28418020 is the designated HSN classification for Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate, categorized under Chapter 28 – Inorganic Chemicals, Organic in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate 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 28418020
For Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate classified under HSN Code 28418020, 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. kg. is the prescribed measurement for Inorganic Chemicals, Organic under Chapter 28.
Who Should Use HSN Code 28418020?
Manufacturers, wholesalers, retailers, and exporters dealing in Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate are required to mention HSN 28418020 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
Starting a business involving Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate? GST registration is mandatory for collecting and remitting taxes on HSN 28418020 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
Accurate HSN Code 28418020 usage for Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate 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 28418020 belong to?
HSN Code 28418020 falls under Chapter 28 – Inorganic Chemicals, Organic in the GST tariff schedule. This chapter covers various goods including Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate.
Is IGST applicable on Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate?
Yes, IGST at 18.00% is applicable when Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate 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 28418020?
Yes, e-commerce sellers dealing in Salts Of Oxometallic Or Peroxometallic Acids - Tungstates (Wolframates) : Magnesium Tungstate must use HSN 28418020 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.
