Apply for instant GST business loan upto INR 1 Cr

HTS Code Lookup – Find Tariff Codes by Product or Number

Search the Harmonized Tariff Schedule by entering a product name or HTS code to get duty rates, descriptions, and classification details.

Home > HTS Codes > Chapter 84 > 8462

Custom Duty Rate for HTS Code 8462 : Machine tools, incl. presses, for working metal by forging, hammering or die-stamping; machine tools, incl. presses, for working metal by bending, folding, straightening, flattening, shearing, punching or notching; presses for working metal or metal carbides (excluding machines of chapters 8456 to 8461)

Heading/SubheadingArticle DescriptionUnit of QuantityRates of Duty
12
GeneralSpecial
8462.91Hydraulic presses for working metal (excluding forging, bending, folding, straightening and flattening presses)
8462.91.40.30Used or rebuiltNo.
8462.91.40.60OtherNo.
8462.91.80.30Used or rebuiltNo.
8462.91.80.90OtherNo.
8462.99.40Numerically controlled0.00%Free (A,AU,BH,CA,CL,CO,D,E,IL,JO,KR,MA,MX,OM,P,PA,PE,S,SG)30.00%
8462.99.40.10Used or rebuiltNo.
8462.99.80Other0.00%Free (A,AU,BH,CA,CL,CO,D,E,IL,JO,JP,KR,MA,MX,OM,P,PA,PE,S,SG)30.00%
8462.99.80.20Other, valued under $3,025 eachNo.
8462.99.80.45Mechanical pressesNo.

Get Upto 95% Working Capital Of Your Invoice Value Within 24 Hours