28241020 is the designated HSN classification for Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot, categorized under Chapter 28 – Inorganic Chemicals, Organic in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in N.a for billing purposes.
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 28241020
For Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot classified under HSN Code 28241020, 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 28241020?
Every entity transacting in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot must quote HSN Code 28241020 on invoices. This includes traders, distributors, and e-commerce sellers operating under Inorganic Chemicals, Organic. Chapter 28 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot? GST registration is your first compliance requirement for HSN 28241020 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
Accurate HSN Code 28241020 usage for Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 28 – Inorganic Chemicals, Organic to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 28241020 belong to?
HSN Code 28241020 falls under Chapter 28 – Inorganic Chemicals, Organic in the GST tariff schedule. This chapter covers various goods including Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot.
Is IGST applicable on Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot?
Yes, IGST at 18.00% is applicable when Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 28241020?
Yes, e-commerce sellers dealing in Lead Oxides; Red Lead And Orange Lead - Lead Monoxide (Litharge, Massicot) : Massicot must use HSN 28241020 on their invoices. This applies to all online platforms operating under Inorganic Chemicals, Organic classification.
How do I start an import business for Inorganic Chemicals, Organic goods?
To import goods under Inorganic Chemicals, Organic, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
