Under the GST regime, HSN Code 76041031 classifies Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow within Chapter 76 – Aluminium And Articles Thereo. This code is essential for businesses to correctly calculate and remit taxes on Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow. The applicable rates are CGST at N.a., SGST/UTGST at N.a. for within-state sales, and IGST at N.a. for interstate supplies. Goods are quantified using N.a.
HSN Codes under Chapter 76 – Aluminium And Articles Thereo
Below are related HSN codes from Chapter 76 – Aluminium And Articles Thereo for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Aluminium And Articles Thereo... | 76011010 | Unwrought Aluminium - Aluminium, Not Alloyed : Ing... | N.a. | N.a. | N.a. |
| Aluminium And Articles Thereo... | 76011020 | Unwrought Aluminium - Aluminium, Not Alloyed : Bil... | N.a. | N.a. | N.a. |
| Aluminium And Articles Thereo... | 76011030 | Unwrought Aluminium - Aluminium, Not Alloyed : Wir... | N.a. | N.a. | N.a. |
| Aluminium And Articles Thereo... | 76011040 | Unwrought Aluminium - Aluminium, Not Alloyed : Wir... | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76011090 | Unwrought Aluminium - Aluminium, Not Alloyed : Oth... | 0.09 | 0.09 | 0.18 |
| Aluminium And Articles Thereo... | 76012010 | Unwrought Aluminium - Aluminium Alloys : Ingots | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012020 | Unwrought Aluminium - Aluminium Alloys : Billets | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012030 | Unwrought Aluminium - Aluminium Alloys : Wire Bars | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012040 | Unwrought Aluminium - Aluminium Alloys : Wire Rods | 9.00% | 9.00% | 18.00% |
| Aluminium And Articles Thereo... | 76012090 | Unwrought Aluminium - Aluminium Alloys : Other | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 76041031
For Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow classified under HSN Code 76041031, tax computation follows GST principles. CGST at N.a. plus SGST/UTGST at N.a. covers intrastate sales. IGST at N.a. applies to interstate transactions. N.a is the prescribed measurement for Aluminium And Articles Thereo under Chapter 76.
Who Should Use HSN Code 76041031?
Any business engaged in supplying Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow must apply HSN 76041031 on invoices. The Aluminium And Articles Thereo category under Chapter 76 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow? GST registration is mandatory for collecting and remitting taxes on HSN 76041031 goods. Companies planning international trade within Aluminium And Articles Thereo 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
Correct HSN Code 76041031 application for Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow ensures smooth input credit utilization and assessment processes. Track N.a., N.a., and N.a. rate changes for Chapter 76 – Aluminium And Articles Thereo through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 76041031 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 76041031 for accurate classification of Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow.
Can I claim input tax credit on Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow purchases?
Yes, registered businesses can claim input tax credit on Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow purchases made under HSN 76041031. Ensure your supplier mentions correct HSN code and GST rates (N.a., N.a.) on the invoice.
What is the difference between CGST and IGST for HSN 76041031?
CGST at N.a. plus SGST/UTGST at N.a. applies when Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow is sold within the same state. IGST at N.a. is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow domestically?
No, Import Export Code is only required if you plan to import or export Aluminium Bars, Rods And Profiles - Of Aluminium, Not Alloyed : Profiles : Hollow internationally. For domestic trade within Aluminium And Articles Thereo, GST registration is sufficient.
