GST on elevator for single residential unit.

[Sandeep Garg]

What is the current gst rate for elevator in a single residential unit (private home)? 12% or 18%?

Notification and HSN details please.

AI Summary

Debate on GST Rate for Residential Elevators: Should it be 12% or 18% under HSN 8428? Expert Clarification Needed. A discussion on the applicable GST rate for elevators installed in single residential units raised questions about whether the rate should be 12% or 18%. According to one response, elevators fall under HSN 8428 and attract an 18% GST as per a specific notification. Another response mentioned that some companies, like OTIS and KONE, charge 12% GST for domestic installations by having customers sign a bond, while most others charge 18%. The discussion sought expert clarification on whether a 12% rate could be applied and what documentation would be necessary from customers.