HSN Code 31023000 provides the tax classification for Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution under Chapter 31 – Fertilizers of the GST tariff. Businesses dealing in Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.5%/9%, SGST/UTGST at 2.5%/9%, and IGST at 5%/18%. The recognized unit of measurement is kg..
HSN Codes under Chapter 31 – Fertilizers
Below are related HSN codes from Chapter 31 – Fertilizers for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Fertilizers... | 31010010 | Animal Or Vegetable Fertilisers, Whether Or Not Mi... | Nil/2.5% | Nil/2.5% | Nil/5% |
| Fertilizers... | 31010091 | Animal Or Vegetable Fertilisers, Whether Or Not Mi... | Nil/2.5% | Nil/2.5% | Nil/5% |
| Fertilizers... | 31010092 | Animal Or Vegetable Fertilisers, Whether Or Not Mi... | Nil/2.5% | Nil/2.5% | Nil/5% |
| Fertilizers... | 31010099 | Animal Or Vegetable Fertilisers, Whether Or Not Mi... | Nil/2.5% | Nil/2.5% | Nil/5% |
| Fertilizers... | 31021000 | Mineral Or Chemical Fertilisers, Nitrogenous Urea,... | 2.5%/9% | 2.5%/9% | 5%/18% |
| Fertilizers... | 31021010 | Mineral Or Chemical Fertilizers, Nitrogenous- Ure... | 2.5%/9% | 2.5%/9% | 5%/18% |
| Fertilizers... | 31021090 | Mineral Or Chemical Fertilizers, Nitrogenous - Ure... | 2.5%/9% | 2.5%/9% | 5%/18% |
| Fertilizers... | 31022100 | Mineral Or Chemical Fertilisers, Nitrogenous Ammon... | 2.5%/9% | 2.5%/9% | 5%/18% |
| Fertilizers... | 31022910 | Mineral Or Chemical Fertilisers, Nitrogenous Ammon... | 2.5%/9% | 2.5%/9% | 5%/18% |
| Fertilizers... | 31022990 | Mineral Or Chemical Fertilisers, Nitrogenous Ammon... | 2.5%/9% | 2.5%/9% | 5%/18% |
GST Rates for HSN 31023000
Goods classified as Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution under HSN 31023000 are taxed based on transaction type. Local sales attract CGST at 2.5%/9% plus SGST/UTGST at 2.5%/9%. For supplies crossing state boundaries, IGST at 5%/18% applies. Documentation must reflect kg. as the measurement standard for Chapter 31 – Fertilizers products.
Who Should Use HSN Code 31023000?
Traders, manufacturers, and importers of Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution are required to mention HSN Code 31023000 on all GST documents. This Fertilizers classification under Chapter 31 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Starting a business involving Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution? GST registration is mandatory for collecting and remitting taxes on HSN 31023000 goods. Companies planning international trade within Fertilizers 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
Correct HSN Code 31023000 application for Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution ensures smooth input credit utilization and assessment processes. Track 2.5%/9%, 2.5%/9%, and 5%/18% rate changes for Chapter 31 – Fertilizers through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 31023000 used for?
HSN Code 31023000 is used to classify Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution under Chapter 31 – Fertilizers 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 31023000?
For Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution, CGST applies at 2.5%/9% and SGST/UTGST at 2.5%/9% for intrastate supplies. Interstate transactions are taxed under IGST at 5%/18%.
Do I need GST registration to trade in Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution?
Yes, GST registration is mandatory for businesses dealing in Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution under HSN 31023000. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Mineral Or Chemical Fertilisers, Nitrogenous Ammonium Nitrate, Whether Or Not In Aqueous Solution?
For importing goods under Fertilizers, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
