HSN means the Harmonized System of Nomenclature code used for classifying goods under GST. This classification is used in Customs, Central Excise and Foreign Trade Policy. The use of HSN codes is to make GST systematic and globally accepted. GST Rates and HSN codes for Mineral Ores & Slags are mentioned in chapter 26.
The table given below comprises of the GST rates and HSN codes for Mineral Ores & Slags.
|
HSN Code |
Description |
Rate (%) |
Effective From |
CESS (%) |
|
2603 |
Copper ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26030000 |
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|
2604 |
Nickel ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26040000 |
||||
|
2605 |
Cobalt ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26050000 |
||||
|
2607 |
Lead ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26070000 |
||||
|
2608 |
Zinc ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26080000 |
||||
|
2609 |
Tin ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26090000 |
||||
|
2611 |
Tungsten ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26110000 |
||||
|
2618 |
Granulated slag (slag sand) from the manufacture of iron or steel |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26180000 |
||||
|
2601 |
Iron ores and concentrates, including roasted iron pyrites |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26011110, 26011120, 26011130, 26011140, 26011150, 26011190, 26011210, 26011290, 26012000 |
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|
2602 |
Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more, calculated on the dry weight. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26020010, 26020020, 26020030, 26020040, 26020050, 26020060, 26020070, 26020090 |
||||
|
2606 |
Aluminum ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26060010, 26060020, 26060090 |
||||
|
2610 |
Chromium ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26100010, 26100020, 26100030, 26100040, 26100090 |
||||
|
2612 |
Uranium or thorium ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26121000, 26122000 |
||||
|
2613 |
Molybdenum ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26131000, 26139000 |
||||
|
2614 |
Titanium ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26140010, 26140020, 26140031, 26140039, 26140090 |
||||
|
2615 |
Niobium, tantalum, vanadium or zirconium ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26151000, 26159010, 26159020 |
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|
2616 |
Precious metal ores and concentrates. |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26161000, 26169010, 26169090 |
||||
|
2617 |
Other ores and concentrates |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26171000, 26179000 |
||||
|
2619 |
Slag, dross (other than granulated slag), scalings and other waste from the manufacture of iron or steel |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26190010, 26190090 |
||||
|
2620 |
Slag, ash, and residues (other than from the manufacture of iron or steel) containing metals, arsenic or their compounds |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26201100, 26201900, 26202100, 26202900, 26203010, 26203090, 26204010, 26204090, 26206000, 26209100, 26209900 |
||||
|
2621 |
Other slag and ash, including seaweed ash (kelp); ash and residues from the incineration of municipal waste [inserted w.e.f : 14/11/2017 other than fly ash] |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 26211000, 26219000 |
||||
|
2621 |
Fly Ash |
5 |
14/11/2017 |
|
|
Related Export / Import HSN Code 26211000, 26219000 |
||||
|
26 |
All ores and concentrates [other than slag, dross (other than granulated slag), scalings and other waste from the manufacture of iron or steel; slag, ash and residues (other than from the manufacture of iron or steel) containing metals, arsenic or their compounds; other slag and ash, including seaweed ash (kelp); ash and residues from the incineration of municipal waste] [other than 2619, 2620, 2621] |
5 |
28/06/2017 |
|
Disclaimer
The rates given in the above table are as per the 31st GST council meeting which was held on 22nd December 2018. Dissimilarities may be present due to the latest updates made by the government. Make sure to check the “Effective From” column.
FAQs
Taxpayers having turnover exceeds Rs. 1.5 crore but up to 5.00 crore will be required to mention only two digits of HSN code. Taxpayers having turnover exceeds Rs 5.00 crore will be required to mention four digits of HSN code.
Natural sand of all kind, whether coloured or non-coloured (other than metal bearing sand) fall under chapter 26 of the HSN code. GST rate on sand is fixed at five percent. Further, bituminous or oil shale and tar sands, bitumen and asphalt, natural asphaltites and asphaltic rocks attract a GST rate of 18 percent.
Salt attracts no GST as per GST Law, there is no GST payable on Salt, all types. So the rate of GST payable on Salt, all types is nil rate.
Hey @HarishMehta
From 1st April 2021, Taxpayers with an aggregate Annual Turnover of more than INR 5 Crore during the financial Year 2020-2021 have to mandatorily mention 6 digits of the HSN Code in all tax invoices.
Businesses with a turnover of up to INR 5 crore in the preceding financial year will be required to mandatorily furnish 4 digit HSN code on B2B invoices.
Hope this helps!
Hey @Dia_malhotra
Let’s take an example of Cocoa powder to calculate the GST using the HSN code.
Cocoa Powder per Kg = INR1,000.
HSN Code = 18 05 00 00
GST Rate = 18% (For Cocoa powder, not containing added sugar or sweetening matter)
Therefore, GST = INR180
Hope this helps!
Hey,
What are the consequences of not mentioning or incorrectly mentioning the HSN Code?
Hey @SonalYadav
It is very crucial to mention the correct HSN/ SAC Code on the tax invoices and Form GSTR-1, barring to do so may attract a penalty of INR 50,000 (INR 25,000 each for CGST and SGST) for non-mentioning or incorrect mention of wrong HSN/ SAC Code under Section 125 of the CGST Act.
Hope this helps!
Hey @Prasana_Srinivasan, this tool can help