HSN CODE - 88040020 : ROTOCHUTES AND PRTS THEREOF AND ACCSSRS THRTO

Harmonised System of Nomenclature (HSN Codes) 88040020 are used for the ROTOCHUTES AND PRTS THEREOF AND ACCSSRS THRTO 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 88040020

First two digits (88) represent the chapter number which is Chapter 88 - Aircraft, spacecraft, and parts thereof.

Next two digits (04) represent the heading number which is PARACHUTES (INCLUDING DIRIGIBLE PARACHUTES AND PARAGLIDERS) AND ROTOCHUTES; PARTS THEREOF AND ACCESSORIES THERETO

Next two digits (00) represent the product code which is Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto

Last two digits (20) are for final or deeper classification which is ROTOCHUTES AND PRTS THEREOF AND ACCSSRS THRTO

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