Introduction Efficiency and ease of movement are crucial in material handling…
HSN Code 84279000: All You Need to Know About Hand Pallet Trucks & Hydraulic Hand Pallet Trucks
Introduction
Material handling is the backbone of every industrial operation, and tools like the hand pallet truck and hydraulic hand pallet truck have made goods movement seamless. These trucks help transport heavy pallets with minimal effort, but apart from their practical use, it is essential to understand their classification for taxation purposes.
In India, the HSN code 84279000 plays a vital role in the GST structure of such equipment. This blog sheds light on the HSN code, its relevance, and how it impacts business owners, traders, and logistic managers.
What Does HSN Code 84279000 Represent?
The HSN code 84279000 falls under Chapter 84 of the Harmonized System of Nomenclature, which deals with machinery and mechanical appliances. Specifically, this code includes:
- Self-propelled or manually operated work trucks
- Trucks fitted with lifting or handling equipment
- Products like hand pallet trucks, hydraulic hand pallet trucks, electric pallet trucks, and forklifts
This classification helps businesses assign the correct GST rate and ensures smooth interstate and international trade.
GST Rate for Hand Pallet Truck & Hydraulic Hand Pallet Truck
Under HSN code 84279000, the GST rate is generally 18%. Here’s an example to understand the cost breakdown:
- Product: Hydraulic Hand Pallet Truck
- Base Price: ₹20,000
- GST (18%): ₹3,600
- Final Price: ₹23,600
The correct application of GST ensures accurate billing, transparency, and legal compliance for both vendors and buyers.
Why Knowing the HSN Code Matters
- Correct GST Calculation: Avoid overcharging or underpaying GST.
- Audit-Ready Billing: Proper codes help with smooth inspections during audits.
- Compliance with Trade Laws: Essential for import/export documentation.
- Inventory Management: Helps categorize products effectively.
Whether you’re buying a hydraulic hand pallet truck or maintaining inventory records, the right HSN code ensures better control and compliance.
Application of Hand Pallet Trucks in Industries
Both hand pallet trucks and hydraulic hand pallet trucks are widely used across sectors like:
- Warehousing: For transporting goods across storage areas
- Retail Chains: For shifting products from storage to shelves
- Manufacturing Plants: For carrying raw materials or finished goods
- Logistics Hubs: Used in loading/unloading vehicles
Their ease of use, low maintenance, and ergonomic design make them ideal for high-frequency operations.
Key Features of Hydraulic Hand Pallet Trucks
- Robust Steel Construction for heavy-duty use
- Hydraulic Pump System for smooth lifting
- Ergonomic handles for easy steering
- Load Capacity ranging from 2 to 5 tons
- Polyurethane/Nylon Wheels for floor protection
These features offer a perfect blend of durability, flexibility, and cost-efficiency.
How to Use HSN Code in Billing Software
Modern accounting and billing systems allow auto-filling of HSN codes. Ensure your billing software:
- Map product categories to correct HSN codes
- Automatically applies GST rates based on HSN
- Updates in sync with government notifications
You can also verify codes manually using:
- The GST Portal
- CBIC circulars
- Expert consultation from your tax advisor
Final Thoughts
The hand pallet truck and the hydraulic hand pallet truck are essential for any business that involves physical inventory movement. By understanding their classification under HSN code 84279000, businesses can stay compliant, avoid tax issues, and operate smoothly.
If you’re looking for reliable and GST-compliant hydraulic pallet trucks, check out the offerings at Globe Overseas Pvt. Ltd. Visit liftingmachines.in for high-quality products tailored to your industrial needs.
Work smarter. Stay compliant. Move efficiently.