Indicator HSN Code

Understanding the Indicator HSN Code

Understanding the Harmonized System of Nomenclature (HSN) code is crucial for anyone dealing with goods and services in India, especially concerning GST compliance. When it comes to “indicators,” the classification can sometimes seem complex due to their diverse applications. Let’s break down how the HSN code system categorizes these essential devices.

Classifying Indicators Under GST

The HSN code system groups indicators primarily based on their function and the broader category of goods they fall under. We see two main chapters governing these classifications: Chapter 90, which covers optical, photographic, measuring, and medical instruments, and Chapter 85, which deals with electrical machinery and equipment.

Examining Chapter 90 for Indicators

Chapter 90 includes a range of indicators primarily used for measurement and counting. These are precision instruments designed to provide specific data.

• You will find Revolution Counters and Production Counters here. These devices, along with taximeters, mileometers, and pedometers, fall under HSN 9029.
• Speed Indicators and Tachometers also reside in this chapter. This includes speedometers (non-electrical) and tachometers (non-electrical), each with specific sub-codes like 90292020 and 90292010 respectively.
• Stroboscopes are classified here as well. You will see HSN 90292030 for these instruments.
• Expect to find parts and accessories for these measuring instruments under HSN 90299000. This ensures all related components are covered.

Across all these classifications within Chapter 90, the applicable GST rate is consistently 18%, effective from July 1, 2017.

Exploring Chapter 85 for Electrical Indicators

Chapter 85 encompasses a different type of indicator: those that are electrical sound or visual signalling apparatus. These are often used for alerts, displays, and communication.

• Electric Sound or Visual Signalling Apparatus fall under HSN 8531. This includes a wide array of devices.
• Burglar and Fire Alarms are specific types of indicators here. You will see distinct codes like 85311010 for burglar alarms and 85311020 for fire alarms. Other alarm types are covered by 85311090.
• Indicator Panels incorporating LCD or LED technologies have their own classification. Look for HSN 85312000 for these modern display solutions.
• Other general apparatus within this category are under HSN 85318000. This covers a broad range of electrical signalling devices.
• Parts for these electrical indicators are classified under HSN 85319000. This ensures all related components are appropriately categorized.

Similar to Chapter 90, the GST rate for indicators under Chapter 85 is 18%, though their effective date for this rate was November 15, 2017.

Ensuring Correct HSN Code Application

Accurate HSN code application is vital for seamless GST compliance. Businesses must correctly identify the HSN code for the specific type of indicator they are dealing with, whether it’s a measuring instrument or an electrical signalling device. This ensures proper tax calculation and avoids potential discrepancies. Always refer to the most updated GST regulations and HSN classifications to ensure compliance.