HSN Code 25240021: Asbestos Fibre: Amosite

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 or export of Asbestos Fibre: Amosite.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 25240021

HSN Code 25240021 relates to the following description.

Description of Goods

Asbestos - asbestos: fibre raw, beaten or washed or graded to length : chrysolite

Chapter

25 - Salt; sulphur; earths and stone; plastering materials, lime and cement

Sub Chapter

2524 - Asbestos

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 25240021 not include?

Asbestos Fibre: Amosite does not include products with the following descriptions.

HSN Code 25240022

Asbestos - asbestos: fibre raw, beaten or washed or graded to length : amosite

HSN Code 25240029

Asbestos - asbestos: fibre raw, beaten or washed or graded to length : other

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 25240021 and GST compliance.

What products are classified under HSN 25240021 ?

It includes Petroleum oils and oils obtained from bituminous minerals

Does packaging or labelling change the GST for Asbestos Fibre: Amosite?

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.

Do e‑way bill and e‑invoice apply for Asbestos Fibre: Amosite?

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.

How should mixed supplies be billed when Asbestos Fibre: Amosite is sold with other items?

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).

Can we claim ITC on inputs used to trade Asbestos Fibre: Amosite?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Asbestos Fibre: Amosite?

Under HSN 25240021, Asbestos Fibre: Amosite attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

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.