The HSN code 85362030 precisely identifies Miniature circuit breakers. This code falls under the broader category of electrical apparatus used for switching or protecting electrical circuits.
Understanding HSN Codes
The Harmonized System of Nomenclature (HSN) code is a globally recognized product classification system developed by the World Customs Organization (WCO). It comprises over 5,000 commodity groups, each identified by a six-digit code, arranged in a legal and logical structure. India, among many other countries, uses an extended version of the HS code, often 8 digits, for its customs and taxation purposes, known as the HSN code.
The primary benefits of HSN codes include:
- Standardization: Facilitates uniform classification of goods globally.
- Trade Data Analysis: Enables easier collection and analysis of international trade statistics.
- Simplified Customs Procedures: Streamlines customs clearance processes by providing a common language for products.
- Taxation: Essential for determining applicable tariffs, duties, and taxes (like GST in India) on goods.
You can learn more about the Harmonized System from the World Customs Organization.
Dissecting HSN Code 85362030
To fully understand HSN code 85362030, let's break down its structure:
| Code Segment | Description |
|---|---|
| 85 | Chapter 85: This refers to "Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles." This broad chapter covers a wide range of electrical goods. |
| 8536 | Heading 8536: This specific heading covers "Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 V; connectors for optical fibres, optical fibre bundles or cables." |
| 853620 | Subheading 8536.20: Within heading 8536, this subheading specifically targets "Automatic circuit breakers." This indicates devices designed to automatically open an electrical circuit when an overload or short circuit occurs. |
| 85362030 | Tariff Item 85362030: This is the detailed HSN code that specifically identifies Miniature circuit breakers. This level of detail is crucial for precise classification for customs duties, taxes, and trade statistics. |
Therefore, HSN code 85362030 is highly specific to Miniature Circuit Breakers (MCBs), distinguishing them from other types of circuit breakers or electrical protection devices.
Key Features of Miniature Circuit Breakers (MCBs)
Miniature Circuit Breakers (MCBs) are essential safety devices in electrical circuits. They are designed to protect electrical circuits from overcurrent, which can result from an overload or short circuit.
- Overload Protection: MCBs trip (turn off) when the current exceeds a safe limit for a sustained period, preventing wires from overheating.
- Short Circuit Protection: They react instantly to a sudden, very high current caused by a short circuit, preventing damage to equipment and reducing fire risks.
- Resettable: Unlike fuses, which must be replaced after tripping, an MCB can simply be reset (switched back on) once the fault is cleared.
- Applications: Commonly used in residential, commercial, and light industrial applications for protecting lighting circuits, power sockets, and small appliances.
Importance in Trade and Taxation
The precise classification of goods using HSN codes like 85362030 is vital for international trade and domestic taxation.
- Customs Duties: Importers and exporters rely on these codes to determine the applicable customs duties and tariffs when goods cross international borders. Incorrect classification can lead to penalties or delays.
- GST (Goods and Services Tax) in India: In India, HSN codes are mandatory for GST invoicing, enabling the government to identify the type of goods being traded and apply the correct tax rate. For example, the GST rate for miniature circuit breakers would be linked to HSN 85362030.
- Statistical Analysis: Governments and trade organizations use HSN data to analyze trade patterns, formulate policies, and understand market trends for specific products.
By clearly defining "Miniature circuit breakers," HSN 85362030 ensures consistency and transparency in global trade and local economic activities involving these electrical safety components.
