Under the GST regime, HSN Code 26131000 classifies Molybdenum Ores And Concentrates - Roasted within Chapter 26 – Ores, Slag And Ash. This code is essential for businesses to correctly calculate and remit taxes on Molybdenum Ores And Concentrates - Roasted. The applicable rates are CGST at 0.025, SGST/UTGST at 0.025 for within-state sales, and IGST at 0.05 for interstate supplies. Goods are quantified using 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... | 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 26131000
Tax liability for Molybdenum Ores And Concentrates - Roasted under HSN 26131000 varies by transaction geography. CGST at 0.025 combined with SGST/UTGST at 0.025 applies to local sales. Interstate movement attracts IGST at 0.05. All billing for Chapter 26 – Ores, Slag And Ash products must use kg..
Who Should Use HSN Code 26131000?
Traders, manufacturers, and importers of Molybdenum Ores And Concentrates - Roasted are required to mention HSN Code 26131000 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 Molybdenum Ores And Concentrates - Roasted? GST registration is your first compliance requirement for HSN 26131000 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
Accurate application of HSN Code 26131000 for Molybdenum Ores And Concentrates - Roasted enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 26 – Ores, Slag And Ash should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Molybdenum Ores And Concentrates - Roasted under HSN Code 26131000 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Molybdenum Ores And Concentrates - Roasted must use HSN 26131000 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 26131000 for Ores, Slag And Ash goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Molybdenum Ores And Concentrates - Roasted under Ores, Slag And Ash. This registration links your bank account to process foreign currency payments from overseas buyers.