HSN CODE - 84542020 : INGOT MOULDS

Harmonised System of Nomenclature (HSN Codes) 84542020 are used for the INGOT MOULDS 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 84542020

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

Next two digits (54) represent the heading number which is CONVERTERS, LADLES, INGOT MOULDS AND CASTING MACHINES, OF A KIND USED IN METALLURGY OR IN METAL FOUNDRIES

Next two digits (20) represent the product code which is Ingot moulds and ladles

Last two digits (20) are for final or deeper classification which is INGOT MOULDS

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