25249021 is the designated HSN classification for Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile, categorized under Chapter 25 – Mineral Products-Salt; Sulphu in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in kg. for billing purposes.

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 25249021

For Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile classified under HSN Code 25249021, 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. kg. is the prescribed measurement for Mineral Products-Salt; Sulphu under Chapter 25.

Who Should Use HSN Code 25249021?

Manufacturers, wholesalers, retailers, and exporters dealing in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile are required to mention HSN 25249021 on all tax documents. This classification under Mineral Products-Salt; Sulphu applies to businesses of all sizes operating within Chapter 25. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Looking to deal in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile? GST registration is your first compliance requirement for HSN 25249021 goods. International traders in Mineral Products-Salt; Sulphu products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Proper use of HSN Code 25249021 for Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile 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)

How many digits of HSN Code 25249021 should I mention on invoices?

The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 25249021 for accurate classification of Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile.

Can I claim input tax credit on Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile purchases?

Yes, registered businesses can claim input tax credit on Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile purchases made under HSN 25249021. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.

What is the difference between CGST and IGST for HSN 25249021?

CGST at 2.50% plus SGST/UTGST at 2.50% applies when Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile domestically?

No, Import Export Code is only required if you plan to import or export Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Chrysotile internationally. For domestic trade within Mineral Products-Salt; Sulphu, GST registration is sufficient.

More HSN codes from Chapter 25

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