Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 8408 specifically identifies fixed speed diesel engines of power not exceeding 15hp for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 2.5% + SGST 2.5%

Inter-State Split

IGST 5%

Compliance Check-list

✓Mention HSN 8408 on all Tax Invoices for fixed speed diesel engines of power not exceeding 15hp
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 8408

"Classifying fixed speed diesel engines of power not exceeding 15hp correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Machinery category. AasanKhata automatically monitors these shifts for you."