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HSN Code - 26131000 : MOLYBDNUM ORES AND CONCENTRATES ROASTED (MOLYBDNUM ORES AND CONCENTRATES ROASTED)

Policy: Free
HSN CODE Description Policy
2613MOLYBDENUM ORES AND CONCENTRATES
261310
26131000MOLYBDNUM ORES AND CONCENTRATES ROASTEDFree

Harmonised System of Nomenclature (HSN Codes) 26131000 are used for the MOLYBDNUM ORES AND CONCENTRATES ROASTED products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 26131000

First two digits (26) represent the chapter number which is Chapter 26 - Ores, slag and ash

Next two digits (13) represent the heading number which is MOLYBDENUM ORES AND CONCENTRATES

Next two digits (10) represent the product code which is

Last two digits (00) are for final or deeper classification which is MOLYBDNUM ORES AND CONCENTRATES ROASTED

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.

FAQs on HSN Code 26131000

What is HSN Code 26131000 used for?

HSN Code 26131000 is used to classify goods under GST for invoicing, taxation, import, and export. Businesses use this code to correctly identify products while filing GST returns and trade documents.

Is HSN Code 26131000 mandatory for GST invoices?

Yes. HSN codes are mandatory on GST invoices for most businesses, especially for B2B transactions, exports, and imports. The level of digits required depends on turnover and transaction type.

What is the GST rate for HSN Code 26131000?

The GST rate for HSN Code 26131000 depends on the product specification and the latest GST notifications. Businesses should verify the applicable rate from CBIC notifications or consult a tax professional before invoicing.

What is the import or export policy for HSN Code 26131000?

As per current trade policy, HSN Code 26131000 falls under "Free" category. Import or export may be subject to specific conditions or approvals.

What is the difference between HSN Code and SAC Code?

HSN codes are used for goods or products, while SAC codes are used for services. Businesses dealing in both goods and services must use the correct code type for GST compliance.