Chapter 25 of the GST framework covers Mineral Products-Salt; Sulphu, and HSN Code 25240022 specifically identifies Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard unit of measurement is 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... | 25041020 | 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% |
GST Rates for HSN 25240022
For Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite classified under HSN Code 25240022, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. N.a is the prescribed measurement for Mineral Products-Salt; Sulphu under Chapter 25.
Who Should Use HSN Code 25240022?
Every entity transacting in Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite must quote HSN Code 25240022 on invoices. This includes traders, distributors, and e-commerce sellers operating under Mineral Products-Salt; Sulphu. Chapter 25 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Planning to trade in Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite? Complete GST registration to legally collect taxes on goods under HSN 25240022. Businesses importing or exporting Mineral Products-Salt; Sulphu products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 25240022 for Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 25 – Mineral Products-Salt; Sulphu through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 25240022?
Official GST rates for Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite under HSN 25240022 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.
Do online marketplaces need to mention HSN 25240022?
Yes, online marketplaces and e-commerce operators selling Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite must mention HSN Code 25240022 on invoices. This Mineral Products-Salt; Sulphu classification applies to all sales channels under Chapter 25.
What documents are needed for company registration to trade in Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite under HSN 25240022.
How often do GST rates change for Mineral Products-Salt; Sulphu products?
GST rates for Asbestos - Asbestos: Fibre Raw, Beaten Or Washed Or Graded To Length : Amosite 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.
