Under the GST regime, HSN Code 79050040 classifies Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil within Chapter 79 – Zinc And Articles Thereof. This code is essential for businesses to correctly calculate and remit taxes on Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil. The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using kg..
HSN Codes under Chapter 79 – Zinc And Articles Thereof
Below are related HSN codes from Chapter 79 – Zinc And Articles Thereof for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Zinc And Articles Thereof... | 79011100 | Unwrought Zinc - Zinc, Not Alloyed : Containing By... | 0.09 | 0.09 | 0.18 |
| Zinc And Articles Thereof... | 79011200 | Unwrought Zinc - Zinc, Not Alloyed : Containing By... | 0.09 | 0.09 | 0.18 |
| Zinc And Articles Thereof... | 79012010 | Unwrought Zinc - Zinc Alloys :Mozak Or Alloys Of Z... | 9.00% | 9.00% | 18.00% |
| Zinc And Articles Thereof... | 79012090 | Unwrought Zinc - Zinc Alloys : Other | 0.09 | 0.09 | 0.18 |
| Zinc And Articles Thereof... | 79020010 | Zinc Waste And Scrap - Zinc Waste And Scrap : Zinc... | 9.00% | 9.00% | 18.00% |
| Zinc And Articles Thereof... | 79020090 | Zinc Waste And Scrap - Zinc Waste And Scrap :Other | 0.09 | 0.09 | 0.18 |
| Zinc And Articles Thereof... | 79031000 | Zinc Dust, Powders And Flakes : Zinc Dust | 0.09 | 0.09 | 0.18 |
| Zinc And Articles Thereof... | 79039000 | Zinc Dust, Powders And Flakes : Other | 0.09 | 0.09 | 0.18 |
| Zinc And Articles Thereof... | 79040011 | Zinc Bars, Rods, Profiles And Wire - Zinc Bars, Ro... | 9.00% | 9.00% | 18.00% |
| Zinc And Articles Thereof... | 79040012 | Zinc Bars, Rods, Profiles And Wire - Zinc Bars, Ro... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 79050040
Tax liability for Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil under HSN 79050040 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 79 – Zinc And Articles Thereof products must use kg..
Who Should Use HSN Code 79050040?
All businesses supplying Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil are obligated to use HSN 79050040 on tax invoices. From producers to retailers within Zinc And Articles Thereof, Chapter 79 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil? GST registration is your first compliance requirement for HSN 79050040 goods. International traders in Zinc And Articles Thereof products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate application of HSN Code 79050040 for Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 79 – Zinc And Articles Thereof should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil under HSN Code 79050040 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil must use HSN 79050040 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 79050040 for Zinc And Articles Thereof goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Zinc Plates, Sheets, Strip And Foil - Zinc Plates, Sheets, Strip And Foil :Foil under Zinc And Articles Thereof. This registration links your bank account to process foreign currency payments from overseas buyers.