Within Chapter 26 – Ores, Slag And Ash, HSN Code 26159020 serves as the official classification for Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates. This code determines tax rates and compliance obligations for all entities trading in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Measurement is standardized in 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 26159020
Tax liability for Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates under HSN 26159020 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 26159020?
Every entity transacting in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates must quote HSN Code 26159020 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
Looking to deal in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates? GST registration is your first compliance requirement for HSN 26159020 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
Correct HSN Code 26159020 application for Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates ensures smooth input credit utilization and assessment processes. Track 0.025, 0.025, and 0.05 rate changes for Chapter 26 – Ores, Slag And Ash through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 26159020?
The standard unit of measurement for Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates under HSN Code 26159020 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 26159020 mandatory for small businesses?
Yes, businesses dealing in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates must use HSN 26159020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 26159020 for Ores, Slag And Ash goods before invoicing.
Do I need AD Code registration for exporting Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates?
Yes, AD Code registration is required for exporters dealing in Niobium, Tantalum, Vanadium Or Zirconium Ores And Concentrates - Other : Niobium Or Tantalum Ores And Concentrates under Ores, Slag And Ash. This registration links your bank account to process foreign currency payments from overseas buyers.
