Chapter 26 of the GST framework covers Ores, Slag And Ash, and HSN Code 26110000 specifically identifies Tungsten Ores And Concentrates for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Tungsten Ores And Concentrates. Tax rates applicable include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05 for interstate movements. The standard 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 26110000

The tax structure for Tungsten Ores And Concentrates under HSN Code 26110000 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in 0 as the standard measurement for goods under Chapter 26 – Ores, Slag And Ash.

Who Should Use HSN Code 26110000?

All businesses supplying Tungsten Ores And Concentrates are obligated to use HSN 26110000 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

Looking to deal in Tungsten Ores And Concentrates? GST registration is your first compliance requirement for HSN 26110000 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

Correct HSN Code 26110000 application for Tungsten Ores And Concentrates ensures smooth input credit utilization and assessment processes. Track 0.025, 0.025, and 0.05 rate changes for Chapter 26 – Ores, Slag And Ash through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 26110000 should I mention on invoices?

The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 26110000 for accurate classification of Tungsten Ores And Concentrates.

Can I claim input tax credit on Tungsten Ores And Concentrates purchases?

Yes, registered businesses can claim input tax credit on Tungsten Ores And Concentrates purchases made under HSN 26110000. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.

What is the difference between CGST and IGST for HSN 26110000?

CGST at 0.025 plus SGST/UTGST at 0.025 applies when Tungsten Ores And Concentrates is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Tungsten Ores And Concentrates domestically?

No, Import Export Code is only required if you plan to import or export Tungsten Ores And Concentrates internationally. For domestic trade within Ores, Slag And Ash, GST registration is sufficient.

More HSN codes from Chapter 26

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