What is the HSN code for sleepers?

HSN Code for Railway Sleepers

Railway sleepers, also known as crossties, are essential components of railroad infrastructure, providing support and stability for train tracks. These load-bearing elements fall under HSN (Harmonized System Nomenclature) code 4406.

Effective Date and Tax Rate

The HSN code for railway sleepers became effective on July 1, 2017. This code carries a 12% tax rate, indicating the applicable import or export tax levied on the movement of sleepers across customs borders.

Description of HSN Code 4406

HSN code 4406 encompasses a wide range of wood products, including:

• Railway sleepers of wood
• Sleepers (crossties) of wood
• Crossties of wood

Significance of HSN Codes

HSN codes play a crucial role in international trade by providing a standardized system for classifying and identifying goods. They facilitate customs clearance, trade statistics, and ensure the correct application of tariffs and other regulations.

Conclusion

Railway sleepers fall under HSN code 4406, which carries a 12% tax rate. This code is essential for the efficient import and export of these crucial infrastructure components, ensuring accurate customs valuation and the smooth flow of goods across borders.