Chapter 81 of the GST framework covers Other Base Metals; Cermets; A, and HSN Code 81029590 specifically identifies Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: 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 81 – Other Base Metals; Cermets; A
Below are related HSN codes from Chapter 81 – Other Base Metals; Cermets; A for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Other Base Metals; Cermets; A... | 81011000 | Tungsten (Wolfram) And Articles Thereof, Including... | 0.09 | 0.09 | 0.18 |
| Other Base Metals; Cermets; A... | 81019400 | Tungsten (Wolfram) And Articles Thereof, Including... | 0.09 | 0.09 | 0.18 |
| Other Base Metals; Cermets; A... | 81019510 | Tungsten (Wolfram) And Articles Thereof, Including... | N.a. | N.a. | N.a. |
| Other Base Metals; Cermets; A... | 81019590 | Tungsten (Wolfram) And Articles Thereof, Including... | N.a. | N.a. | N.a. |
| Other Base Metals; Cermets; A... | 81019600 | Tungsten (Wolfram) And Articles Thereof, Including... | 0.09 | 0.09 | 0.18 |
| Other Base Metals; Cermets; A... | 81019700 | Tungsten (Wolfram) And Articles Thereof, Including... | 0.09 | 0.09 | 0.18 |
| Other Base Metals; Cermets; A... | 81019910 | Tungsten (Wolfram) And Articles Thereof, Including... | 9.00% | 9.00% | 18.00% |
| Other Base Metals; Cermets; A... | 81019990 | Tungsten (Wolfram) And Articles Thereof, Including... | 0.09 | 0.09 | 0.18 |
| Other Base Metals; Cermets; A... | 81021000 | Molybdenum And Articles Thereof, Including Waste A... | 0.09 | 0.09 | 0.18 |
| Other Base Metals; Cermets; A... | 81029400 | Molybdenum And Articles Thereof, Including Waste A... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 81029590
The taxation of Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other under HSN Code 81029590 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Other Base Metals; Cermets; A goods under Chapter 81.
Who Should Use HSN Code 81029590?
Manufacturers, wholesalers, retailers, and exporters dealing in Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other are required to mention HSN 81029590 on all tax documents. This classification under Other Base Metals; Cermets; A applies to businesses of all sizes operating within Chapter 81. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Commencing trade in Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other? Secure GST registration to handle taxes on HSN 81029590 classified goods. Businesses with international operations in Other Base Metals; Cermets; A need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Accurate HSN Code 81029590 usage for Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 81 – Other Base Metals; Cermets; A to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other under HSN Code 81029590 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other must use HSN 81029590 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 81029590 for Other Base Metals; Cermets; A goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Molybdenum And Articles Thereof, Including Waste And Scrap - Other: - Bars And Rods, Other Than Those Obtained Simply By Sintering, Profiles, Plates, Sheets, Strip And Foil: Other under Other Base Metals; Cermets; A. This registration links your bank account to process foreign currency payments from overseas buyers.