HSN Code 25240031: Asbestos – asbestos: flakes or powder: other

HSN Code 25240031 represents Asbestos – asbestos: flakes or powder: other under GST classification. This code helps businesses identify Asbestos – asbestos: flakes or powder: other correctly for billing, taxation, and trade. With HSN Code 25240031, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Asbestos – asbestos: flakes or powder: other.

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Description of Goods for HSN Code 25240031

HSN Code 25240031 relates to the following description.

Description of Goods

Asbestos - asbestos: flakes or powder: amosite

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 25240031 not include?

Asbestos – asbestos: flakes or powder: other does not include products with the following descriptions.

HSN Code 25240021

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

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

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Frequently Asked Questions

Clear answers to common queries about HSN Code 25240031 and GST compliance.

What products are classified under HSN 25240031 ?

It includes Jute Batching Oil & Textile Oil

Any common misclassification issue with Asbestos – asbestos: flakes or powder: other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Asbestos – asbestos: flakes or powder: other?

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 – asbestos: flakes or powder: other?

Under HSN 25240031, Asbestos – asbestos: flakes or powder: other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Asbestos – asbestos: flakes or powder: other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Asbestos – asbestos: flakes or powder: other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Asbestos – asbestos: flakes or powder: other?

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.

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.