Under the GST regime, HSN Code 25041020 classifies Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous within Chapter 25 – Mineral Products-Salt; Sulphu. This code is essential for businesses to correctly calculate and remit taxes on Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% for interstate supplies. Goods are quantified using N.a.
HSN Codes under Chapter 25 – Mineral Products-Salt; Sulphu
Below are related HSN codes from Chapter 25 – Mineral Products-Salt; Sulphu for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Mineral Products-Salt; Sulphu... | 25010010 | Salt (Including Table Salt And Denatured Salt) And... | Nil | Nil | Nil |
| Mineral Products-Salt; Sulphu... | 25010020 | Salt (Including Table Salt And Denatured Salt) And... | Nil | Nil | Nil |
| Mineral Products-Salt; Sulphu... | 25010090 | Salt (Including Table Salt And Denatured Salt) And... | Nil | Nil | Nil |
| Mineral Products-Salt; Sulphu... | 25020000 | Unroasted Iron Pyrites | 0.025 | 0.025 | 0.05 |
| Mineral Products-Salt; Sulphu... | 25030010 | Sulphur Of All Kinds, Other Than Sublimed Sulphur,... | 2.50% | 2.50% | 5.00% |
| Mineral Products-Salt; Sulphu... | 25030090 | Sulphur Of All Kinds, Other Than Sublimed Sulphur,... | 0.025 | 0.025 | 0.05 |
| Mineral Products-Salt; Sulphu... | 25041010 | Natural Graphite - In Powder Or In Flakes:Graphite... | 2.50% | 2.50% | 5.00% |
| Mineral Products-Salt; Sulphu... | 25041090 | Natural Graphite - In Powder Or In Flakes:Other | 0.025 | 0.025 | 0.05 |
| Mineral Products-Salt; Sulphu... | 25049010 | Natural Graphite - Other: Graphite, Micronised | 2.50% | 2.50% | 5.00% |
| Mineral Products-Salt; Sulphu... | 25049090 | Natural Graphite - Other: Other | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 25041020
The tax structure for Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous under HSN Code 25041020 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 25 – Mineral Products-Salt; Sulphu.
Who Should Use HSN Code 25041020?
All businesses supplying Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous are obligated to use HSN 25041020 on tax invoices. From producers to retailers within Mineral Products-Salt; Sulphu, Chapter 25 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous? Secure GST registration to handle taxes on HSN 25041020 classified goods. Businesses with international operations in Mineral Products-Salt; Sulphu need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Accurate application of HSN Code 25041020 for Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 25 – Mineral Products-Salt; Sulphu should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous under HSN 25041020 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.
Yes, online marketplaces and e-commerce operators selling Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous must mention HSN Code 25041020 on invoices. This Mineral Products-Salt; Sulphu classification applies to all sales channels under Chapter 25.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous under HSN 25041020.
GST rates for Natural Graphite - In Powder Or In Flakes:Graphite, Amorphous and other Mineral Products-Salt; Sulphu products under Chapter 25 may change through GST Council recommendations. Monitor official notifications to stay updated on 2.50%, 2.50%, and 5.00% revisions.