Banks, transport operators, hotels and retailers issue magnetic stripe cards.
HSN code 85232100 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
Magnetic media: cards incorporating a magnetic stripe, plastic cards with a magnetic strip for payment, identity, access and loyalty use.
State card standard (ISO 7810), coercivity (HiCo or LoCo) and print specification, and secure shipments of blank payment cards. Recorded and blank media must not carry pirated or unlicensed content: provide content rights or blank-media declarations, check destination copyright levy and censorship rules, pack in cartons with dividers to avoid scratches, and keep away from heat, moisture and magnetic fields.
Related HSN Codes (Heading 8523)
- 8523(a) Solid-state non-volatile storage devices"" (for example, ""flash memory cards"" or ""flash electronic storage cards"") are storage devices with a connecting socket, comprising in the same housing one or more flash memories (for example, ""FLASH E²PROM"") in the form of integrated circuits mounteFree
- 852329Magnetic media : -- OtherFree
- 85232910Audio cassettesFree
- 85232920Video cassetteFree
- 85232930hubs and reels, rolls, pancakes and jumbo rollsFree
- 85232940" and 1" video cassettesFree
Frequently Asked Questions
No. HSN 85232100 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
They are magnetic stripe cards for payment and access.
HSN 85232100 falls under Chapter 85 and Heading 8523 of India's customs tariff schedule.
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