. It's the most used cooking device, be it powered by gas or electricity. For businesses in the manufacturing or trading sector, the knowledge of what is the 7321 HSN code GST rate would be great for taxation, pricing, and ease of doing business. This article analyses the 7321 gas stove HSN code and GST rate which deals with the stove range and attempts to describe the GST tax regime in respect of such products.

Understanding HSN Code - 7321

The Harmonized System of Nomenclature (HSN) is a set of three or four-digit codes that help to classify goods internationally. HSN Code 7321 refers to stove ranges made of iron or steel. For traders, manufacturers and exporters, this code is essential in determining the applicable rates of taxation with regards to the correct classification, especially under GST.

What Can Be Included Under The HSN Code 7321?

The HSN Code 7321 includes a category primarily dealing with stove parts, which includes a range of items such as cookers, grates, and cooktops. Some of these products are:

1. Gas stoves: These stove ranges function on LPG or natural gases.

2. Electric stoves: These are electric powered stove ranges.

3. Combination stoves: This refers to stove tops that use two or more forms of heating, such as gas or electricity.

Any other stove parts like iron or steel burners and other grates also fall under this HSN code. Thus classifying properly under 7321 HSN code is essential so that accurate GST treatment is applied.

You can Also Read: GST Rates in India 2024

What Is The GST On Stove Ranges?

Stove ranges and their components are taxed under GST (goods and service tax) in India. There are numerous stove types — including gas, and electric stovetops all of which fall under 7321 HSN code GST rate and are taxable under 18% GST.

HSN Code	Description	Rate (%)	Effective Date	Rate Revision
7321	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
732111	For Gas Fuel Or For Both Gas And Other Fuels	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211110	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211120	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211190	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
732112	For Liquid Fuel	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211210	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211220	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211290	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211310	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211320	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211390	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
732119	Other, Including Appliances For Solid Fuel	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211910	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73211990	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73218100	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Other Appliances: For Gas Fuel	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73218200	Other Appliances: For Liquid	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73218310	For Solid Fuel	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
732189	Other, Including Appliances For Solid Fuel	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73218910	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73218990	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Cooking Appliances And Plate	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%
73219000	Stoves, Ranges, Grates, Cookers (Including Those With Subsidiary Boilers For Central Heating), Barbecues, Braziers, Gas-Rings, Plate Warmers And Similar Non-Electric Domestic Appliances, And Parts Thereof, Of Iron Or Steel - Parts	12/18	15/11/2017 01/07/2017	omitted from 28% 12% 18%

Legislation Surrounding Exports And Imports

HSN Code 7321 uses similar GST treatments in regards to international trade as well. The following refers to how the GST affects both imports and exports:

Exports

1. Free GST Exports – If you are doing stove range exports from India, you are not taxed any GST, which enables the price of stoves to be lower in other overseas countries.

2. Refund of taxes: Companies can apply for a refund with regard to the GST that has been paid on inputs utilized in the manufacturing of exported stove ranges.

Imports

Customs Duty: With respect to imported ranges of stoves, all ranging stoves all bear customs duties and gst at the entry time to India. Further, the harmonized goods and services tax of 18 percent is assessed at customs valuation of the product.

You Can Also Read: List of GST Exempted Goods

Conclusion

In brief, the gas stove HSN code and GST rate 7321; all of them attract a common gst of eighteen percent. Compliance with the HSN and other relevant gst requirements is key for the operations of companies in efforts to minimize then avoid selected costs that are fcircumstantial.

Additionally, as changes occur in the stove ranges industry, it will be important to keep track of changes of GST on gas stoves and other related items in order to retain business profitability and efficiency as well. For players in the kitchen appliances industry, knowing, reading and using 7321 HSN code GST rate will allow them to make the exports and or imports fully in and out of their country.

FAQs

1. What is the GST on HSN 7321?

For stove ranges, with respect to HSN code 7321, the GST rate is 18 percent.

2. What products fall under HSN Code 7321?

HSN Code 7321 classifies products as: gas stoves, electric stoves and multi functional ranges of stoves, all of iron or steel.

3. Am I able to use input tax credit for gas stoves within the gas supply tax?

ITC on the purchase of Gas stoves and its parts are eligible in accordance with HSN Code 7321.

4. Under HSN Code 7321 gas stoves attract what tax?

Gas stoves which are placed in HSN Code 7323 are taxed at 18% GST.

5. Under HSN Code’s how do I class stove ranges?

It is necessary to code stove ranges in HSN Code 7321 and classify gas and electric stoves as further sub categories.

6. As regards to stove parts such as burners what is the standard rate of GST?

Stove burners and any other component of the stove is covered in HSN Code 7321. the standard rate of 18% applies.

7. Does a gas stove and electric stove fall under the same rate of taxation?

Yes the gas and electric stove which falls under HSN Code 7321 are subjected to a tax of 18 percent GST.

8. What are the gas stove prices with GST included?

The credits simplify the tax structure since the stoves were previously selling at a tax that started at 18% meaning they had to be factored into the price set for the business.

9. What is the HSN code for gas cooking stoves?

The gazette reference for gas cooking stoves is 7321 stoves, an HSN code covering stove top kitchen appliances across different mediums utilizing iron or even steel.