Chapter 85 of the GST framework covers Electrical Machinery And Equi, and HSN Code 85042320 specifically identifies Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000.... Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard unit of measurement is u.
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 85042320
For Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... classified under HSN Code 85042320, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. u is the prescribed measurement for Electrical Machinery And Equi under Chapter 85.
Who Should Use HSN Code 85042320?
Manufacturers, wholesalers, retailers, and exporters dealing in Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... are required to mention HSN 85042320 on all tax documents. This classification under Electrical Machinery And Equi applies to businesses of all sizes operating within Chapter 85. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000...? GST registration is mandatory for collecting and remitting taxes on HSN 85042320 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
Correct HSN Code 85042320 application for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 85 – Electrical Machinery And Equi through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... under HSN 85042320 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Yes, online marketplaces and e-commerce operators selling Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... must mention HSN Code 85042320 on invoices. This Electrical Machinery And Equi classification applies to all sales channels under Chapter 85.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... under HSN 85042320.
GST rates for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Liquid Dielectric Transformers: - Having A Power Handling Capacity Exceeding 10,000 Kva: Having A Power Handling Capacity Exceeding 50,000 Kva But Not Exceeding 1,00,000... and other Electrical Machinery And Equi products under Chapter 85 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
