GST rates and HSN code for V belt.
| Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
|---|---|---|---|---|---|---|
| Rubber and articles thereof | Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : 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 : | 40103210 | 18% | – | 01/07/2017 | – |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (V–Belts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm : Other | 40103390 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : 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 : | 40103290 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : 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 | 40103410 | 18% | – | 01/07/2017 | – | |
| Endless Transmission Belts Of Trapezoidal Cross-Section (V–Belts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm | 401031 | 18% | – | 01/07/2017 | – | |
| Endless Transmission Belts Of Trapezoidal Crosssection (V–Belts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm | 401032 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : 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 | 40103490 | 18% | – | 01/07/2017 | – | |
| Endless Transmission Belts Of Trapezoidal Cross-Section (V–Belts), V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm | 401033 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (V–Belts), V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm : Where The | 40103110 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (V–Belts), V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm : Other | 40103190 | 18% | – | 01/07/2017 | – | |
| Endless Transmission Belts Of Trapezoidal Crosssection (V–Belts), Other Than V-Ribbed, Of An Outside Circumference Exceeding 180 Cm But Not Exceeding 240 Cm | 401034 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Endless Transmission Belts Of Trapezoidal Cross-Section (V–Belts), V-Ribbed, Of An Outside Circumference Exceeding 60 Cm But Not Exceeding 180 Cm : Where The | 40103310 | 18% | – | 01/07/2017 | – | |
| Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber – Transmission Belts Or Belting : Other : Other : Endless Flat Belt | 40103991 | 18% | – | 01/07/2017 | – | |
| Wood and articles of wood; wood charcoal | 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-Joint | 44092990 | 18% | – | 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-Joint | 44091020 | 18% | – | 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-Joint | 4409 | 18% | – | 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-Joint | 44092090 | 18% | – | 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-Joint | 44091010 | 18% | – | 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-Joint | 44092020 | 18% | – | 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 articles | Records, 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 V | 85245330 | 18% | – | 01/07/2017 | – |
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.
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:
Based on the provided data, here are the relevant HSN codes for V-belts:
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.
V-belts fall under Chapter 40: “Rubber and articles thereof.”
V-belts are covered under HSN heading 4010: “Conveyor Or Transmission Belts Or Belting Of Vulcanised Rubber.”
The GST rate for V-belts is 18%.
The 18% GST rate for V-belts became effective on July 1, 2017.
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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