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Published on:
February 25, 2023
By
Prerna

Air Vacuum Pumps - GST Rates & HSN Code 8414

If you're a business owner or startup founder dealing with air or vacuum pumps, it's important to know the GST rates and HSN code applicable to your products. In this article, we'll explain all the necessary details you need to know about GST rates and HSN code for air or vacuum pumps.

What are air or vacuum pumps?

Air or vacuum pumps are mechanical devices that remove gas molecules from a sealed volume to create a partial vacuum. These pumps are widely used in industries such as chemical, pharmaceuticals, food, and beverage processing, and packaging. They are also used in laboratory equipment such as vacuum ovens, freeze dryers, and distillation systems.

GST rates for air or vacuum pumps

According to the GST Council, the GST rate for air or vacuum pumps is 18%. This rate is applicable to all types of air or vacuum pumps, regardless of their use or application.

HSN code for air or vacuum pumps

The HSN code for air or vacuum pumps is 8414. This code is used to classify air or vacuum pumps based on their characteristics, such as their type, application, or use. The HSN code is mandatory for all businesses that deal with air or vacuum pumps, and it's used to calculate the GST applicable to these products.

Types of air or vacuum pumps

Air or vacuum pumps can be classified into different types based on their application or use. Some of the common types of air or vacuum pumps include:

1. Positive displacement pumps

2. Centrifugal pumps

3. Axial-flow pumps

4. Jet pumps

How to determine the HSN code for air or vacuum pumps?

The HSN code for air or vacuum pumps can be determined by identifying the type, application, or use of the pump. For example, if you're dealing with positive displacement pumps used in the pharmaceutical industry, the HSN code would be 8414 10 10. Similarly, if you're dealing with centrifugal pumps used in the food and beverage industry, the HSN code would be 8414 80 20.

Conclusion

As a business owner or startup founder dealing with air or vacuum pumps, it's important to know the GST rates and HSN code applicable to your products. The GST rate for air or vacuum pumps is 18%, and the HSN code for these products is 8414. By understanding these details, you can ensure that you're complying with the applicable regulations and avoid any penalties or fines.

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