What products are classified under HSN 26122000 ?
It includes Thorium Ores And Concentrates
HSN Code 26122000 represents Thorium Ores And Concentrates under GST classification. This code helps businesses identify Thorium Ores And Concentrates correctly for billing, taxation, and trade. With HSN Code 26122000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Thorium Ores And Concentrates.
HSN Code 26122000 relates to the following description:
Thorium Ores And Concentrates does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Uranium ores and concentrates |
Uranium ores and concentrates
It includes Thorium Ores And Concentrates
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 Thorium 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.
Under HSN 26122000, Thorium Ores And Concentrates attracts Varies when sold in taxable form. Describe the form and packaging clearly 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.