HSN Code 26040000 provides the tax classification for Nickel Ores And Concentrates under Chapter 26 – Ores, Slag And Ash of the GST tariff. Businesses dealing in Nickel Ores And Concentrates must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is 0.

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... 26011142 ---Iron Ore Lumps (60% Fe Or More)--- 55% Fe Or Mo... 9.00% 9.00% 18.00%

GST Rates for HSN 26040000

Goods classified as Nickel Ores And Concentrates under HSN 26040000 are taxed based on transaction type. Local sales attract CGST at 0.09 plus SGST/UTGST at 0.09. For supplies crossing state boundaries, IGST at 0.18 applies. Documentation must reflect 0 as the measurement standard for Chapter 26 – Ores, Slag And Ash products.

Who Should Use HSN Code 26040000?

All businesses supplying Nickel Ores And Concentrates are obligated to use HSN 26040000 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

Commencing trade in Nickel Ores And Concentrates? Secure GST registration to handle taxes on HSN 26040000 classified goods. Businesses with international operations in Ores, Slag And Ash need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Using HSN Code 26040000 accurately for Nickel Ores And Concentrates avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 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 26040000?

Official GST rates for Nickel Ores And Concentrates under HSN 26040000 are published in government notifications and the CBIC website. Current rates are CGST 0.09, SGST/UTGST 0.09, and IGST 0.18.

Do online marketplaces need to mention HSN 26040000?

Yes, online marketplaces and e-commerce operators selling Nickel Ores And Concentrates must mention HSN Code 26040000 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 Nickel Ores And Concentrates?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Nickel Ores And Concentrates under HSN 26040000.

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

GST rates for Nickel Ores And Concentrates and other Ores, Slag And Ash products under Chapter 26 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.09, 0.09, and 0.18 revisions.

More HSN codes from Chapter 26

Back to Top