Chapter 28 of the GST framework covers Inorganic Chemicals, Organic, and HSN Code 28402090 specifically identifies Borates; Peroxoborates (Perborates) - Other Borates : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Borates; Peroxoborates (Perborates) - Other Borates : Other. Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 for interstate movements. The standard unit of measurement is kg..

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 28402090

Tax liability for Borates; Peroxoborates (Perborates) - Other Borates : Other under HSN 28402090 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 28 – Inorganic Chemicals, Organic products must use kg..

Who Should Use HSN Code 28402090?

Every entity transacting in Borates; Peroxoborates (Perborates) - Other Borates : Other must quote HSN Code 28402090 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 Borates; Peroxoborates (Perborates) - Other Borates : Other? GST registration is your first compliance requirement for HSN 28402090 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 28402090 accurately for Borates; Peroxoborates (Perborates) - Other Borates : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 28 – Inorganic Chemicals, Organic to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 28402090 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 28402090 for accurate classification of Borates; Peroxoborates (Perborates) - Other Borates : Other.

Can I claim input tax credit on Borates; Peroxoborates (Perborates) - Other Borates : Other purchases?

Yes, registered businesses can claim input tax credit on Borates; Peroxoborates (Perborates) - Other Borates : Other purchases made under HSN 28402090. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 28402090?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Borates; Peroxoborates (Perborates) - Other Borates : Other is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Borates; Peroxoborates (Perborates) - Other Borates : Other domestically?

No, Import Export Code is only required if you plan to import or export Borates; Peroxoborates (Perborates) - Other Borates : Other internationally. For domestic trade within Inorganic Chemicals, Organic, GST registration is sufficient.

More HSN codes from Chapter 28

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