Material handling is an essential part of industries such as manufacturing,…
Chain Pulley Block HSN Code 84251920: A Detailed Guide
A Chain Pulley Block is an essential lifting device used across various industries to lift and transport heavy loads efficiently and safely. Understanding its HSN Code is crucial if you are involved in buying or selling chain pulley blocks. This blog provides detailed insights into HSN Code 84251920.
What is an HSN Code?
The HSN (Harmonized System of Nomenclature) Code is an international system for classifying products. It helps identify goods for taxation under GST (Goods and Services Tax) and in international trade.
HSN Code for Chain Pulley Block: 84251920
HSN Code 84251920 specifically classifies chain pulley blocks, which are commonly used in manual or mechanical lifting operations. The applicable tax rates under this code are:
- GST Rate: 18%
- Product Category: Mechanical lifting equipment
- Key Applications: Industrial use, warehouses, construction, manufacturing units, etc.
Benefits of HSN Code 84251920 for Chain Pulley Blocks
- Clear Classification: Helps businesses in accurate tax calculations and invoicing.
- Simplified Tax Filing: Using the correct HSN Code ensures smooth GST filing.
- Useful in International Trade: Facilitates easy identification of products in global transactions.
Other Related Products and Their HSN Codes
Apart from Chain Pulley Blocks, several other mechanical lifting devices fall under different HSN Codes:
- Electric Winch – HSN Code: 84253100
- Electric Chain Hoist / Electric Wire Rope Hoist – HSN Code: 84251110
These products serve various industrial purposes and play a crucial role in material-handling operations.
Conclusion
If you are a manufacturer, distributor, or buyer of Chain Pulley Blocks, understanding HSN Code 84251920 is essential. It helps in determining the correct tax slab and ensures compliance with invoicing regulations, leading to smoother business operations. Globe Overseas Pvt. Ltd. is committed to providing high-quality lifting solutions for your needs.
For more information about our products, feel free to contact us!