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V belt HSN Code

GST rates and HSN code for V belt.

ChapterDescriptionHSN CodeRate (%)CESS (%)Effective DateRate Revision
Rubber and articles thereofConveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm :4010321018%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm : Other4010339018%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm :4010329018%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm4010341018%01/07/2017
Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm40103118%01/07/2017
Endless Transmission Belts Of Trapezoidal Crosssection (VBelts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm40103218%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm4010349018%01/07/2017
Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm40103318%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm : Where The4010311018%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm : Other4010319018%01/07/2017
Endless Transmission Belts Of Trapezoidal Crosssection (VBelts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm40103418%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (VBelts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm : Where The4010331018%01/07/2017
Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Other : Other : Endless Flat Belt4010399118%01/07/2017
Wood and articles of wood; wood charcoalWood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint4409299018%27/07/2018 1/07/2017
Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint4409102018%27/07/2018 1/07/2017
Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint440918%27/07/2018 1/07/2017
Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint4409209018%27/07/2018 1/07/2017
Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint4409101018%27/07/2018 1/07/2017
Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint4409202018%27/07/2018 1/07/2017
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articlesRecords, Tapes And Other Recorded Media For Sound Or Other Similarly Recorded Phenomena, Including Matrices And Masters For The Production Of Records, But Excluding Products Of Chapter 37 – Other Magnetic Tapes: – Of A Width Exceeding 6.5 Mm : Childrems V8524533018%01/07/2017

Understanding the V-Belt HSN Code

V-belts are a crucial component in countless mechanical systems, from industrial machinery to automotive engines, efficiently transmitting power between pulleys. For businesses manufacturing, distributing, or utilizing V-belts in India, understanding their correct HSN (Harmonized System of Nomenclature) code is vital for accurate GST (Goods and Services Tax) compliance.

The HSN system provides a globally recognized method for classifying goods, ensuring uniformity in trade and taxation. V-belts, being articles made primarily of rubber and designed for transmission, fall under a specific chapter and heading tailored for such products.

The V-Belt HSN Codes

V-belts are categorized under Chapter 40: “Rubber and articles thereof.” This chapter specifically covers rubber in its various forms and products made from rubber.

More precisely, within Chapter 40, V-belts fall under heading 4010: “Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber.” This heading broadly includes all types of conveyor and transmission belts made of vulcanized rubber.

The HSN classification for V-belts becomes more granular based on their characteristics, specifically:

  • Trapezoidal Cross-Section (V-Belts): This is the defining characteristic of a V-belt.
  • V-Ribbed or Other Than V-Ribbed: Some V-belts have ribs for better grip.
  • Outside Circumference: The length of the belt is a key differentiator.

Based on the provided data, here are the relevant HSN codes for V-belts:

  • 401031XX Series: This series covers “Endless Transmission Belts Of Trapezoidal Cross-Section (V-Belts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm” and also those “Exceeding 180 Cm But Not Exceeding 240 Cm.”
    • For example, 40103110 and 40103190 refer to V-ribbed belts within different size ranges.
  • 401032XX Series: This series covers “Endless Transmission Belts Of Trapezoidal Cross-Section (V-Belts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm.”
    • For example, 40103210 and 40103290 are for non-V-ribbed V-belts in this size range.
  • 401033XX Series: Similar to 401031XX but specifically for V-ribbed belts of different circumference ranges.
    • For example, 40103310 and 40103390 cover V-ribbed belts with an outside circumference exceeding 60 cm but not exceeding 180 cm.
  • 401034XX Series: Covers “Endless Transmission Belts Of Trapezoidal Cross-Section (V-Belts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm.”
    • For example, 40103410 and 40103490.
  • 40103991: This code specifically refers to “Endless Flat Belt” under “Other” transmission belts. While not a V-belt, it’s included as it falls under the broader transmission belt category.

GST Rate and Effective Dates

All the mentioned HSN codes for V-belts under heading 4010 consistently attract an 18% GST rate in India. This rate has been applicable since July 1, 2017.

This consistent 18% GST rate across various types of V-belts simplifies compliance for businesses dealing with these essential power transmission components. Ensuring accurate HSN classification and GST application is key to smooth operations and avoiding potential discrepancies.

FAQs

What is the general HSN Chapter for V-belts?

V-belts fall under Chapter 40: “Rubber and articles thereof.”

What HSN heading covers V-belts?

V-belts are covered under HSN heading 4010: “Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber.”

What is the GST rate for V-belts in India?

The GST rate for V-belts is 18%.

When did the 18% GST rate for V-belts become effective?

The 18% GST rate for V-belts became effective on July 1, 2017.

Are parts of V-belts covered under the same HSN codes?

The provided data primarily covers complete V-belts. Parts of V-belts would generally fall under other specific HSN codes within Chapter 40 or broader machinery parts chapters, depending on the material and nature of the part.

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