What products are classified under HSN 75040000 ?
It includes Nickel alloy hollow bars
HSN Code 75040000 represents Nickel Powders And Flakes under GST classification. This code helps businesses identify Nickel Powders And Flakes correctly for billing, taxation, and trade. With HSN Code 75040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel Powders And Flakes.
HSN Code 75040000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 75 | Nickel and articles thereof | 7504 | Nickel powders and flakes | Nickel powders and flakes | 9% | 9% | 18% | 0% |
| 75 | Nickel and articles thereof | 7504 | Nickel powders and flakes | Nickel powders and flakes | 9% | 9% | 18% | 0% |
Nickel Powders And Flakes does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Nickel alloy hollow bars
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nickel Powders And Flakes; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 75040000, Nickel Powders And Flakes attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.