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HSN CODE - 87149320 : BICYCLE FREE-WHEELS
HSN CODE | Description | Policy |
---|---|---|
8714 | PARTS AND ACCESSORIES OF VEHICLES OF HEADINGS 8711 TO 8713 | |
871493 | Hubs, other than coaster braking hubs and hub brakes, and free-wheel sprocket-wheels | |
87149320 | BICYCLE FREE-WHEELS | Free |
Harmonised System of Nomenclature (HSN Codes) 87149320 are used for the BICYCLE FREE-WHEELS 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 87149320
First two digits (87) represent the chapter number which is Chapter 87 - Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Next two digits (14) represent the heading number which is PARTS AND ACCESSORIES OF VEHICLES OF HEADINGS 8711 TO 8713
Next two digits (93) represent the product code which is Hubs, other than coaster braking hubs and hub brakes, and free-wheel sprocket-wheels
Last two digits (20) are for final or deeper classification which is BICYCLE FREE-WHEELS
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.