Under the GST regime, HSN Code 81053000 classifies Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap within Chapter 81 – Other Base Metals; Cermets; A. This code is essential for businesses to correctly calculate and remit taxes on Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap. 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 81053000
The tax structure for Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap under HSN Code 81053000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 81 – Other Base Metals; Cermets; A.
Who Should Use HSN Code 81053000?
Every entity transacting in Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap must quote HSN Code 81053000 on invoices. This includes traders, distributors, and e-commerce sellers operating under Other Base Metals; Cermets; A. Chapter 81 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap? GST registration is your first compliance requirement for HSN 81053000 goods. International traders in Other Base Metals; Cermets; A 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 HSN Code 81053000 usage for Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap 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)
How many digits of HSN Code 81053000 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 81053000 for accurate classification of Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap.
Can I claim input tax credit on Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap purchases?
Yes, registered businesses can claim input tax credit on Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap purchases made under HSN 81053000. 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 81053000?
CGST at 0.09 plus SGST/UTGST at 0.09 applies when Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap 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 Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap domestically?
No, Import Export Code is only required if you plan to import or export Cobalt Mattes And Other Intermediate Products Of Cobalt Metallurgy; Cobalt And Articles Thereof, Including Waste And Scrap Waste And Scrap internationally. For domestic trade within Other Base Metals; Cermets; A, GST registration is sufficient.