Under the GST regime, HSN Code 26011121 classifies ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe within Chapter 26 – Ores, Slag And Ash. This code is essential for businesses to correctly calculate and remit taxes on ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using N.a.
HSN Codes under Chapter 26 – Ores, Slag And Ash
Below are related HSN codes from Chapter 26 – Ores, Slag And Ash for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Ores, Slag And Ash... | 26011111 | ---Iron Ore Lumps (60% Fe Or More)---60% Fe Or Mor... | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011112 | ---Iron Ore Lumps (60% Fe Or More)---62% Fe Or Mor... | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011119 | ---Iron Ore Lumps (60% Fe Or More)--- Above 65% Fe | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011122 | ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or Mo... | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011129 | ---Iron Ore Lumps (60% Fe Or More)--- 58% Fe Or Mo... | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011131 | ---Iron Ore Lumps (60% Fe Or More)--- 62% Fe Or Mo... | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011139 | ---Iron Ore Lumps (60% Fe Or More)--- Above 65% Fe | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011141 | ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011142 | ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or Mo... | 9.00% | 9.00% | 18.00% |
| Ores, Slag And Ash... | 26011143 | ---Iron Ore Lumps (60% Fe Or More)--- 58% Fe Or Mo... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 26011121
Tax liability for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe under HSN 26011121 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 26 – Ores, Slag And Ash products must use N.a.
Who Should Use HSN Code 26011121?
Manufacturers, wholesalers, retailers, and exporters dealing in ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe are required to mention HSN 26011121 on all tax documents. This classification under Ores, Slag And Ash applies to businesses of all sizes operating within Chapter 26. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe? GST registration is your first compliance requirement for HSN 26011121 goods. International traders in Ores, Slag And Ash 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 26011121 accurately for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 26 – Ores, Slag And Ash to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 26011121?
Official GST rates for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe under HSN 26011121 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 26011121?
Yes, online marketplaces and e-commerce operators selling ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe must mention HSN Code 26011121 on invoices. This Ores, Slag And Ash classification applies to all sales channels under Chapter 26.
What documents are needed for company registration to trade in ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe under HSN 26011121.
How often do GST rates change for Ores, Slag And Ash products?
GST rates for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe and other Ores, Slag And Ash products under Chapter 26 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
