HSN CODE - 84629950 : FRICTION SCREW PRESSES

Harmonised System of Nomenclature (HSN Codes) 84629950 are used for the FRICTION SCREW PRESSES 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 84629950

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

Next two digits (62) represent the heading number which is MACHINE-TOOLS (INCLUDING PRESSES) FOR WORKING METAL BY FORGING, HAMMERING OR DIE-STAMPING; MACHINE-TOOLS (INCLUDING PRESSES) FOR WORKING METAL BY BENDING, FOLDING STRAIGHTENING, FLATTENING, SHEARING, PUNCHING OR NOTCHING; PRESSES FOR WORKING METAL OR METAL CARBIDES, NOT SPECIFIED ABOVE

Next two digits (99) represent the product code which is Pneumatic, inclinable and vertical presses

Last two digits (50) are for final or deeper classification which is FRICTION SCREW PRESSES

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