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Published on:

January 14, 2025

Viraaj Vashishth

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HSN Code and GST Rate for Sanitary Ware of Iron - 7324

Sanitary ware are fittings made from a variety of materials, including iron. They also include components that are relatively sanitary, such as washbasins, sinks, and bathing tubs. Such goods using the HSN Harmonized System of Nomenclature are assigned code 7324. For manufacturers, suppliers, and buyers, knowing the right HSN classification and GST rates is of paramount importance to avoid falling foul of the law governing taxation.

What is HSN Code 7324?

HSN Code 7324 relates to sanitary ware for use in the household made of iron or steel which include the following items:

1 Wash basins

2. Sinks

3. Bathtubs

4. Bidets

5. Water closets

6. Other sanitary ware

This code is tailored for sanitary ware made of cast iron, stainless steel and any other iron or steel type that fall under this category.

You Can Also Read: GST on Scrap Material with Scrap HSN Code

GST Rates for HSN Code 7324

The category of HSN Code 7324 is subjected to an 18% GST rate, a uniform rate applicable to all items within it. This is the rate across the board for any sanitary wares made using iron or steel which has ensured sanity across the industry and has since been replaced with 28% to 18% effective the 25/01/2018.

Item Description	HSN Code	GST Rate
Sanitary Ware And Parts Thereof, Of Iron Or Steel: Wash basins	73241000	18%
Sanitary Ware And Parts Thereof, Of Iron Or Steel: Sinks	7324100	18%
Sanitary Ware And Parts Thereof, Of Iron Or Steel: Baths	73241000	18%
Sanitary Ware And Parts Thereof, Of Iron Or Steel: Water closets	73249000	18%
Sanitary Ware And Parts Thereof, Of Iron Or Steel: Other sanitary fixtures	73249000	18%

Detailed Breakdown of Sanitary Ware Under HSN Code 7324

1. Wash Basins

A household and industrial equipment that is widely used across is a wash basin. For wash basins made of steel, the Code of HSN and the rate of GST staunchly coincide at 18%, and this is applicable even for the basin HSN code.

2. Sinks

Also known as sink bowls, sinks are an indispensable equipment found in residential kitchens, utility rooms and laundries other than catering. A sink – an integral part of any kitchen is classified under HSN Code 7324 which guarantees taxation policy. Single-bowl sinks, double-bowl sinks, or integrated units including a sink made from stainless steel fall in the same category.

3. Baths

A bathroom containing a bathtub is termed as a ‘bath’ while iron and steel baths are resilient and are mostly installed in high end fittings. The products in this category do not difference much, therefore, the GST is the same – 18%.

4. Water Closets and Bidets

These are also referred to as squat toilets. Water closets, bidets and similar items including deep sinks made of iron or steel are also eligible for this code. These too fall under the same category and enjoy the same benefits as other sanitary ware under 7324.

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You Can Also Read: Tableware Kitchenware Plastics – GST Rates & 3924 HSN Code

Sanitary Ware GST Applicability (7324 HSN Classification Code)

Distributing sanitary ware to the different parts of India becomes simpler thanks to the determined GST framework and its regulations. The HSN 7324 code has its own set of GST conditions, which can be enumerated like so:

1. For CGST and SGST aid, Intra-state transactions are charged 9 percent central and state GST, which equals 18 percent.

2. Inter-state transactions are charged 18 percent IGST.

If one is tasked to calculate the taxable amount of Rs.10,000 for a sink, then the calculation of GST Comes out as follows:

a) CGST (9%): 900

b) SGST (9%): 900

c) Total GST: 900 + 900 = 1800

d) Final Price: 11,800

HSN Code 7324 Products Determining

A product class with the 7324- HSN code entails different classifications:

1. Material: The product incorporates iron, steel or stainless steel in its structure.

2. Category: The Products under consideration are sanitary ware like a wash basin, a bath, a water closet.

3. Purpose Intended: Sanitation or hygiene purpose intended.

Proper classification of a product is possible utilizing the Custom Tariff Act, as it contains a range of illustrations and descriptors for such products.

Conclusion

For those looking to ensure compliance and also want to make optimal operational decisions in the sanitary ware industry, an in-depth understanding of the 7324 hsn code gst rate becomes vital. Such a classification makes taxes less complex, improves transparency and makes it easier for companies to work within the GST.

So whether you are a manufacturer, retailer, or a distributor, being compliant with the sanitary ware of iron hsn code and gst rate ensures that your operations do not run into legal or financial troubles.

In India, compliance with the HSN Code 7324 and tax provisions related to it helps businesses minimize tax outgo and assist in keeping the taxation system more orderly.

FAQs

1. What is the GST rate for HSN Code 7324?

The HSN code 7324 covers products that are subject to a GST of 18 Percent.

2. What is included in the 7324 HSN Code?

Iron or steel sanitary ware is included in the 7324 HSN code, Including: washbasins , sinks , baths , water closets and other sanitary ware.

3. What is the wash basin hsn code and gst rate?

Wash basin hsn code 7324 while gst on it is 18%.

4. Is HSN Code 7324 applicable for sinks?

It is true that iron and steel sinks are included under HSN code 7324 and they do incur 18% GST upon import.

5. Does the 7324 HSN Code interact with water closets?

Iron or steel water closets qualify for inclusion in the classification of 7324 HSN code with 18% GST rate.

6. What is the applicable GST rate on sanitary wares falling under the HSN code 7324 in India?

HSN Code 7324 covers sanitary wares for which the effective GST rate in India is 18.

7. Is there any application of the 7324 HSN code to all the sanitary wares?

Exclusively the 7324 HSN code is meant for iron or steel sanitary wares.

8. How do I compute Approximate GST for rate of tax when dealing with the HSN Code 7324?

For 7324 products , compute Approximate GST at 18% of the net selling price.

9. What is the wash basin HSN code in relation to exports and the GST rate?

In relation to exports, the wash basin HSN code is 7324 for export and the IGST rate is 18%.

10. Does the HSN Code 7324 cover sanitary products made from stainless steel?

Yes, sinks and wash basins that fall under stainless steel sanitary products fall under hsn code 7324.

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