Chapter 76 of the GST framework covers Aluminium And Articles Thereo, and HSN Code 76042990 specifically identifies Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other. Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 for interstate movements. The standard 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 76042990
Tax liability for Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other under HSN 76042990 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 76 – Aluminium And Articles Thereo products must use kg..
Who Should Use HSN Code 76042990?
Manufacturers, wholesalers, retailers, and exporters dealing in Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other are required to mention HSN 76042990 on all tax documents. This classification under Aluminium And Articles Thereo applies to businesses of all sizes operating within Chapter 76. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other? GST registration is mandatory for collecting and remitting taxes on HSN 76042990 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 application of HSN Code 76042990 for Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 76 – Aluminium And Articles Thereo should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 76042990 falls under Chapter 76 – Aluminium And Articles Thereo in the GST tariff schedule. This chapter covers various goods including Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other.
Yes, IGST at 0.18 is applicable when Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.
Yes, e-commerce sellers dealing in Aluminium Bars, Rods And Profiles - Of Aluminium Alloys : Other : Other must use HSN 76042990 on their invoices. This applies to all online platforms operating under Aluminium And Articles Thereo classification.
To import goods under Aluminium And Articles Thereo, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.