HSN Code 31024000 provides the tax classification for Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances under Chapter 31 – Fertilizers of the GST tariff. Businesses dealing in Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances 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 31024000
Goods classified as Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances under HSN 31024000 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 31024000?
Every entity transacting in Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances must quote HSN Code 31024000 on invoices. This includes traders, distributors, and e-commerce sellers operating under Fertilizers. Chapter 31 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances? GST registration is your first compliance requirement for HSN 31024000 goods. International traders in Fertilizers 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 31024000 application for Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances 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 the unit of measurement for HSN 31024000?
The standard unit of measurement for Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances under HSN Code 31024000 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 31024000 mandatory for small businesses?
Yes, businesses dealing in Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances must use HSN 31024000 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 31024000 for Fertilizers goods before invoicing.
Do I need AD Code registration for exporting Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances?
Yes, AD Code registration is required for exporters dealing in Mineral Or Chemical Fertilisers, Nitrogenous Mixtures Of Ammonium Nitrate With Calcium Carbonate Or Other Inorganic Non-Fertilising Substances under Fertilizers. This registration links your bank account to process foreign currency payments from overseas buyers.
