Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base
Under the Harmonized System of Nomenclature (HSN), the code 8301 specifically identifies padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.
"Classifying padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base correctly is critical to avoid litigation. While the base rate is 18%, always check for anti-dumping duties if importing, especially under the Metal Products category. AasanKhata automatically monitors these shifts for you."