Under the GST regime, HSN Code 78041120 classifies Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil within Chapter 78 – Lead And Articles Thereof. This code is essential for businesses to correctly calculate and remit taxes on Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil. 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 78 – Lead And Articles Thereof
Below are related HSN codes from Chapter 78 – Lead And Articles Thereof for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Lead And Articles Thereof... | 78011000 | Unwrought Lead : Refined Lead | 0.09 | 0.09 | 0.18 |
| Lead And Articles Thereof... | 78019100 | Unwrought Lead - Other: Containing By Weight Antim... | 0.09 | 0.09 | 0.18 |
| Lead And Articles Thereof... | 78019910 | Unwrought Lead - Other: Other: Pig Lead | 9.00% | 9.00% | 18.00% |
| Lead And Articles Thereof... | 78019920 | Unwrought Lead - Other: Other: Unrefined Lead | 9.00% | 9.00% | 18.00% |
| Lead And Articles Thereof... | 78019930 | Unwrought Lead - Other: Other: Unrefined Lead Allo... | 9.00% | 9.00% | 18.00% |
| Lead And Articles Thereof... | 78019990 | Unwrought Lead - Other: Other: Other | 0.09 | 0.09 | 0.18 |
| Lead And Articles Thereof... | 78020010 | Lead Waste And Scrap - Lead Waste And Scrap: Lead ... | 9.00% | 9.00% | 18.00% |
| Lead And Articles Thereof... | 78020090 | Lead Waste And Scrap - Lead Waste And Scrap: Other | 0.09 | 0.09 | 0.18 |
| Lead And Articles Thereof... | 78041110 | Lead Plates, Sheets, Strip And Foil; Lead Powders ... | N.a. | N.a. | N.a. |
| Lead And Articles Thereof... | 78041910 | Lead Plates, Sheets, Strip And Foil; Lead Powders ... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 78041120
The taxation of Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil under HSN Code 78041120 depends on supply location. Intrastate transactions require CGST at N.a. and SGST/UTGST at N.a.. Interstate supplies are charged IGST at N.a.. Invoices should consistently use N.a for Lead And Articles Thereof goods under Chapter 78.
Who Should Use HSN Code 78041120?
All businesses supplying Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil are obligated to use HSN 78041120 on tax invoices. From producers to retailers within Lead And Articles Thereof, Chapter 78 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Entering the Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil market requires essential registrations. GST registration enables legal tax collection on HSN 78041120 goods. For cross-border trade in Lead And Articles Thereof items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Proper use of HSN Code 78041120 for Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil streamlines audit processes and supports valid credit claims. Stay updated on N.a., N.a., and N.a. rates for Chapter 78 – Lead And Articles Thereof through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 78041120 used for?
HSN Code 78041120 is used to classify Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil under Chapter 78 – Lead And Articles Thereof 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 78041120?
For Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil, CGST applies at N.a. and SGST/UTGST at N.a. for intrastate supplies. Interstate transactions are taxed under IGST at N.a..
Do I need GST registration to trade in Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil?
Yes, GST registration is mandatory for businesses dealing in Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil under HSN 78041120. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Lead Plates, Sheets, Strip And Foil; Lead Powders And Flakes - Plates, Sheets, Strip And Foil: Sheets, Strip And Foil Of A Thickness (Excluding Any Backing) Not Exceeding 0.2 Mm: Foil?
For importing goods under Lead And Articles Thereof, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
