Under the GST regime, HSN Code 81041100 classifies Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium within Chapter 81 – Other Base Metals; Cermets; A. This code is essential for businesses to correctly calculate and remit taxes on Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium. 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 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 81041100
The taxation of Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium under HSN Code 81041100 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 81041100?
Manufacturers, wholesalers, retailers, and exporters dealing in Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium are required to mention HSN 81041100 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
Planning to trade in Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium? Complete GST registration to legally collect taxes on goods under HSN 81041100. Businesses importing or exporting Other Base Metals; Cermets; A products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Using HSN Code 81041100 accurately for Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 81 – Other Base Metals; Cermets; A to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 81041100 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 81041100 for accurate classification of Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium.
Can I claim input tax credit on Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium purchases?
Yes, registered businesses can claim input tax credit on Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium purchases made under HSN 81041100. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.
What is the difference between CGST and IGST for HSN 81041100?
CGST at 0.09 plus SGST/UTGST at 0.09 applies when Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium domestically?
No, Import Export Code is only required if you plan to import or export Magnesium And Articles Thereof, Including Waste And Scrap - Unwrought Magnesium:Containing At Least 99.8% By Weight Of Magnesium internationally. For domestic trade within Other Base Metals; Cermets; A, GST registration is sufficient.