Under the GST regime, HSN Code 26159010 classifies Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates within Chapter 26 – Ores, Slag And Ash. This code is essential for businesses to correctly calculate and remit taxes on Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates. 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 26159010

For Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates classified under HSN Code 26159010, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. kg. is the prescribed measurement for Ores, Slag And Ash under Chapter 26.

Who Should Use HSN Code 26159010?

Every entity transacting in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates must quote HSN Code 26159010 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

Starting a business involving Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates? GST registration is mandatory for collecting and remitting taxes on HSN 26159010 goods. Companies planning international trade within Ores, Slag And Ash must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.

Why Correct Classification Matters

Using HSN Code 26159010 accurately for Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 26 – Ores, Slag And Ash to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is HSN Code 26159010 used for?

HSN Code 26159010 is used to classify Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates under Chapter 26 – Ores, Slag And Ash for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 26159010?

For Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.

Do I need GST registration to trade in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates?

Yes, GST registration is mandatory for businesses dealing in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates under HSN 26159010. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Vanadium Ores And Concentrates?

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.

More HSN codes from Chapter 26

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