Speaker, motor and electronics makers use ferrite magnets for low-cost magnetic fields.
HSN code 85051110 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
Permanent magnets and articles intended to become permanent magnets after magnetisation: ferrite cores and ferrite magnets of metal, used in speakers, motors and appliances.
Magnets may affect compasses and air shipment rules; state grade and dimensions, and pack with keepers or spacers. Transformers and power electronics ship with bushings, radiators and terminals protected, on skids with lifting lugs; state kVA, voltage ratio, cooling class and efficiency level, provide routine and type test reports, and check destination rules such as EU Ecodesign, BIS and safety marks.
Related HSN Codes (Heading 8505)
- 8505INTENDED TO BECOME PERMANENT MAGNETS AFTER MAGNETISATION; ELECTRO-MAGNETIC ORFree
- 850511intended to become permanent magnets after magnetisation : -- Of metalFree
- 85051190OtherFree
- 85051900intended to become permanent magnets after magnetisation : -- OtherFree
- 85052000Electro-magnetic couplings, clutchesFree
- 85059000Other, including partsFree
Frequently Asked Questions
No. HSN 85051110 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
They are ferrite permanent magnets.
HSN 85051110 falls under Chapter 85 and Heading 8505 of India's customs tariff schedule.
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