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HS Code:8505111000

Permanent magnets Of rare-earth metals
13%
Value-added tax (VAT) rates
13%
VAT refund rate
SECTIONSECTION 16: MACHINERY AND MECHANICAL APPLIANCES; ELECTRICAL EQUIPMENT; PARTS THEREOF; SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS, AND PARTS AND ACCESSORIES OF SUCH ARTICLES
ChapterChapter 85: Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
HeadingHeading 8505:  Electro-magnets; permanent magnets and articlesintended to become permanent magnets aftermagnetization;electro-magnetic or permanentmagnet chucks
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Tax rebate rate
HS Code
Product Name
VAT Rate
VAT Refund Rate
CIQ Code
8505111000
Permanent magnets Of rare-earth metals
13%
13%
8505111000999

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FAQ

What are Harmonized System (HS) Codes?

HS codes are a standardized numerical method of classifying traded products used by customs authorities worldwide for assessing duties and taxes, as well as for gathering trade statistics.