26011142 is the designated HSN classification for ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe, categorized under Chapter 26 – Ores, Slag And Ash in the GST tariff structure. Businesses involved in trading, manufacturing, or importing ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.

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... 26011141 ---Iron Ore Lumps (60% Fe Or More)--- Below 55% Fe 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 26011142

The taxation of ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe under HSN Code 26011142 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Ores, Slag And Ash goods under Chapter 26.

Who Should Use HSN Code 26011142?

Traders, manufacturers, and importers of ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe are required to mention HSN Code 26011142 on all GST documents. This Ores, Slag And Ash classification under Chapter 26 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Looking to deal in ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe? GST registration is your first compliance requirement for HSN 26011142 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 26011142 accurately for ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% 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 26011142?

Official GST rates for ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe under HSN 26011142 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 26011142?

Yes, online marketplaces and e-commerce operators selling ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% Fe must mention HSN Code 26011142 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)--- 55% Fe Or More But Below 58% 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)--- 55% Fe Or More But Below 58% Fe under HSN 26011142.

How often do GST rates change for Ores, Slag And Ash products?

GST rates for ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or More But Below 58% 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.

More HSN codes from Chapter 26

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