Within Chapter 31 – Fertilizers, HSN Code 31049000 serves as the official classification for Mineral Or Chemical Fertilisers, Potassic Other. This code determines tax rates and compliance obligations for all entities trading in Mineral Or Chemical Fertilisers, Potassic Other. CGST applies at 2.5/9%, SGST/UTGST at 2.5/9% for local transactions, and IGST at 5/18% for interstate supplies. Measurement is standardized in 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 31049000
The taxation of Mineral Or Chemical Fertilisers, Potassic Other under HSN Code 31049000 depends on supply location. Intrastate transactions require CGST at 2.5/9% and SGST/UTGST at 2.5/9%. Interstate supplies are charged IGST at 5/18%. Invoices should consistently use kg. for Fertilizers goods under Chapter 31.
Who Should Use HSN Code 31049000?
All businesses supplying Mineral Or Chemical Fertilisers, Potassic Other are obligated to use HSN 31049000 on tax invoices. From producers to retailers within Fertilizers, Chapter 31 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Entering the Mineral Or Chemical Fertilisers, Potassic Other market requires essential registrations. GST registration enables legal tax collection on HSN 31049000 goods. For cross-border trade in Fertilizers items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 31049000 for Mineral Or Chemical Fertilisers, Potassic Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 31 – Fertilizers should monitor rate updates (2.5/9%, 2.5/9%, 5/18%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 31049000 belong to?
HSN Code 31049000 falls under Chapter 31 – Fertilizers in the GST tariff schedule. This chapter covers various goods including Mineral Or Chemical Fertilisers, Potassic Other.
Is IGST applicable on Mineral Or Chemical Fertilisers, Potassic Other?
Yes, IGST at 5/18% is applicable when Mineral Or Chemical Fertilisers, Potassic Other is supplied interstate or imported. For local sales within a state, CGST at 2.5/9% and SGST/UTGST at 2.5/9% apply instead.
Can e-commerce sellers use HSN Code 31049000?
Yes, e-commerce sellers dealing in Mineral Or Chemical Fertilisers, Potassic Other must use HSN 31049000 on their invoices. This applies to all online platforms operating under Fertilizers classification.
How do I start an import business for Fertilizers goods?
To import goods under Fertilizers, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
