28323020 is the designated HSN classification for Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate, categorized under Chapter 28 – Inorganic Chemicals, Organic in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate 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 kg. 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 28323020
The tax structure for Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate under HSN Code 28323020 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 28 – Inorganic Chemicals, Organic.
Who Should Use HSN Code 28323020?
Manufacturers, wholesalers, retailers, and exporters dealing in Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate are required to mention HSN 28323020 on all tax documents. This classification under Inorganic Chemicals, Organic applies to businesses of all sizes operating within Chapter 28. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate? GST registration is your first compliance requirement for HSN 28323020 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
Correct HSN Code 28323020 application for Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 28 – Inorganic Chemicals, Organic through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 28323020 used for?
HSN Code 28323020 is used to classify Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate under Chapter 28 – Inorganic Chemicals, Organic 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 28323020?
For Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate?
Yes, GST registration is mandatory for businesses dealing in Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate under HSN 28323020. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Sulphites; Thiosulphates - Thiosulphates : Magnesium Thiosulphate?
For importing goods under Inorganic Chemicals, Organic, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
