Within Chapter 75 – Nickel And Articles Thereof, HSN Code 75052200 serves as the official classification for Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys. This code determines tax rates and compliance obligations for all entities trading in Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys. CGST applies at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Measurement is standardized in kg..

HSN Codes under Chapter 75 – Nickel And Articles Thereof

Below are related HSN codes from Chapter 75 – Nickel And Articles Thereof for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Nickel And Articles Thereof... 75011000 Nickel Mattes, Nickel Oxide Sinters And Other Inte... 0.09 0.09 0.18
Nickel And Articles Thereof... 75012000 Nickel Mattes, Nickel Oxide Sinters And Other Inte... 0.09 0.09 0.18
Nickel And Articles Thereof... 75021000 Unwrought Nickel - Nickel, Not Alloyed 0.09 0.09 0.18
Nickel And Articles Thereof... 75022010 Unwrought Nickel - Nickel Alloys :Cupro-Nickel Con... 9.00% 9.00% 18.00%
Nickel And Articles Thereof... 75022020 Unwrought Nickel - Nickel Alloys :Monel Metal Incl... 9.00% 9.00% 18.00%
Nickel And Articles Thereof... 75022030 Unwrought Nickel - Nickel Alloys :Nickel Alloys Co... 9.00% 9.00% 18.00%
Nickel And Articles Thereof... 75022040 Unwrought Nickel - Nickel Alloys :Nickel Alloys Co... 9.00% 9.00% 18.00%
Nickel And Articles Thereof... 75022090 Unwrought Nickel - Nickel Alloys :Other 0.09 0.09 0.18
Nickel And Articles Thereof... 75030010 Nickel Waste And Scrap - Nickel Waste And Scrap : ... 9.00% 9.00% 18.00%
Nickel And Articles Thereof... 75030090 Nickel Waste And Scrap - Nickel Waste And Scrap : ... 0.09 0.09 0.18

GST Rates for HSN 75052200

For Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys classified under HSN Code 75052200, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Nickel And Articles Thereof under Chapter 75.

Who Should Use HSN Code 75052200?

Any business engaged in supplying Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys must apply HSN 75052200 on invoices. The Nickel And Articles Thereof category under Chapter 75 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Starting a business involving Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys? GST registration is mandatory for collecting and remitting taxes on HSN 75052200 goods. Companies planning international trade within Nickel And Articles Thereof 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

Accurate HSN Code 75052200 usage for Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 75 – Nickel And Articles Thereof to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 75052200 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 75052200 for accurate classification of Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys.

Can I claim input tax credit on Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys purchases?

Yes, registered businesses can claim input tax credit on Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys purchases made under HSN 75052200. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 75052200?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys domestically?

No, Import Export Code is only required if you plan to import or export Nickel Bars, Rods, Profiles And Wire - Wire : Of Nickel Alloys internationally. For domestic trade within Nickel And Articles Thereof, GST registration is sufficient.

More HSN codes from Chapter 75

Back to Top