Overview:

Chapter 85 of the Goods and Services Tax (GST) details the various HSN codes applicable to Insulated Wire and related items. The GST rate for these products was revised, effective from 15th November 2017, reducing it from 28% to 18%. Key HSN codes include:

• 8544: This covers Insulated (Including Enamelled or Anodised) Wire, Cable, and other electric conductors, whether fitted with connectors. Optical Fibre Cables with individually sheathed fibres are also included.
• 854411: Particularly applies to wires of Copper.
• 854420: Encompasses Co-Axial Cables and other coaxial electric conductors.
• 85443000: Covers Insulated Wire, Cable, and various electric conductors.
• 854449 & 854451: These codes cover assorted other electric conductors and those specified for voltages exceeding 1000 V.
• 854470: This pertains to Optical Fibre Cables.

Overall, the amendments look to streamline GST rates for different wire and cable products, aligning taxation with revised classifications. Notably, the change effective from July 2017 emphasized reductions in tax brackets to support industrial adaption. For related terms such as SEBI, PAN, KYC, and financial entities like NSDL and CDSL, please refer to specific sector regulations.