Within Chapter 25 – Mineral Products-Salt; Sulphu, HSN Code 25249023 serves as the official classification for Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite. This code determines tax rates and compliance obligations for all entities trading in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in kg..
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 25249023
The tax structure for Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite under HSN Code 25249023 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 kg. as the standard measurement for goods under Chapter 25 – Mineral Products-Salt; Sulphu.
Who Should Use HSN Code 25249023?
Manufacturers, wholesalers, retailers, and exporters dealing in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite are required to mention HSN 25249023 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 ---- Crysolite? GST registration is your first compliance requirement for HSN 25249023 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
Using HSN Code 25249023 accurately for Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 25 – Mineral Products-Salt; Sulphu to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 25249023 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 25249023 for accurate classification of Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite.
Can I claim input tax credit on Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite purchases?
Yes, registered businesses can claim input tax credit on Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite purchases made under HSN 25249023. 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 25249023?
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Crysolite 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 ---- Crysolite 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 ---- Crysolite internationally. For domestic trade within Mineral Products-Salt; Sulphu, GST registration is sufficient.
