Within Chapter 28 – Inorganic Chemicals, Organic, HSN Code 28241010 serves as the official classification for Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge. This code determines tax rates and compliance obligations for all entities trading in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in 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 28241010

Tax liability for Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge under HSN 28241010 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 28 – Inorganic Chemicals, Organic products must use N.a.

Who Should Use HSN Code 28241010?

All businesses supplying Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge are obligated to use HSN 28241010 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

Looking to deal in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge? GST registration is your first compliance requirement for HSN 28241010 goods. International traders in Inorganic Chemicals, Organic 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

Using HSN Code 28241010 accurately for Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 28 – Inorganic Chemicals, Organic to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 28241010?

The standard unit of measurement for Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge under HSN Code 28241010 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 28241010 mandatory for small businesses?

Yes, businesses dealing in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge must use HSN 28241010 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 Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 28241010 for Inorganic Chemicals, Organic goods before invoicing.

Do I need AD Code registration for exporting Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge?

Yes, AD Code registration is required for exporters dealing in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Litharge under Inorganic Chemicals, Organic. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 28

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