What products are classified under HSN 8505
It includes Electro, Permanent Magnets, Clutches
HSN Sub Chapter 8505 represents Electro, Permanent Magnets, Clutches under GST classification. This code helps businesses identify Electro, Permanent Magnets, Clutches correctly for billing, taxation, and trade. With HSN Sub Chapter 8505, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Electro, Permanent Magnets, Clutches.
GST Rate for Electro, Permanent Magnets, Clutches under HSN Code 8505. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 85 | 8505 | Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electromagnetic lifting heads | 18% | 18% |
Chapter: 85
Description: Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electromagnetic lifting heads
Following Tariff HSN code falls under Electro, Permanent Magnets, Clutches:
| Tariff HSN | Description |
|---|---|
| Permanent magnets and articles intended to become permanent magnets after magneti-sation: Of metal : Ferrite cores | |
| Permanent magnets and articles intended to become permanent magnets after magneti-sation: Of metal : Other | |
| Permanent magnets and articles intended to become permanent magnets after magneti-sation: Other | |
| Electro-magnetic couplings, clutches and brakes | |
| Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - electro-magnetic lifting heads | |
| Other, including parts |
Permanent magnets and articles intended to become permanent magnets after magneti-sation: Of metal : Ferrite cores
Permanent magnets and articles intended to become permanent magnets after magneti-sation: Of metal : Other
Permanent magnets and articles intended to become permanent magnets after magneti-sation: Other
Electro-magnetic couplings, clutches and brakes
Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - electro-magnetic lifting heads
Other, including parts
| Order Number | Description |
|---|---|
| M/S. Heavy Vehicles Factory (AAR (Authority For Advance Ruling), Tamil Nadu) | |
| Arco Electro Technologies Pvt. Ltd. (AAR (Authority For Advance Ruling), Maharashtra) | |
| Shiroki Technico India Pvt. Ltd (AAR (Authority For Advance Ruling), Gujarat) |
M/S. Heavy Vehicles Factory (AAR (Authority For Advance Ruling), Tamil Nadu)
Arco Electro Technologies Pvt. Ltd. (AAR (Authority For Advance Ruling), Maharashtra)
Shiroki Technico India Pvt. Ltd (AAR (Authority For Advance Ruling), Gujarat)
It includes Electro, Permanent Magnets, Clutches
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
If your outward supply of Electro, Permanent Magnets, Clutches is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.