Chapter 26 of the GST framework covers Ores, Slag And Ash, and HSN Code 26140039 specifically identifies Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard unit of measurement is 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 26140039
The taxation of Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other under HSN Code 26140039 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 26140039?
Manufacturers, wholesalers, retailers, and exporters dealing in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other are required to mention HSN 26140039 on all tax documents. This classification under Ores, Slag And Ash applies to businesses of all sizes operating within Chapter 26. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other? Complete GST registration to legally collect taxes on goods under HSN 26140039. 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 26140039 for Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other 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)
Official GST rates for Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other under HSN 26140039 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.
Yes, online marketplaces and e-commerce operators selling Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other must mention HSN Code 26140039 on invoices. This Ores, Slag And Ash classification applies to all sales channels under Chapter 26.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other under HSN 26140039.
GST rates for Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Rutile : Other and other Ores, Slag And Ash products under Chapter 26 may change through GST Council recommendations. Monitor official notifications to stay updated on 2.50%, 2.50%, and 5.00% revisions.