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HSN CODE - 73151210 : LIFTING AND HOISTING CHAIN
HSN CODE | Description | Policy |
---|---|---|
7315 | CHAIN AND PARTS THEREOF, OF IRON OR STEEL | |
731512 | Other chain | |
73151210 | LIFTING AND HOISTING CHAIN | Free |
Harmonised System of Nomenclature (HSN Codes) 73151210 are used for the LIFTING AND HOISTING CHAIN products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 73151210
First two digits (73) represent the chapter number which is Chapter 73 - Articles of iron or steel
Next two digits (15) represent the heading number which is CHAIN AND PARTS THEREOF, OF IRON OR STEEL
Next two digits (12) represent the product code which is Other chain
Last two digits (10) are for final or deeper classification which is LIFTING AND HOISTING CHAIN
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.