85462024 is the designated HSN classification for Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv, categorized under Chapter 85 – Electrical Machinery And Equi in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv 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 85462024
The taxation of Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv under HSN Code 85462024 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Electrical Machinery And Equi goods under Chapter 85.
Who Should Use HSN Code 85462024?
All businesses supplying Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv are obligated to use HSN 85462024 on tax invoices. From producers to retailers within Electrical Machinery And Equi, Chapter 85 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Planning to trade in Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv? Complete GST registration to legally collect taxes on goods under HSN 85462024. Businesses importing or exporting Electrical Machinery And Equi products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 85462024 for Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 85 – Electrical Machinery And Equi through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 85462024 for accurate classification of Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv.
Yes, registered businesses can claim input tax credit on Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv purchases made under HSN 85462024. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Electrical Insulators Of Any Material - Of Ceramics:- Porcelain Post Insulators : Above 66 Kv But Upto 132 Kv internationally. For domestic trade within Electrical Machinery And Equi, GST registration is sufficient.