HSN Code 28431020: Colloidal precious metals: Silver

HSN Code 28431020 represents Colloidal precious metals: Silver under GST classification. This code helps businesses identify Colloidal precious metals: Silver correctly for billing, taxation, and trade. With HSN Code 28431020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Colloidal precious metals: Silver.

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Description of Goods for Colloidal precious metals: Silver

HSN Code 28431020 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 2843 Colloidal precious metals; inorganic or organic compounds of precious metals,whether or not chemically defined; amalgams of precious metals MISCELLANEOUS : Colloidal precious metals : Of silver 9% 9% 18% 0%

Description of goods

MISCELLANEOUS : Colloidal precious metals : Of silver

Chapter

28 – Inorganic chemicals, organic or inorganic compounds of precious metals,of rare-earth metals, of radioactive elements or of isotopes

Sub Chapter

2843 – Colloidal precious metals; inorganic or organic compounds of precious metals,whether or not chemically defined; amalgams of precious metals

CGST 9%
SGST 9%
IGST 18%
CESS 0%

What does HSN Code 28431020 not include?

Colloidal precious metals: Silver does not include products with the following descriptions:

HSN Code Description
MISCELLANEOUS : Colloidal precious metals : Of gold
MISCELLANEOUS : Colloidal precious metals : Other
MISCELLANEOUS : Silver compounds : Silver nitrate
MISCELLANEOUS : Silver compounds : Other
MISCELLANEOUS : Gold compounds
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Sodium aurous thiosulphate
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Noble metal solutions of platinum, rhodium and palladium
MISCELLANEOUS : Other compounds; amalgams : Other compounds : Other
MISCELLANEOUS : Other compounds; amalgams : Amalgams

MISCELLANEOUS : Colloidal precious metals : Of gold

MISCELLANEOUS : Colloidal precious metals : Other

MISCELLANEOUS : Silver compounds : Silver nitrate

MISCELLANEOUS : Silver compounds : Other

MISCELLANEOUS : Gold compounds

MISCELLANEOUS : Other compounds; amalgams : Other compounds : Sodium aurous thiosulphate

MISCELLANEOUS : Other compounds; amalgams : Other compounds : Noble metal solutions of platinum, rhodium and palladium

MISCELLANEOUS : Other compounds; amalgams : Other compounds : Other

MISCELLANEOUS : Other compounds; amalgams : Amalgams

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FAQs for HSN Code 28431020

What products are classified under HSN 28431020 ?

It includes Colloidal precious metals: Silver

Does packaging or labelling change the GST for Colloidal precious metals: Silver?

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.

Can we claim ITC on inputs used to trade Colloidal precious metals: Silver?

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 Colloidal precious metals: Silver?

Under HSN 28431020, Colloidal precious metals: Silver attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Colloidal precious metals: Silver is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Colloidal precious metals: Silver; Nil for exempt items if applicable).

Any common misclassification issue with Colloidal precious metals: Silver?

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

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.

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