GST rates and HSN code for Shearing machine.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Nuclear reactors, boilers, <strong>machine</strong>ry and mechanical appliances; parts thereof | Numerically Controlled Shearing Machines | 84623300 | 18% | – | – | – |
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629913 | 18% | – | 01/07/2017 | – |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84621011 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629970 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84624920 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629990 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84621020 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629915 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84621012 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84623910 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84621014 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84621030 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629960 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84623990 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629919 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84623100 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629920 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84623920 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84629930 | 18% | – | 01/07/2017 | – | |
Machine-Tools (Including Presses) For Working Metal By Forging, Hammering Or Die-Stamping; Machine-Tools (Including Presses) For Working Metal By Bending, Folding, Straightening, Flattening, Shearing, Punching Or Notching; Presses For Working Metal Or Met | 84624100 | 18% | – | 01/07/2017 | – |
Shearing machines are essential tools in metalworking, used for cutting sheets, plates, and bars. When it comes to GST and compliance, it is critical to know their correct HSN code. The Harmonized System of Nomenclature (HSN) classifies these machines under a specific chapter dedicated to industrial machinery.
The primary HSN code for shearing machines is 8462. This chapter covers a broad range of “Machine-tools (including presses) for working metal” by various methods, including forging, bending, and, most relevantly, shearing. Within this category, shearing machines are further sub-classified. For example, numerically controlled shearing machines (often called CNC shearing machines) are classified under 84623300, while non-numerically controlled machines may fall under codes like 84623910 for plate and sheet shears.
Regardless of the specific sub-code, the GST rate for all shearing machines under HSN 8462 is a standard 18%. This rate has been consistent since the implementation of GST. Proper HSN classification is vital for businesses to ensure accurate invoicing, correct tax payments, and smooth import/export procedures.
The main HSN code for shearing machines is 8462.
The GST rate for a shearing machine is 18%.
Shearing machines are in Chapter 84, which is for “Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.”
Parts and accessories for machines under HSN 8462 are generally classified under HSN code 8466.
The HSN code is more dependent on the machine’s function and control system (e.g., numerically controlled vs. non-numerically controlled) than on its power source.
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