HSN Code 25249031 provides the tax classification for Asbestos - Other --- Flakes Or Powder ---- Chrysotile under Chapter 25 – Mineral Products-Salt; Sulphu of the GST tariff. Businesses dealing in Asbestos - Other --- Flakes Or Powder ---- Chrysotile must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00%. The recognized 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 25249031

Tax liability for Asbestos - Other --- Flakes Or Powder ---- Chrysotile under HSN 25249031 varies by transaction geography. CGST at 2.50% combined with SGST/UTGST at 2.50% applies to local sales. Interstate movement attracts IGST at 5.00%. All billing for Chapter 25 – Mineral Products-Salt; Sulphu products must use kg..

Who Should Use HSN Code 25249031?

Manufacturers, wholesalers, retailers, and exporters dealing in Asbestos - Other --- Flakes Or Powder ---- Chrysotile are required to mention HSN 25249031 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 --- Flakes Or Powder ---- Chrysotile market requires essential registrations. GST registration enables legal tax collection on HSN 25249031 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

Proper use of HSN Code 25249031 for Asbestos - Other --- Flakes Or Powder ---- 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)

Where can I find the official GST rate for HSN 25249031?

Official GST rates for Asbestos - Other --- Flakes Or Powder ---- Chrysotile under HSN 25249031 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 25249031?

Yes, online marketplaces and e-commerce operators selling Asbestos - Other --- Flakes Or Powder ---- Chrysotile must mention HSN Code 25249031 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 - Other --- Flakes Or Powder ---- Chrysotile?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Asbestos - Other --- Flakes Or Powder ---- Chrysotile under HSN 25249031.

How often do GST rates change for Mineral Products-Salt; Sulphu products?

GST rates for Asbestos - Other --- Flakes Or Powder ---- Chrysotile 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.

More HSN codes from Chapter 25

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