Within Chapter 81 – Other Base Metals; Cermets; A, HSN Code 81049090 serves as the official classification for Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other. This code determines tax rates and compliance obligations for all entities trading in Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other. CGST applies at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Measurement is standardized in 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 81049090
Tax liability for Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other under HSN 81049090 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 81 – Other Base Metals; Cermets; A products must use kg..
Who Should Use HSN Code 81049090?
Any business engaged in supplying Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other must apply HSN 81049090 on invoices. The Other Base Metals; Cermets; A category under Chapter 81 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Commencing trade in Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other? Secure GST registration to handle taxes on HSN 81049090 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 application of HSN Code 81049090 for Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 81 – Other Base Metals; Cermets; A 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 Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other under HSN Code 81049090 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other must use HSN 81049090 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 81049090 for Other Base Metals; Cermets; A goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Magnesium And Articles Thereof, Including Waste And Scrap - Other:Other under Other Base Metals; Cermets; A. This registration links your bank account to process foreign currency payments from overseas buyers.