HSN CODE - 84729040 : COIN SORTING MACHINES, COIN-COUNTING OR WRAPPING MACHINES

Harmonised System of Nomenclature (HSN Codes) 84729040 are used for the COIN SORTING MACHINES, COIN-COUNTING OR WRAPPING 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 84729040

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

Next two digits (72) represent the heading number which is OTHER OFFICE MACHINES (FOR EXAMPLE, HECTOGRAPH OR STENCIL DUPLICATING MACHINES, ADDRESSING MACHINES, AUTOMATIC BANK NOTE DISPENSERS, COIN SORTING MACHINES, COIN COUNTING OR WRAPPING MACHINES, PENCIL-SHARPENING MACHINES, PERFORATING OR STAPLING MACHINE)

Next two digits (90) represent the product code which is Other

Last two digits (40) are for final or deeper classification which is COIN SORTING MACHINES, COIN-COUNTING OR WRAPPING MACHINES

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