31041000 is the designated HSN classification for Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts, categorized under Chapter 31 – Fertilizers in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in N.a for billing purposes.
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 31041000
The tax structure for Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts under HSN Code 31041000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 31 – Fertilizers.
Who Should Use HSN Code 31041000?
Every entity transacting in Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts must quote HSN Code 31041000 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, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts? GST registration is your first compliance requirement for HSN 31041000 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
Accurate HSN Code 31041000 usage for Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 31 – Fertilizers to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 31041000 used for?
HSN Code 31041000 is used to classify Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts 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 31041000?
For Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.
Do I need GST registration to trade in Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts?
Yes, GST registration is mandatory for businesses dealing in Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts under HSN 31041000. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Mineral Or Chemical Fertilisers, Potassic Carnallite, Sylvite And Other Crude Natural Potassium Salts?
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.
