Polycab Wire HSN Code

GST rates and HSN code for Polycab Wire.

ChapterDescriptionHSN CodeRate (%)CESS (%)Effective DateRate Revision
Nickel and articles thereofNickel Bars, Rods, Profiles And Wire – Bars, Rods And Profiles750518%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 articlesInsulated (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 With8544593018%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 With8544513018%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 With8544429318%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 With8544193018%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 : Other8533212918%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 Nichrome8533211118%01/07/2017
Zinc and articles thereofZinc Bars, Rods, Profiles And Wire – Zinc Bars, Rods, Profiles And Wire : Profiles : Angles, Shapes And Sections7904002218%01/07/2017
Iron and steelWire Of Other Alloy Steel – Other : Tinned Wire, Bronze Coated Wire, Trapezoidal Wire, Half Round Wire, Crimped Wire And Copper Coated Wire, Not Insulated : Trapezoidal Wire7229901318%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 Wire7229901218%01/07/2017
Wire Of Other Alloy Steel – Other : Wire (Excluding Wire Type Lead), Spring, High Tensile, Hardened And Tempered Wires, Not Insulated : Crimped Wire7229907018%01/07/2017
Wire Of Other Alloy Steel – Other : Wire (Excluding Wire Type Lead), Spring, High Tensile, Hardened And Tempered Wires, Not Insulated : Spring Wire7229903218%01/07/2017
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereofBook-Binding Machinery, Including Book-Sewing Machines – Machinery: Wire Stitching Machinery, Single Headed8440101018%01/07/2017
Other base metals; cermets; articles thereofMagnesium And Articles Thereof, Including Waste And Scrap – Other:Wire8104903018%01/07/2017
Molybdenum And Articles Thereof, Including Waste And Scrap – Other: Wire8102960018%01/07/2017
Copper and articles thereofCloth (Including Endless Bands), Grill And Netting, Of Copper Wire; Expanded Metal Of Copper – Cloth : Other74142090001/07/2017
Articles of iron or steelStranded Wire, Ropes And Cables73121018%01/07/2017
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated731218%01/07/2017
Stranded Wire, Ropes, Cables, Plaited Bands, Slings And The Like, Of Iron Or Steel, Not Electrically Insulated – Other7312900018%01/07/2017
Aluminium and articles thereofOther Articles Of Aluminium – Other : Cloth, Grill, Netting And Fencing, Of Aluminium Wire7616910018%01/07/2017

Understanding the Polycab Wire HSN Code

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.

Understanding HSN Codes for Polycab Wires

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:

  • 85445930: This code often applies to “Other insulated electric conductors, for a voltage not exceeding 1,000 V” that are not explicitly covered by other sub-categories. This would include various types of insulated Polycab wires used in low-voltage applications.
  • 85445130: This is another code for “Other insulated electric conductors, for a voltage not exceeding 1,000 V,” specifically those “fitted with connectors.”
  • 85444293: This code may refer to “Other insulated electric conductors, for a voltage not exceeding 1,000 V: Fitted with connectors: Other.”
  • 85441930: This code applies to “Winding wire: Other: Rubber insulated.”

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.

Differentiating Raw Wire from Insulated Wire

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:

  • Copper Wire (uninsulated): This typically falls under Chapter 74: Copper and articles thereof, with HSN codes like 7408. The GST rate for uninsulated copper wire is also 18%.
  • Aluminium Wire (uninsulated): This generally falls under Chapter 76: Aluminium and articles thereof, with HSN codes like 7605. The GST rate for uninsulated aluminium wire is 18%.
  • Optical Fibre Cables: While also under HSN 8544, specific codes like 85447090 are used for “Optical fibre cables.” These also attract an 18% GST rate.

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.

FAQs

What is the main HSN chapter for Polycab wires?

Polycab wires primarily fall under HSN Chapter 85: Electrical machinery and equipment and parts thereof.

What is the most common HSN code for insulated Polycab wires?

The most common HSN codes for insulated Polycab wires fall under the 8544 heading, with specific sub-codes depending on the type and usage.

What is the GST rate for Polycab insulated wires and cables?

The GST rate for Polycab insulated wires and cables is 18%.

Why is using the correct HSN code important for Polycab wires?

Using the correct HSN code ensures accurate GST calculation, proper invoicing, streamlined input tax credit claims, and compliance with government regulations.

What is the HSN code for insulated winding wire from Polycab?

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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