Chapter 68 of the GST framework covers Articles Of Stone, Plaster, C, and HSN Code 68132010 specifically identifies Brake Lining And Pads Containing Asbestos for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Brake Lining And Pads Containing Asbestos. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 68 – Articles Of Stone, Plaster, C
Below are related HSN codes from Chapter 68 – Articles Of Stone, Plaster, C for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Stone, Plaster, C... | 68010000 | Setts, Curbstones And Flagstones, Of Natural Stone... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68021000 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68022110 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022120 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022190 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022200 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68022310 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022390 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68022900 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68029100 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 68132010
Goods classified as Brake Lining And Pads Containing Asbestos under HSN 68132010 are taxed based on transaction type. Local sales attract CGST at 9.00% plus SGST/UTGST at 9.00%. For supplies crossing state boundaries, IGST at 18.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 68 – Articles Of Stone, Plaster, C products.
Who Should Use HSN Code 68132010?
Traders, manufacturers, and importers of Brake Lining And Pads Containing Asbestos are required to mention HSN Code 68132010 on all GST documents. This Articles Of Stone, Plaster, C classification under Chapter 68 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Starting a business involving Brake Lining And Pads Containing Asbestos? GST registration is mandatory for collecting and remitting taxes on HSN 68132010 goods. Companies planning international trade within Articles Of Stone, Plaster, C 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
Proper use of HSN Code 68132010 for Brake Lining And Pads Containing Asbestos streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 68 – Articles Of Stone, Plaster, C through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 68132010 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 68132010 for accurate classification of Brake Lining And Pads Containing Asbestos.
Can I claim input tax credit on Brake Lining And Pads Containing Asbestos purchases?
Yes, registered businesses can claim input tax credit on Brake Lining And Pads Containing Asbestos purchases made under HSN 68132010. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 68132010?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Brake Lining And Pads Containing Asbestos is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Brake Lining And Pads Containing Asbestos domestically?
No, Import Export Code is only required if you plan to import or export Brake Lining And Pads Containing Asbestos internationally. For domestic trade within Articles Of Stone, Plaster, C, GST registration is sufficient.
