HSN Code 84713010 precisely identifies portable automatic data processing machines and units thereof. This specific code falls under a broader category of automatic data processing equipment.
Understanding HSN Code 84713010
The Harmonized System of Nomenclature (HSN) is an internationally recognized product classification system that facilitates the systematic classification of goods. HSN Code 84713010 provides a detailed classification for a particular subset of computing devices.
Here's the exact description associated with HSN Code 84713010:
| HSN Code | Description |
|---|---|
| 84713010 | Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data on to data media in coded form and machines for processing such data, not elsewhere specified or included - portable automatic data processin |
This classification means that while the broader HSN 8471 category covers various automatic data processing machines, magnetic/optical readers, and data transcription/processing machines not elsewhere specified, the 84713010 sub-heading specifically targets devices that are portable.
Key Characteristics and Examples
The defining characteristic of goods classified under HSN 84713010 is their portability. This code specifically applies to automatic data processing (ADP) machines designed to be easily carried and moved.
Examples of devices typically covered by HSN 84713010 include:
- Laptops: Portable personal computers with a clamshell form factor.
- Notebooks: A compact type of laptop computer.
- Ultrabooks: A specific type of high-end, ultra-thin, and lightweight laptop.
- Portable computing devices: Any other ADP machine that fits the description of being portable and performs data processing functions.
These devices are essential for individuals and businesses requiring computing power on the go, facilitating tasks such as:
- Document creation and editing
- Internet browsing and communication
- Data analysis and presentation
- Software development
- Multimedia consumption
Importance of HSN Codes
HSN codes like 84713010 are crucial for several reasons, particularly in international trade and domestic taxation systems such as India's Goods and Services Tax (GST):
- Standardization: They provide a uniform classification system globally, simplifying customs procedures and international trade.
- Taxation: In many countries, HSN codes determine the applicable tax rates (e.g., GST rates in India) for goods, ensuring consistency and transparency in tax collection.
- Data Collection: They assist governments in collecting trade statistics, which are vital for economic analysis and policy-making.
- Clarity in Business: Businesses use HSN codes to correctly classify their products for invoicing, inventory management, and compliance purposes, preventing misclassification and potential penalties.
Understanding the correct HSN code for products ensures proper compliance with tax laws and smoother operations for businesses dealing in portable computing equipment.
