What products are classified under HSN 26040000 ?
It includes Nickel Ores And Concentrates
HSN Code 26040000 represents Nickel Ores And Concentrates under GST classification. This code helps businesses identify Nickel Ores And Concentrates correctly for billing, taxation, and trade. With HSN Code 26040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel Ores And Concentrates.
HSN Code 26040000 relates to the following description:
Nickel Ores And Concentrates does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Nickel Ores And Concentrates
For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.
Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nickel Ores And Concentrates; Nil for exempt items if applicable).
Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.