Banks, retailers and casinos count and wrap coins and notes quickly and accurately.
HSN code 84729040 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
Coin counting or wrapping machines and banknote counting machines used to count, sort and wrap cash.
Banknote counters need currency data sets for the destination; state counting speed and detection features. Office machines need electrical safety marks and correct voltage for the destination; pack in original or foam-lined cartons with accessories and manuals, and state model, speed and capacity on the invoice.
Related HSN Codes (Heading 8472)
Frequently Asked Questions
No. HSN 84729040 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
They are coin and banknote counting machines.
HSN 84729040 falls under Chapter 84 and Heading 8472 of India's customs tariff schedule.
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