HSN Code 76042930 provides the tax classification for Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods under Chapter 76 – Aluminium And Articles Thereo of the GST tariff. Businesses dealing in Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is kg..
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 76042930
For Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods classified under HSN Code 76042930, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Aluminium And Articles Thereo under Chapter 76.
Who Should Use HSN Code 76042930?
Every entity transacting in Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods must quote HSN Code 76042930 on invoices. This includes traders, distributors, and e-commerce sellers operating under Aluminium And Articles Thereo. Chapter 76 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods? GST registration is mandatory for collecting and remitting taxes on HSN 76042930 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
Accurate HSN Code 76042930 usage for Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 76 – Aluminium And Articles Thereo to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 76042930 used for?
HSN Code 76042930 is used to classify Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods under Chapter 76 – Aluminium And Articles Thereo 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 76042930?
For Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods?
Yes, GST registration is mandatory for businesses dealing in Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods under HSN 76042930. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Bars And Rods, Other Than Wire Rods?
For importing goods under Aluminium And Articles Thereo, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
