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what is the new GST Rates on watches
New GST Rates on watches – is the question that runs in your mind , If you are a retailer, manufacturer, or buyer of watches and clocks in India, understanding the GST (Goods and Services Tax) rates is essential. Watches and clocks fall under Chapter 91 of the HSN Code system, and almost every product in this category is taxed at a standard rate of 18% GST.
In this article, we break down the new GST rates, HSN codes, and key details you must know before billing or purchasing watches and clocks.
New GST Rates on Watches and Clocks
Standard GST Rates – 18%
According to Chapter 91 of the HSN Code, the GST rate on watches, clocks, and their parts is 18%. This applies to:
- Wristwatches (with or without precious metals)
- Pocket watches
- Wall clocks and table clocks
- Dashboard clocks
- Smartwatches (classified under the same category)
- Watch parts and movements
In short: Whether you are selling a budget-friendly wristwatch or a premium imported timepiece, the GST slab remains the same at 18%.
HSN Codes and Applicable GST
| Product Type | HSN Code | GST Rate |
|---|---|---|
| Luxury watches (precious metal cases) | 9101 | 18% |
| Standard wrist & pocket watches | 9102 | 18% |
| Clocks (excluding dashboard types) | 9103 | 18% |
| Dashboard clocks | 9104 | 18% |
| Other types of clocks | 9105 | 18% |
| Time recorders, time switches | 9106–9107 | 18% |
| Watch & clock movements | 9108–9110 | 18% |
| Cases, straps, bands, bracelets, parts | 9111–9114 | 18% |
GST on Luxury and Imported Watches
While the GST rate for watches is fixed at 18%, imported or luxury watches may attract additional customs duties or cess. This is separate from GST and applies mainly to:
- High-end watches made of gold, diamonds, or gemstones
- Imported Swiss watches or luxury brands
Thus, the final cost of premium watches may be higher due to extra duties, even though GST remains the same.
GST on Watch Straps and Parts
Not just watches, but also watch straps, bracelets, cases, and spare parts fall under HSN 9111–9114. These too are taxed at 18% GST.
So, whether you are selling a leather strap, a stainless steel bracelet, or a replacement dial, you need to charge 18% GST according to new GST Rates
GST on Watches and Clocks
| Product Type | HSN Code | GST Rate |
|---|---|---|
| Luxury watches (precious metal cases) | 9101 | 18% |
| Standard wrist & pocket watches | 9102 | 18% |
| Clocks (excluding dashboard types) | 9103 | 18% |
| Dashboard clocks | 9104 | 18% |
| Other types of clocks | 9105 | 18% |
| Time recorders & time switches | 9106–9107 | 18% |
| Watch & clock movements | 9108–9110 | 18% |
| Cases, straps, bands, bracelets, parts | 9111–9114 | 18% |
Frequently Asked Questions :
What is the New GST rates on wristwatches in India?
The GST rate on wristwatches is 18% under HSN 9101 & 9102.
Are wall clocks taxed at the same rate?
Yes, wall clocks (HSN 9105) also attract 18% GST.
Do luxury watches have a higher GST rate?
No, the GST remains 18%. However, luxury/imported watches may attract additional customs or cess.
Are straps, cases, and spare parts included under GST?
Yes, straps, cases, bracelets, and spare parts (HSN 9111–9114) are also taxed at 18%.
Can businesses claim input tax credit on watches?
Yes, if purchased for resale or business purposes, input tax credit can be claimed under GST rules.
For anyone dealing in watches—whether as a seller, importer, or buyer—knowing the GST rules makes transactions smoother and tax filings accurate.
