850423
HSN Code 850423: GST Rate & Description
Having a power handling capacity exceeding 10,000 kva:
HSN
Chapter 85 — Electrical Equipment
6-digit code
18% GST
CGST+SGST apply to intra-state transactions. IGST applies to inter-state and imports. Cess may apply additionally for certain goods.
About HSN Code 850423
HSN code 850423 is
a 6-digit Harmonized System of Nomenclature (HSN) code used in India for GST classification.
It covers: Having a power handling capacity exceeding 10,000 kva:.
This code falls under Chapter 85
(Electrical Equipment) of the Indian GST tariff.
The applicable GST rate is 18%
(CGST 9% + SGST 9% for intra-state, or IGST 18% for inter-state transactions).
Who needs this code? Any GST-registered business supplying
goods classified under this
HSN code must quote it on their tax invoices.
Turnover above ₹5 crore requires 6-digit codes;
exporters must use 8-digit HSN codes.
Frequently Asked Questions
What is HSN code 850423?
HSN 850423 refers to: Having a power handling capacity exceeding 10,000 kva:. It belongs to Chapter 85 (Electrical Equipment) of the GST tariff.
What is the GST rate for HSN code 850423?
The GST rate for HSN code 850423 is 18% — CGST 9% + SGST 9% for intra-state, or IGST 18% for inter-state supply.
Is HSN code 850423 mandatory on invoices?
Yes. If your business supplies goods/services under this code, you must quote the HSN/SAC code on GST invoices. Businesses with turnover below ₹5 crore use 4-digit HSN; above ₹5 crore use 6-digit; exporters use 8-digit.
What chapter does HSN code 850423 belong to?
HSN code 850423 belongs to Chapter 85 of the GST tariff, which covers Electrical Equipment.