Chapter 25 of the GST framework covers Mineral Products-Salt; Sulphu, and HSN Code 25249024 specifically identifies Asbestos - Other --- 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 - Other --- 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 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 25249024
For Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite classified under HSN Code 25249024, 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 25249024?
Manufacturers, wholesalers, retailers, and exporters dealing in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite are required to mention HSN 25249024 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
Entering the Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite market requires essential registrations. GST registration enables legal tax collection on HSN 25249024 goods. For cross-border trade in Mineral Products-Salt; Sulphu items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 25249024 for Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite 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)
What is HSN Code 25249024 used for?
HSN Code 25249024 is used to classify Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite under Chapter 25 – Mineral Products-Salt; Sulphu for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 25249024?
For Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Do I need GST registration to trade in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite?
Yes, GST registration is mandatory for businesses dealing in Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite under HSN 25249024. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Asbestos - Other --- Fibre Raw, Beaten Or Washed Or Graded To Length ---- Amosite?
For importing goods under Mineral Products-Salt; Sulphu, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
