Within Chapter 81 – Other Base Metals; Cermets; A, HSN Code 81061010 serves as the official classification for Bismuth, Unwrought. This code determines tax rates and compliance obligations for all entities trading in Bismuth, Unwrought. CGST applies at N.a., SGST/UTGST at N.a. for local transactions, and IGST at N.a. for interstate supplies. Measurement is standardized in N.a.
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 81061010
Tax liability for Bismuth, Unwrought under HSN 81061010 varies by transaction geography. CGST at N.a. combined with SGST/UTGST at N.a. applies to local sales. Interstate movement attracts IGST at N.a.. All billing for Chapter 81 – Other Base Metals; Cermets; A products must use N.a.
Who Should Use HSN Code 81061010?
Manufacturers, wholesalers, retailers, and exporters dealing in Bismuth, Unwrought are required to mention HSN 81061010 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
Starting a business involving Bismuth, Unwrought? GST registration is mandatory for collecting and remitting taxes on HSN 81061010 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
Correct HSN Code 81061010 application for Bismuth, Unwrought ensures smooth input credit utilization and assessment processes. Track N.a., N.a., and N.a. rate changes for Chapter 81 – Other Base Metals; Cermets; A through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
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 81061010 for accurate classification of Bismuth, Unwrought.
Yes, registered businesses can claim input tax credit on Bismuth, Unwrought purchases made under HSN 81061010. Ensure your supplier mentions correct HSN code and GST rates (N.a., N.a.) on the invoice.
CGST at N.a. plus SGST/UTGST at N.a. applies when Bismuth, Unwrought is sold within the same state. IGST at N.a. is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Bismuth, Unwrought internationally. For domestic trade within Other Base Metals; Cermets; A, GST registration is sufficient.