What products are classified under HSN 25240021 ?
It includes Petroleum oils and oils obtained from bituminous minerals
HSN Code 25240021 represents Asbestos Fibre: Amosite under GST classification. This code helps businesses identify Asbestos Fibre: Amosite correctly for billing, taxation, and trade. With HSN Code 25240021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Asbestos Fibre: Amosite.
HSN Code 25240021 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 25 | Salt; sulphur; earths and stone; plastering materials, lime and cement | 2524 | Asbestos | Asbestos - asbestos: fibre raw, beaten or washed or graded to length : chrysolite | 2.5% | 2.5% | 5% | 0% |
Asbestos Fibre: Amosite does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Asbestos - asbestos: asbestos in rock form: chrysotile | |
| Asbestos - asbestos: asbestos in rock form: amphibole | |
| Asbestos - asbestos: asbestos in rock form: other | |
| Asbestos - asbestos: fibre raw, beaten or washed or graded to length : amosite | |
| Asbestos - asbestos: fibre raw, beaten or washed or graded to length : other | |
| Asbestos - asbestos: flakes or powder: amosite | |
| Asbestos - asbestos: flakes or powder: other | |
| Asbestos - asbestos: other: waste | |
| Asbestos - asbestos: other: other | |
| Asbestos - crocidolite | |
| Crocidolite | |
| Other: In rock form: Chrysotile | |
| Other: In rock form: Amphibole | |
| Other: In rock form: Crysolite | |
| Other: In rock form: Amosite | |
| Other: In rock form: Other | |
| Other: Fibre raw, beaten or washed or graded to length: Chrysotile | |
| Other: Fibre raw, beaten or washed or graded to length: Amphibole | |
| Other: Fibre raw, beaten or washed or graded to length: Crysolite | |
| Other: Fibre raw, beaten or washed or graded to length: Amosite | |
| Other: Fibre raw, beaten or washed or graded to length: Other | |
| Other: Flakes or powder: Chrysotile | |
| Other: Flakes or powder: Amphibole | |
| Other: Flakes or powder: Crysolite | |
| Other: Flakes or powder: Amosite | |
| Other: Flakes or powder: Other | |
| Other: Other: Waste | |
| Other: Other: Other |
Asbestos - asbestos: asbestos in rock form: chrysotile
Asbestos - asbestos: asbestos in rock form: amphibole
Asbestos - asbestos: asbestos in rock form: other
Asbestos - asbestos: fibre raw, beaten or washed or graded to length : amosite
Asbestos - asbestos: fibre raw, beaten or washed or graded to length : other
Asbestos - asbestos: flakes or powder: amosite
Asbestos - asbestos: flakes or powder: other
Asbestos - asbestos: other: waste
Asbestos - asbestos: other: other
Asbestos - crocidolite
Crocidolite
Other: In rock form: Chrysotile
Other: In rock form: Amphibole
Other: In rock form: Crysolite
Other: In rock form: Amosite
Other: In rock form: Other
Other: Fibre raw, beaten or washed or graded to length: Chrysotile
Other: Fibre raw, beaten or washed or graded to length: Amphibole
Other: Fibre raw, beaten or washed or graded to length: Crysolite
Other: Fibre raw, beaten or washed or graded to length: Amosite
Other: Fibre raw, beaten or washed or graded to length: Other
Other: Flakes or powder: Chrysotile
Other: Flakes or powder: Amphibole
Other: Flakes or powder: Crysolite
Other: Flakes or powder: Amosite
Other: Flakes or powder: Other
Other: Other: Waste
Other: Other: Other
It includes Petroleum oils and oils obtained from bituminous minerals
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Asbestos Fibre: Amosite; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 25240021, Asbestos Fibre: Amosite attracts Varies when sold in taxable form. Describe the exact form on the invoice.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.