Books HSN Code and GST Rate in India: Importance and Examples

Learn about the books HSN code, GST rates for books, brochures, and newspapers, and its importance. Explore categories, examples, and compliance for seamless GST filing.
APPLY
Business Loan
APPLY
4 min
18 December 2024

What is a book's HSN code?

The HSN (Harmonised System of Nomenclature) code standardises the classification of goods globally, including books. It ensures uniformity in taxation. For books, HSN codes simplify GST compliance, making it easier for businesses to file returns and manage inventory. Below are the essential points about the HSN code for books:

  • HSN codes classify books under Chapter 49
  • Printed books are generally categorised under HSN code 4901
  • E-books fall under a different classification, typically in the services category
  • Using the correct HSN code avoids penalties and GST filing errors

HSN code and GST rate for books, brochures, newspapers, and calendars

The table below outlines the HSN codes and applicable GST rates for printed items, ensuring compliance with tax laws:

CategoryHSN codeGST rates
Books49010%
Brochures491112%
Newspapers49020%
Calendars491012%


Correctly identifying HSN codes and GST rates simplifies business operations and compliance with GST regulations in India.

Importance of HSN codes for books

Understanding the importance of HSN codes for books is crucial for businesses dealing with printed or digital formats.

  • HSN codes ensure GST compliance and avoid misclassification
  • They streamline inventory management and tax calculations
  • Proper usage simplifies filing GST returns, reducing administrative effort
  • Businesses can avoid penalties by ensuring accurate HSN categorisation

Categories of books HSN codes

Books are classified under specific categories using HSN codes, ensuring proper tax classification.

  • Printed books (HSN 4901) include fiction, educational, and reference materials
  • Periodicals, such as journals and magazines, fall under HSN code 4902
  • Digital or e-books are classified under services for GST purposes
  • Specialised publications, like brochures and leaflets, are classified separately (4911)

Examples of books HSN codes

Here are practical examples of books and their respective HSN codes to aid businesses:

  • Educational books: HSN 4901 (GST 0%)
  • Printed storybooks: HSN 4901 (GST 0%)
  • Newspapers: HSN 4902 (GST 0%)
  • Magazines and journals: HSN 4902 (GST 0%)

Conclusion

Accurate use of HSN codes simplifies GST compliance, saving time and reducing costs. Businesses dealing in books and in need of financial assistance should consider exploring business loan options to streamline operations effectively.

Frequently asked questions

What is the 8-digit HSN code for books?
The 8-digit HSN code for books provides detailed classification for specific types of books under the GST system. For general printed books, the 8-digit HSN code is 49011010, which includes various genres and educational books. This classification ensures accurate GST filing and compliance, simplifying tax processes for businesses. Specialised books may have distinct codes based on their nature, like atlases or colouring books, all under Chapter 49. Correct use of these codes avoids penalties and ensures smooth operations.

What is the HSN code 49011020?
HSN code 49011020 specifically refers to dictionaries and encyclopaedias under Chapter 49 of the GST classification. These books are exempt from GST, making them highly accessible for educational purposes. The code allows businesses to correctly categorise such products during GST filing, ensuring compliance with taxation rules. Proper classification helps streamline inventory and tax management while avoiding misinterpretations or penalties. Businesses dealing with educational resources should be meticulous in using this code for tax filings.

What is HSN code 49111090?
HSN code 49111090 applies to advertising materials, such as trade catalogues, price lists, and commercial brochures. These are categorised under Chapter 49 and attract a 12% GST rate. This classification helps businesses maintain transparency in taxation and ensures accurate GST filing for promotional printed materials. Correctly applying this code is essential for compliance and avoiding legal complications. Organisations involved in marketing and promotional activities should use this HSN code for streamlined tax reporting.

What is the GST rate for books?
Printed books classified under HSN code 4901 are exempt from GST. This applies to educational, fictional, and non-fictional books, making them affordable for the public. However, certain related items like brochures, leaflets, or calendars attract a GST rate of 12%. Businesses dealing in books must accurately apply HSN codes to avoid errors. The exemption encourages the dissemination of knowledge while ensuring compliance with India's GST regulations for the publishing industry.

Show More Show Less

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.

  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements, and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Related videos