85049010 is the designated HSN classification for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers, categorized under Chapter 85 – Electrical Machinery And Equi in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. 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 85049010
Tax liability for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers under HSN 85049010 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 85 – Electrical Machinery And Equi products must use kg..
Who Should Use HSN Code 85049010?
Traders, manufacturers, and importers of Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers are required to mention HSN Code 85049010 on all GST documents. This Electrical Machinery And Equi classification under Chapter 85 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Looking to deal in Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers? GST registration is your first compliance requirement for HSN 85049010 goods. International traders in Electrical Machinery And Equi 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 HSN Code 85049010 usage for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 85 – Electrical Machinery And Equi to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 85049010?
The standard unit of measurement for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers under HSN Code 85049010 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 85049010 mandatory for small businesses?
Yes, businesses dealing in Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers must use HSN 85049010 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 85049010 for Electrical Machinery And Equi goods before invoicing.
Do I need AD Code registration for exporting Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers?
Yes, AD Code registration is required for exporters dealing in Electrical Transformers, Static Converters (For Example, Rectifiers) And Inductors - Other Inductors: -Parts : Of Transformers under Electrical Machinery And Equi. This registration links your bank account to process foreign currency payments from overseas buyers.
