Hard drive HSN Code
GST rates and HSN code for Hard drive.
| Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
|---|---|---|---|---|---|---|
| Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers, Machines For Transcribing Data On To Data Media In Coded Form And Machines For Processing Such Data, Not Elsewhere Specified Or Included – Storage Units: Hard Disc Drives | 84717020 | 18% | – | 01/07/2017 | – |
| Machine Tools (Including Machines For Nailing, Stapling, Glueing Or Otherwise Assembling) For Working Wood, Cork, Bone, Hard Rubber, Hard Plastics Or Similar Hard Materials – Other : Grinding, Sanding Or Polishing Machines | 84659300 | 18% | – | 01/07/2017 | – | |
| Machine Tools (Including Machines For Nailing, Stapling, Glueing Or Otherwise Assembling) For Working Wood, Cork, Bone, Hard Rubber, Hard Plastics Or Similar Hard Materials – Other : Bending Or Assembling Machines | 84659400 | 18% | – | 01/07/2017 | – | |
| Machine Tools (Including Machines For Nailing, Stapling, Glueing Or Otherwise Assembling) For Working Wood, Cork, Bone, Hard Rubber, Hard Plastics Or Similar Hard Materials – Machines Which Can Carry Out Different Types Of Machining Operations Without Too | 84651000 | 18% | – | 01/07/2017 | – | |
| Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof | Parts And Accessories Of The Motor Vehicles Of Headings 8701 To 8705 – Drive-Axles With Differential, Whether Or Not Provided With Other Transmission Components, And Non-Driving Axles, Parts Thereof | 87085000 | 18% | Nil | 01/08/2019 18/08/2017 | – |
| Rubber and articles thereof | Articles Of Apparel And Clothing Accessories (Including Gloves, Mittens And Mitts) For All Purposes, Of Vulcanised Rubber Other Than Hard Rubber – Gloves, Mittens And Mitts : Other | 40151900 | 18% | – | 01/07/2017 | – |
| Other Articles Of Vulcanised Rubber Other Than Hard Rubber – Other : Floor Coverings And Mats | 40169100 | 18% | – | 15/11/2017 – 22/09/2017 | – | |
| Tubes, Pipes And Hoses, Of Vulcanised Rubber Other Than Hard Rubber, With Or Without Their Fittings (For Example, Joints, Elbows, Flanges) – Not Reinforced Or Otherwise Combined With Other Materials : Without Fittings | 40091100 | 18% | – | 01/07/2017 | – | |
| Tubes, Pipes And Hoses, Of Vulcanised Rubber Other Than Hard Rubber, With Or Without Their Fittings (For Example, Joints, Elbows, Flanges) – Reinforced Or Otherwise Combined Only With Textile Materials : With Fittings | 40093200 | 18% | – | 01/07/2017 | – | |
| Plates, Sheets, Strip, Rods And Profile Shapes, Of Vulcanised Rubber Other Than Hard Rubber – Of Non-Cellular Rubber : Other : Latex Foam Sponge | 40082930 | 18% | – | 01/07/2017 | – | |
| Articles Of Apparel And Clothing Accessories (Including Gloves, Mittens And Mitts), For All Purposes, Of Vulcanised Rubber Other Than Hard Rubber [Other Than Surgical Gloves] | 4015 | 18% | – | 01/07/2017 | – | |
| Other Articles Of Vulcanised Rubber Other Than Hard Rubber – Other : Other : Rubber Cots For Textile Industry | 40169910 | 18% | – | 15/11/2017 – 22/09/2017 | – | |
| Other Articles Of Vulcanised Rubber Other Than Hard Rubber – Other : Other Inflatable Articles : Other | 40169590 | 18% | – | 15/11/2017 – 22/09/2017 | – | |
| Articles Of Apparel And Clothing Accessories (Including Gloves, Mittens And Mitts) For All Purposes, Of Vulcanised Rubber Other Than Hard Rubber – Other : – Other : Other | 40159099 | 18% | – | 01/07/2017 | – | |
| Plates, Sheets, Strip, Rods And Profile Shapes, Of Vulcanised Rubber Other Than Hard Rubber – Of Cellular Rubber : – Plates, Sheets And Strip : Other | 40081190 | 18% | – | 01/07/2017 | – | |
| Plates, Sheets, Strip, Rods And Profile Shapes, Of Vulcanised Rubber Other Than Hard Rubber – Of Non-Cellular Rubber : Other : Tread Rubber And Tread Packing Strip For Resoling Or Repairing Or Retreading Rubber Tyres | 40082940 | 18% | – | 01/07/2017 | – | |
| Other Articles Of Vulcanised Rubber Other Than Hard Rubber – Other : Boat Or Dock Fenders, Whether Or Not Inflatable | 40169400 | 18% | – | 15/11/2017 – 22/09/2017 | – | |
| Aluminium and articles thereof | Aluminium Wire – Of Aluminium, Not Alloyed : Other : Other : Hard Drawn Bare-Solid | 76051991 | 18% | – | 01/07/2017 | – |
| Aluminium Bars, Rods And Profiles – Of Aluminium Alloys : Other : Hard Drawn Bare Aluminium Conductors Steel Re-Inforced (A.C.S.R.) | 76042910 | 18% | – | 01/07/2017 | – | |
| Edible fruit and nuts; peel of citrus fruit or melons | Dates, Figs, Pineapples, Avocados, Guavas,Mangoes, And Mangosteens, Fresh Or Drieddates : Hard (Chhohara Or Kharek) | 08041030 | 12% | – | 13/10/2017 1/07/2017 | – |
Understand the Hard Drive HSN Code: Your Guide to GST Compliance
For businesses in India dealing with hard drives, understanding the correct HSN (Harmonized System of Nomenclature) code is absolutely crucial for accurate GST compliance and seamless trade. The HSN system provides a globally recognized method for classifying goods, simplifying everything from taxation to customs procedures.
Pinpointing the Hard Drive HSN Code and GST Rate
When it comes to hard drives, which are essential components of automatic data processing machines, their HSN classification is quite specific.
Based on the provided data, the most appropriate HSN code for a hard drive is 84717020.
This code falls under Chapter 84, which broadly covers “Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.” More specifically, 84717020 is designated for “Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers, Machines For Transcribing Data On To Data Media In Coded Form And Machines For Processing Such Data, Not Elsewhere Specified Or Included – Storage Units: Hard Disc Drives.”
Hard drives classified under HSN code 84717020 attract an 18% GST rate. This rate has been effective since July 1, 2017.
It’s important to distinguish this from other “hard” related HSN codes in the data that pertain to different materials or machinery, such as “hard rubber” or “hard drawn bare aluminium conductors.” These are entirely separate classifications and do not apply to computer hard drives.
Why HSN Codes are Essential
Accurate HSN code classification is fundamental for several reasons:
- GST Compliance: The HSN code directly determines the applicable GST rate, ensuring businesses charge and remit the correct amount of tax to the government.
- Seamless Trade: HSN codes provide a universal language for goods, simplifying customs procedures for both domestic and international trade, reducing delays and errors.
- Avoiding Penalties: Using the wrong HSN code can lead to penalties, fines, and complications during tax audits.
- Inventory Management: Proper classification aids in efficient inventory tracking, procurement, and overall supply chain management.
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