Chapter 28 of the GST framework covers Inorganic Chemicals, Organic, and HSN Code 28161010 specifically identifies Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard unit of measurement is N.a.
HSN Codes under Chapter 28 – Inorganic Chemicals, Organic
Below are related HSN codes from Chapter 28 – Inorganic Chemicals, Organic for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Inorganic Chemicals, Organic... | 28011000 | Fluorine, Chlorine, Bromine And Iodine - Chlorine | 0.09 | 0.09 | 0.18 |
| Inorganic Chemicals, Organic... | 28012000 | Fluorine, Chlorine, Bromine And Iodine - Iodine | 0.06 | 0.06 | 0.12 |
| Inorganic Chemicals, Organic... | 28013010 | Fluorine, Chlorine, Bromine And Iodine - Fluorine;... | 9.00% | 9.00% | 18.00% |
| Inorganic Chemicals, Organic... | 28013020 | Fluorine, Chlorine, Bromine And Iodine - Fluorine;... | 0.09 | 0.09 | 0.18 |
| Inorganic Chemicals, Organic... | 28020010 | Sulphur, Sublimed Or Precipitated; Colloidal Sulph... | 9.00% | 9.00% | 18.00% |
| Inorganic Chemicals, Organic... | 28020020 | Sulphur, Sublimed Or Precipitated; Colloidal Sulph... | 9.00% | 9.00% | 18.00% |
| Inorganic Chemicals, Organic... | 28020030 | Sulphur, Sublimed Or Precipitated; Colloidal Sulph... | 0.09 | 0.09 | 0.18 |
| Inorganic Chemicals, Organic... | 28030010 | Carbon (Carbon Blacks And Other Forms Of Carbon No... | 9.00% | 9.00% | 18.00% |
| Inorganic Chemicals, Organic... | 28030020 | Carbon (Carbon Blacks And Other Forms Of Carbon No... | 9.00% | 9.00% | 18.00% |
| Inorganic Chemicals, Organic... | 28030090 | Carbon (Carbon Blacks And Other Forms Of Carbon No... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 28161010
For Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium classified under HSN Code 28161010, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. N.a is the prescribed measurement for Inorganic Chemicals, Organic under Chapter 28.
Who Should Use HSN Code 28161010?
All businesses supplying Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium are obligated to use HSN 28161010 on tax invoices. From producers to retailers within Inorganic Chemicals, Organic, Chapter 28 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Starting a business involving Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium? GST registration is mandatory for collecting and remitting taxes on HSN 28161010 goods. Companies planning international trade within Inorganic Chemicals, Organic 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
Proper use of HSN Code 28161010 for Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 28 – Inorganic Chemicals, Organic through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 28161010 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 28161010 for accurate classification of Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium.
Can I claim input tax credit on Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium purchases?
Yes, registered businesses can claim input tax credit on Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium purchases made under HSN 28161010. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 28161010?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium domestically?
No, Import Export Code is only required if you plan to import or export Hydroxide And Peroxide Of Magnesium; Oxides, Hydroxides And Peroxides, Of Strontium Or Barium - Hydroxide And Peroxide Of Magnesium : Hydroxide Of Magnesium internationally. For domestic trade within Inorganic Chemicals, Organic, GST registration is sufficient.
