Chapter 85 of the GST framework covers Electrical Machinery And Equi, and HSN Code 85462040 specifically identifies Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators. 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 kg..
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 85462040
The taxation of Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators under HSN Code 85462040 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 85462040?
Any business engaged in supplying Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators must apply HSN 85462040 on invoices. The Electrical Machinery And Equi category under Chapter 85 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Planning to trade in Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators? Complete GST registration to legally collect taxes on goods under HSN 85462040. 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
Using HSN Code 85462040 accurately for Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 85 – Electrical Machinery And Equi to maintain accurate filings and smooth business operations.
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 85462040 for accurate classification of Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators.
Yes, registered businesses can claim input tax credit on Electrical Insulators Of Any Material - Of Ceramics - Other High Tension Procelain Solid Core Insulators purchases made under HSN 85462040. 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 - Other High Tension Procelain Solid Core Insulators 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 - Other High Tension Procelain Solid Core Insulators internationally. For domestic trade within Electrical Machinery And Equi, GST registration is sufficient.