Common questions

What is the HS code for a laptop computer?

What is the HS code for a laptop computer?

Heading 8471
Heading 8471 includes ‘Automatic data-processing machines, and units thereof’. It covers computers commonly found at home or in offices which include standard operating systems, software and storage, such as: laptops.

What is the HS code for computer accessories?

HS Code used for Computer accessories – Export

Hs Code Description No of Shipments
84733099 Other 771
84733020 Motherboards 445
84731000 Parts and accessories of the machines of heading 8469 99
8471 Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers, Machines For Transcribing Data On To

What is the custom duty on laptop in Pakistan?

Below table provide the Duty and Sales tax A tax based on the… for Pakistan :

Duty Rates Average Duty Rate Sales Tax(GST)
0% to 100% (Some electronic goods are duty free) 20.67% ST=17% VAT = ST * (CIF + Duty+ other taxes)

What is H&S in laptop?

HSN Code 8471 Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. Products Include: Wifi Dongles, Smart Card Reader, Tv Box, Android Tv Box. HS Code. Description. GST% 84713010.

How do you classify a laptop?

Laptop Classification

  1. Full-size Laptop: A laptop large enough to accommodate a “full-size” keyboard (a keyboard with the minimum QWERTY key layout, which is at least 13.5 keys across that are on ¾ (0.750) inch centers, plus some room on both ends for the case).
  2. Netbook: A smaller, lighter, more portable laptop.

What is custom duty on laptop?

Customs Duty on Laptops = 0%, as all taxes except Basic Customs Duty, is covered in IGST amounting to 18% for the HSN Code 8471which is used for Laptops and PCs. IGST of 18% amounts to ₹13,407.

Is a laptop an expense or asset?

Anything large that’s integral to the functioning of your business, such as a laptop or camera that can have depreciating value, should be entered as an asset. Small things, such as accessories, should be entered as expenses. However, both are still assets, because they retain value after a year.

Is laptop a mini computer?

Its type includes tablet and smartphone microcomputers, desktop micro computers, workstation and server microcomputers, etc. Example : Laptop, desktop, IBM-PC, etc. 2. Mini Computer, as name suggests, is a type of computer that offers most features and capabilities that large computer generally offers.

What is the HS code for tariff?

Call 833.262.2315. An HS or HTS code stands for Harmonized System or Harmonized Tariff Schedule. Developed by the World Customs Organization (WCO), the codes are used to classify and define internationally traded goods.

What is a Harmonized Tariff number?

Goods that are exported or imported internationally usually travel with an identification code called a harmonized tariff number. This number is “harmonized” in that it is recognized by countries throughout the world that came to agreement on how to classify types of products in a shipment.

What is a tariff item?

The tariff service that applies to products coming into a country is called import tariffs, which covers any product or item that is for sale. This not only includes products such as electronics and food, but other items such as power and natural resources.

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