GST rates and HSN code for Polycab Wire.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Nickel and articles thereof | Nickel Bars, Rods, Profiles And Wire – Bars, Rods And Profiles | 7505 | 18% | – | 01/07/2017 | – |
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85445930 | 18% | – | 15/11/2017 1/07/2017 | – |
Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85445130 | 18% | – | 15/11/2017 1/07/2017 | – | |
Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85444293 | 18% | – | 15/11/2017 1/07/2017 | – | |
Insulated (Including Enamelled Or Anodised) Wire, Cable (Including Co-Axial Cable) And Other Insulated Electric Conductors, Whether Or Not Fitted With Connectors; Optical Fibre Cables, Made Up Of Individually Sheathed Fibres, Whether Or Not Assembled With | 85441930 | 18% | – | 15/11/2017 1/07/2017 | – | |
Electrical Resistors (Including Rheostats And Potentiometers), Other Than Heating Resistors – Other Fixed Resistors: – For A Power Handling Capacity Not Exceeding 20 W: – Of Insulated Wire : Other | 85332129 | 18% | – | 01/07/2017 | – | |
Electrical Resistors (Including Rheostats And Potentiometers), Other Than Heating Resistors – Other Fixed Resistors: – For A Power Handling Capacity Not Exceeding 20 W: – Of Bare Wire : Of Nichrome | 85332111 | 18% | – | 01/07/2017 | – | |
Zinc and articles thereof | Zinc Bars, Rods, Profiles And Wire – Zinc Bars, Rods, Profiles And Wire : Profiles : Angles, Shapes And Sections | 79040022 | 18% | – | 01/07/2017 | – |
Iron and steel | Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Trapezoidal Wire | 72299013 | 18% | – | 01/07/2017 | – |
Wire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Bronze Coated Wire | 72299012 | 18% | – | 01/07/2017 | – | |
Wire Of Other Alloy Steel – Other : Wire (Excluding Wire Type Lead), Spring, High Tensile, Hardened And Tempered Wires, Not Insulated : Crimped Wire | 72299070 | 18% | – | 01/07/2017 | – | |
Wire Of Other Alloy Steel – Other : Wire (Excluding Wire Type Lead), Spring, High Tensile, Hardened And Tempered Wires, Not Insulated : Spring Wire | 72299032 | 18% | – | 01/07/2017 | – | |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Book-Binding Machinery, Including Book-Sewing Machines – Machinery: Wire Stitching Machinery, Single Headed | 84401010 | 18% | – | 01/07/2017 | – |
Other base metals; cermets; articles thereof | Magnesium And Articles Thereof, Including Waste And Scrap – Other:Wire | 81049030 | 18% | – | 01/07/2017 | – |
Molybdenum And Articles Thereof, Including Waste And Scrap – Other: Wire | 81029600 | 18% | – | 01/07/2017 | – | |
Copper and articles thereof | Cloth (Including Endless Bands), Grill And Netting, Of Copper Wire; Expanded Metal Of Copper – Cloth : Other | 74142090 | 0 | – | 01/07/2017 | – |
Articles of iron or steel | Stranded Wire, Ropes And Cables | 731210 | 18% | – | 01/07/2017 | – |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated | 7312 | 18% | – | 01/07/2017 | – | |
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Other | 73129000 | 18% | – | 01/07/2017 | – | |
Aluminium and articles thereof | Other Articles Of Aluminium – Other : Cloth, Grill, Netting And Fencing, Of Aluminium Wire | 76169100 | 18% | – | 01/07/2017 | – |
Polycab India is a leading manufacturer of wires and cables, essential components in various electrical applications, from household wiring to large-scale industrial projects. For businesses and consumers alike, understanding the correct Harmonized System of Nomenclature (HSN) code for Polycab wires is crucial for accurate GST (Goods and Services Tax) classification and compliance.
Polycab wires primarily fall under Chapter 85: Electrical machinery and equipment and parts thereof, specifically focusing on insulated electrical conductors.
The most relevant HSN codes for Polycab wires, which are predominantly insulated electrical conductors, fall under 8544. This broad heading covers “Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors.”
Within HSN 8544, the classification becomes more specific based on the type of insulation, conductor material, and application. Here are some common sub-headings and their descriptions:
The consistent GST rate across these classifications for insulated wires and cables is 18%. This rate has been in effect since July 1, 2017, with some revisions like that on November 15, 2017, mainly impacting certain subcategories.
It is important to distinguish between raw, uninsulated wire (which falls under chapters related to the base metal, such as copper or aluminium) and insulated wires (which fall under Chapter 85).
For instance:
Polycab primarily manufactures insulated wires and cables, meaning their products will almost always be classified under HSN 8544. Always ensure you classify based on the final product you are dealing with, i.e., whether it is an insulated wire or simply raw metallic wire.
Polycab wires primarily fall under HSN Chapter 85: Electrical machinery and equipment and parts thereof.
The most common HSN codes for insulated Polycab wires fall under the 8544 heading, with specific sub-codes depending on the type and usage.
The GST rate for Polycab insulated wires and cables is 18%.
Using the correct HSN code ensures accurate GST calculation, proper invoicing, streamlined input tax credit claims, and compliance with government regulations.
Insulated winding wire from Polycab would likely be classified under HSN 85441930 or similar codes within 8544, depending on the insulation material.
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