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HSN CODE - 84592950 : MULTI HEAD DRILLING MACHINES

HSN CODE Description Policy
8459PUMPS FOR LIQUIDS, WHETHER OR NOT FITTED WITH A MEASURING DEVICE; LIQUID ELEVATORS
845929Fuel, lubricating or cooling medium pumps for internal combustion piston engines
84592950MULTI HEAD DRILLING MACHINESFree

Harmonised System of Nomenclature (HSN Codes) 84592950 are used for the MULTI HEAD DRILLING 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 84592950

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

Next two digits (59) represent the heading number which is PUMPS FOR LIQUIDS, WHETHER OR NOT FITTED WITH A MEASURING DEVICE; LIQUID ELEVATORS

Next two digits (29) represent the product code which is Fuel, lubricating or cooling medium pumps for internal combustion piston engines

Last two digits (50) are for final or deeper classification which is MULTI HEAD DRILLING MACHINES

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