What products are classified under HSN 28402010 ?
It includes Magnesium Borate
HSN Code 28402010 represents Magnesium Borate under GST classification. This code helps businesses identify Magnesium Borate correctly for billing, taxation, and trade. With HSN Code 28402010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Magnesium Borate.
HSN Code 28402010 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 28 | Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes | 2840 | Borates; peroxoborates (perborates) | SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Magnesium borate | 9% | 9% | 18% | 0% |
Description of goods
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Magnesium borate
Chapter
28 – Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes
Sub Chapter
2840 – Borates; peroxoborates (perborates)
Magnesium Borate does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Anhydrous | |
| SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Other | |
| SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Other | |
| SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Peroxoborates (perborates) |
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Anhydrous
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Disodium tetraborate (refined borax) : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Other borates : Other
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Peroxoborates (perborates)
It includes Magnesium Borate
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, 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 Magnesium Borate; Nil for exempt items if applicable).
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.