Under the GST regime, HSN Code 26140031 classifies Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand within Chapter 26 – Ores, Slag And Ash. This code is essential for businesses to correctly calculate and remit taxes on Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% 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 26140031
The taxation of Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand under HSN Code 26140031 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use kg. for Ores, Slag And Ash goods under Chapter 26.
Who Should Use HSN Code 26140031?
Every entity transacting in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand must quote HSN Code 26140031 on invoices. This includes traders, distributors, and e-commerce sellers operating under Ores, Slag And Ash. Chapter 26 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Planning to trade in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand? Complete GST registration to legally collect taxes on goods under HSN 26140031. Businesses importing or exporting Ores, Slag And Ash products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Accurate application of HSN Code 26140031 for Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 26 – Ores, Slag And Ash should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 26140031 is used to classify Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand under Chapter 26 – Ores, Slag And Ash for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Yes, GST registration is mandatory for businesses dealing in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Rare Earth Oxides Including Rutile Sand under HSN 26140031. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Ores, Slag And Ash, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.