HSN CODE - 84304120 : PETROLEUM AND GAS WELL DRILLING EQUIPMENT

Harmonised System of Nomenclature (HSN Codes) 84304120 are used for the PETROLEUM AND GAS WELL DRILLING EQUIPMENT 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 84304120

First two digits (84) represent the chapter number which is Chapter 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

Next two digits (30) represent the heading number which is OTHER MOVING, GRADING, LEVELLING, SCRAPPING, EXCAVATING, TAMPING, COMPACTING, EXTRACTING OR BORING MACHINERY, FOR EARTH, MINERALS OR ORES; PILE-DRIVERS AND PILE-EXTRACTORS; SNOW-PLOUGHS AND SNOW-BLOWERS

Next two digits (41) represent the product code which is Self-propelled

Last two digits (20) are for final or deeper classification which is PETROLEUM AND GAS WELL DRILLING EQUIPMENT

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.