78060020 is the designated HSN classification for Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals, categorized under Chapter 78 – Lead And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.
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... | 78041120 | Lead Plates, Sheets, Strip And Foil; Lead Powders ... | N.a. | N.a. | N.a. |
GST Rates for HSN 78060020
The tax structure for Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals under HSN Code 78060020 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 78 – Lead And Articles Thereof.
Who Should Use HSN Code 78060020?
Traders, manufacturers, and importers of Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals are required to mention HSN Code 78060020 on all GST documents. This Lead And Articles Thereof classification under Chapter 78 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Starting a business involving Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals? GST registration is mandatory for collecting and remitting taxes on HSN 78060020 goods. Companies planning international trade within Lead 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
Correct HSN Code 78060020 application for Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 78 – Lead And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 78060020 belong to?
HSN Code 78060020 falls under Chapter 78 – Lead And Articles Thereof in the GST tariff schedule. This chapter covers various goods including Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals.
Is IGST applicable on Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals?
Yes, IGST at 18.00% is applicable when Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 78060020?
Yes, e-commerce sellers dealing in Other Articles Of Lead - Other Articles Of Lead : Indian Lead Seals must use HSN 78060020 on their invoices. This applies to all online platforms operating under Lead And Articles Thereof classification.
How do I start an import business for Lead And Articles Thereof goods?
To import goods under Lead And Articles Thereof, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
