85021360 is the designated HSN classification for Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva, categorized under Chapter 85 – Electrical Machinery And Equi in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in u for billing purposes.

HSN Codes under Chapter 85 – Electrical Machinery And Equi

Below are related HSN codes from Chapter 85 – Electrical Machinery And Equi for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Electrical Machinery And Equi... 85011011 Electric Motors And Generators (Excluding Generati... N.a. N.a. N.a.
Electrical Machinery And Equi... 85011012 Electric Motors And Generators (Excluding Generati... N.a. N.a. N.a.
Electrical Machinery And Equi... 85011013 Electric Motors And Generators (Excluding Generati... N.a. N.a. N.a.
Electrical Machinery And Equi... 85011019 Electric Motors And Generators (Excluding Generati... N.a. N.a. N.a.
Electrical Machinery And Equi... 85011020 Electric Motors And Generators (Excluding Generati... N.a. N.a. N.a.
Electrical Machinery And Equi... 85012000 Electric Motors And Generators (Excluding Generati... 0.09 0.09 0.18
Electrical Machinery And Equi... 85013111 Electric Motors And Generators (Excluding Generati... 9.00% 9.00% 18.00%
Electrical Machinery And Equi... 85013112 Electric Motors And Generators (Excluding Generati... 9.00% 9.00% 18.00%
Electrical Machinery And Equi... 85013113 Electric Motors And Generators (Excluding Generati... 9.00% 9.00% 18.00%
Electrical Machinery And Equi... 85013119 Electric Motors And Generators (Excluding Generati... 9.00% 9.00% 18.00%

GST Rates for HSN 85021360

For Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva classified under HSN Code 85021360, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. u is the prescribed measurement for Electrical Machinery And Equi under Chapter 85.

Who Should Use HSN Code 85021360?

Every entity transacting in Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva must quote HSN Code 85021360 on invoices. This includes traders, distributors, and e-commerce sellers operating under Electrical Machinery And Equi. Chapter 85 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Starting a business involving Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva? GST registration is mandatory for collecting and remitting taxes on HSN 85021360 goods. Companies planning international trade within Electrical Machinery And Equi must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.

Why Correct Classification Matters

Accurate HSN Code 85021360 usage for Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 85 – Electrical Machinery And Equi to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 85021360 used for?

HSN Code 85021360 is used to classify Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva under Chapter 85 – Electrical Machinery And Equi for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 85021360?

For Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

Do I need GST registration to trade in Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva?

Yes, GST registration is mandatory for businesses dealing in Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva under HSN 85021360. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Electric Generating Sets And Rotary Converters - Generating Sets With Compression-Ignition Internal Combustion Piston Engines (Diesel Or Semi-Diesel Engines): - Of An Output Exceeding 375 Kva : Of An Output Exceeding 10,000 Kva?

For importing goods under Electrical Machinery And Equi, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 85

Back to Top