Under the GST regime, HSN Code 84589942 classifies Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes within Chapter 84 – Nuclear Reactors, Boilers, Ma. This code is essential for businesses to correctly calculate and remit taxes on Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using u.
HSN Codes under Chapter 84 – Nuclear Reactors, Boilers, Ma
Below are related HSN codes from Chapter 84 – Nuclear Reactors, Boilers, Ma for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Nuclear Reactors, Boilers, Ma... | 84011000 | Nuclear Reactors; Fuel Elements (Cartridges), Non-... | 0.09 | 0.09 | 0.18 |
| Nuclear Reactors, Boilers, Ma... | 84012000 | Nuclear Reactors; Fuel Elements (Cartridges), Non-... | 0.09 | 0.09 | 0.18 |
| Nuclear Reactors, Boilers, Ma... | 84013000 | Nuclear Reactors; Fuel Elements (Cartridges), Non-... | 0.06 | 0.06 | 0.12 |
| Nuclear Reactors, Boilers, Ma... | 84014000 | Nuclear Reactors; Fuel Elements (Cartridges), Non-... | 0.09 | 0.09 | 0.18 |
| Nuclear Reactors, Boilers, Ma... | 84021100 | Steam Or Other Vapour Generating Boilers (Other Th... | 0.09 | 0.09 | 0.18 |
| Nuclear Reactors, Boilers, Ma... | 84021200 | Steam Or Other Vapour Generating Boilers (Other Th... | 0.09 | 0.09 | 0.18 |
| Nuclear Reactors, Boilers, Ma... | 84021910 | Steam Or Other Vapour Generating Boilers (Other Th... | 9.00% | 9.00% | 18.00% |
| Nuclear Reactors, Boilers, Ma... | 84021920 | Steam Or Other Vapour Generating Boilers (Other Th... | 9.00% | 9.00% | 18.00% |
| Nuclear Reactors, Boilers, Ma... | 84021990 | Steam Or Other Vapour Generating Boilers (Other Th... | 0.09 | 0.09 | 0.18 |
| Nuclear Reactors, Boilers, Ma... | 84022000 | Steam Or Other Vapour Generating Boilers (Other Th... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 84589942
Tax liability for Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes under HSN 84589942 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 84 – Nuclear Reactors, Boilers, Ma products must use u.
Who Should Use HSN Code 84589942?
Every entity transacting in Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes must quote HSN Code 84589942 on invoices. This includes traders, distributors, and e-commerce sellers operating under Nuclear Reactors, Boilers, Ma. Chapter 84 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes? GST registration is your first compliance requirement for HSN 84589942 goods. International traders in Nuclear Reactors, Boilers, Ma products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate application of HSN Code 84589942 for Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 84 – Nuclear Reactors, Boilers, Ma should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 84589942?
Official GST rates for Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes under HSN 84589942 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 84589942?
Yes, online marketplaces and e-commerce operators selling Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes must mention HSN Code 84589942 on invoices. This Nuclear Reactors, Boilers, Ma classification applies to all sales channels under Chapter 84.
What documents are needed for company registration to trade in Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes under HSN 84589942.
How often do GST rates change for Nuclear Reactors, Boilers, Ma products?
GST rates for Lathes (Including Turning Centres) For Removing Metal - Other Lathes: Other: Crankshaft, Relieving, Wheel And Axle Lathes: Relieving Lathes and other Nuclear Reactors, Boilers, Ma products under Chapter 84 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
