Within Chapter 26 – Ores, Slag And Ash, HSN Code 26011141 serves as the official classification for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe. This code determines tax rates and compliance obligations for all entities trading in ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in kg..
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... | 26011121 | ---Iron Ore Lumps (60% Fe Or More)--- Below 55% 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... | 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 26011141
For ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe classified under HSN Code 26011141, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Ores, Slag And Ash under Chapter 26.
Who Should Use HSN Code 26011141?
All businesses supplying ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe are obligated to use HSN 26011141 on tax invoices. From producers to retailers within Ores, Slag And Ash, Chapter 26 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Entering the ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe market requires essential registrations. GST registration enables legal tax collection on HSN 26011141 goods. For cross-border trade in Ores, Slag And Ash 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 26011141 for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 26 – Ores, Slag And Ash should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Official GST rates for ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe under HSN 26011141 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Yes, online marketplaces and e-commerce operators selling ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe must mention HSN Code 26011141 on invoices. This Ores, Slag And Ash classification applies to all sales channels under Chapter 26.
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 26011141.
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.