Under the GST regime, HSN Code 81042010 classifies Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I... 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 - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I.... The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% 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 81042010
Tax liability for Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I... under HSN 81042010 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 81 – Other Base Metals; Cermets; A products must use kg..
Who Should Use HSN Code 81042010?
Traders, manufacturers, and importers of Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I... are required to mention HSN Code 81042010 on all GST documents. This Other Base Metals; Cermets; A classification under Chapter 81 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Starting a business involving Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I...? GST registration is mandatory for collecting and remitting taxes on HSN 81042010 goods. Companies planning international trade within Other Base Metals; Cermets; A 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
Accurate HSN Code 81042010 usage for Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I... simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 81 – Other Base Metals; Cermets; A to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 81042010 falls under Chapter 81 – Other Base Metals; Cermets; A in the GST tariff schedule. This chapter covers various goods including Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I....
Yes, IGST at 18.00% is applicable when Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I... is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Yes, e-commerce sellers dealing in Magnesium And Articles Thereof, Including Waste And Scrap - Waste And Scrap:Magnesium Scrap, Namely The Following: Magnesium Clips Covered By Isri Code Word `Wafer; Magnesium Scrap Covered By Isri Code Word `Walnut; Magnesium Engraver Plates Covered By I... must use HSN 81042010 on their invoices. This applies to all online platforms operating under Other Base Metals; Cermets; A classification.
To import goods under Other Base Metals; Cermets; A, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.