26140090 is the designated HSN classification for Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other, categorized under Chapter 26 – Ores, Slag And Ash in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Quantities are measured in kg. for billing purposes.
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 26140090
For Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other classified under HSN Code 26140090, tax computation follows GST principles. CGST at 0.025 plus SGST/UTGST at 0.025 covers intrastate sales. IGST at 0.05 applies to interstate transactions. kg. is the prescribed measurement for Ores, Slag And Ash under Chapter 26.
Who Should Use HSN Code 26140090?
All businesses supplying Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other are obligated to use HSN 26140090 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
Entering the Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other market requires essential registrations. GST registration enables legal tax collection on HSN 26140090 goods. For cross-border trade in Ores, Slag And Ash items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate HSN Code 26140090 usage for Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 26 – Ores, Slag And Ash to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 26140090 is used to classify Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other 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: Other, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.
Yes, GST registration is mandatory for businesses dealing in Titanium Ores And Concen Trates - Titanium Ores And Concentrates: Other under HSN 26140090. 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.