TaxTMI 
TaxTMI 
What is the current gst rate for elevator in a single residential unit (private home)? 12% or 18%?
Notification and HSN details please.
GST on elevator for single residential unit.
30 Jul 2019 
2 Replies 
15633 Views Asked by
GST rate on residential elevators: official classification indicates a higher rate, yet some suppliers apply a lower rate with customer bond.
Lifts are classified under HSN 8428 and, according to the cited notification, attract the higher GST rate. Nonetheless, some suppliers apply a lower GST rate for residential installations in exchange for a bond or customer undertaking, while others charge the higher rate. The core question is whether suppliers can lawfully charge the lower rate for domestic elevators and what customer documentation or procedural steps would be required to substantiate that treatment. (AI Summary)
Lifts are classified under HSN 8428 and, according to the cited notification, attract the higher GST rate. Nonetheless, some suppliers apply a lower GST rate for residential installations in exchange for a bond or customer undertaking, while others charge the higher rate. The core question is whether suppliers can lawfully charge the lower rate for domestic elevators and what customer documentation or procedural steps would be required to substantiate that treatment. (AI Summary)