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HSN CODE - 84471120 : Cotton hosiery machines
HSN CODE | Description | Policy |
---|---|---|
8447 | WEAVING MACHINES (LOOMS) | |
844711 | Wool knitting machines | |
84471120 | Cotton hosiery machines | Free |
Harmonised System of Nomenclature (HSN Codes) 84471120 are used for the Cotton hosiery machines 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 84471120
First two digits (84) represent the chapter number which is Chapter 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.
Next two digits (47) represent the heading number which is WEAVING MACHINES (LOOMS)
Next two digits (11) represent the product code which is Wool knitting machines
Last two digits (20) are for final or deeper classification which is Cotton hosiery machines
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.