Question 1

What is HS code 8504.23?

Accepted Answer

HS code 8504.23 covers: Power transformers > 10,000 kVA. It belongs to chapter 85 — Electrical machinery. The first 6 digits are standardized worldwide; India extends this to 8-digit ITC-HS codes and the EU to 10-digit TARIC codes.

Question 2

What is the EU import duty for HS 8504.23?

Accepted Answer

The indicative EU Common External Tariff for HS 8504.23 is 2.7%. Destination-country VAT applies on top (on the customs value plus duty). Verify the exact 10-digit TARIC rate for your product variant.

Question 3

Which taxes apply when importing HS 8504.23 into India?

Accepted Answer

Imports into India pay Basic Customs Duty by classification, a 10% Social Welfare Surcharge on the BCD, and IGST (18% for this code) on the assessable value. Use our India Import Duty Calculator for a full breakdown.

EU Import Duty	2.7%
India Export Duty	0%
IGST (India)	18%
VAT (Germany ref.)	19%

HS Code 8504.23

Related codes in chapter 85