Casting HSN Code

Understanding the Casting HSN Code: A Deep Dive into Metallurgy

Casting, the process of pouring liquid metal into a mold to create a desired shape, is a fundamental manufacturing technique. From intricate engine parts to robust machinery components, castings are everywhere. For businesses involved in the casting industry, whether manufacturing casting machinery or providing casting services, understanding the correct HSN (Harmonized System of Nomenclature) code is crucial for accurate Goods and Services Tax (GST) compliance. The HSN classification for “casting” can refer to both the machinery used in the process and the services provided.

Casting Machinery HSN Codes and GST Rates

When we talk about “casting” in the context of machinery, we refer to the specialized equipment used in foundries and metallurgical operations. These machines typically fall under Chapter 84 of the HSN, which covers “Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.”

The relevant HSN codes for casting machines and related equipment are:

• Converters, Ladles, Ingot Moulds And Casting Machines, Of A Kind Used In Metallurgy Or In Metal Foundries: This broad heading encompasses the core equipment of a foundry. All items under this heading consistently attract an 18% GST rate.
  • Casting Machines: HSN 845430. This is the general category for casting machines.
    • Die-Casting Machines: HSN 84543010. These specialized machines are used for casting by forcing molten metal into a mold cavity under high pressure.
    • Continuous Casting Machines: HSN 84543020. These machines continuously cast molten metal into semi-finished or finished products.
    • Other Casting Machines: HSN 84543090. This covers other types of casting machines not specifically listed.
  • Ingot Moulds And Ladles: These are essential tools in the casting process.
    • Ingot Moulds: HSN 84542020.
    • Ladles: HSN 84542010.
  • Converters: HSN 84541000. These are used in metallurgical processes to refine metals.
  • Parts: HSN 84549000. This covers parts of all the above-mentioned casting machinery.

The consistent 18% GST rate across all these components and types of casting machinery simplifies tax compliance for manufacturers and suppliers in this sector.

Understanding Casting Services HSN Codes and GST Rates

Beyond the machinery, the act of performing casting itself is a service. These services are classified under Chapter 99 of the HSN, which deals with “Services.”

• Iron And Steel Casting Services: HSN 998931. This covers services related to casting iron and steel. These services attract an 18% GST rate.
• Non-Ferrous Metal Casting Services: HSN 998932. This category includes services for casting metals other than iron and steel (e.g., aluminum, brass). These services also attract an 18% GST rate.

It is important to note that the data indicates a Nil CESS (Goods and Services Tax Compensation Cess) for these services, with effective dates from October 13, 2017, and August 22, 2017, with a specific proviso related to FIFA U-17 Women’s World Cup 2020.