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HSN CODE - 90059020 : MOUNTINGS FOR ASTRONOMICAL INSTRUMENTS
HSN CODE | Description | Policy |
---|---|---|
9005 | BINOCULARS, MONOCULARS, OTHER OPTICAL TELESCOPES AND MOUNTINGS THEREFOR; OTHER ASTRONOMICAL INSTRUMENTS AND MOUNTINGS THEREFOR, BUT NOT INCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY | |
900590 | Parts and accessories (including mountings) | |
90059020 | MOUNTINGS FOR ASTRONOMICAL INSTRUMENTS | Free |
Harmonised System of Nomenclature (HSN Codes) 90059020 are used for the MOUNTINGS FOR ASTRONOMICAL INSTRUMENTS 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 90059020
First two digits (90) represent the chapter number which is Chapter 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof.
Next two digits (05) represent the heading number which is BINOCULARS, MONOCULARS, OTHER OPTICAL TELESCOPES AND MOUNTINGS THEREFOR; OTHER ASTRONOMICAL INSTRUMENTS AND MOUNTINGS THEREFOR, BUT NOT INCLUDING INSTRUMENTS FOR RADIO-ASTRONOMY
Next two digits (90) represent the product code which is Parts and accessories (including mountings)
Last two digits (20) are for final or deeper classification which is MOUNTINGS FOR ASTRONOMICAL INSTRUMENTS
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.