What products are classified under HSN 81049010 ?
It includes Cobalt Mattes & Intermediate Products
HSN Code 81049010 represents Magnesium base alloys under GST classification. This code helps businesses identify Magnesium base alloys correctly for billing, taxation, and trade. With HSN Code 81049010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Magnesium base alloys.
HSN Code 81049010 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 81 | Other base metals; cermets; articles thereof | 8104 | Magnesium and articles thereof, including waste and scrap | Other : Other magnesium and magnesium base alloys, wrought | 9% | 9% | 18% | 0% |
| 81 | Other base metals; cermets; articles thereof | 8104 | Magnesium and articles thereof, including waste and scrap | Other : Other magnesium and magnesium base alloys, wrought | 9% | 9% | 18% | 0% |
Magnesium base alloys does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Unwrought magnesium : Containing at least 99.8% by weight of magnesium | |
| Unwrought magnesium : Containing at least 99.8% by weight of magnesium | |
| Unwrought magnesium : Other | |
| Unwrought magnesium : Other | |
| Waste and scrap : Magnesium scrap, namely the following : magnesium clips covered by ISRI code word ‘Wafer’; magnesium scrap covered by ISRI code word ‘Walnut’; magnesium engraver plates covered by ISRI code word ‘Wine’; magnesium dock boards covered by ISRI code word ‘Wood’; magnesium turnings covered by ISRI code word ‘World’ | |
| Waste and scrap : Magnesium scrap, namely the following : magnesium clips covered by ISRI code word ‘Wafer’; magnesium scrap covered by ISRI code word ‘Walnut’; magnesium engraver plates covered by ISRI code word ‘Wine’; magnesium dock boards covered by ISRI code word ‘Wood’; magnesium turnings covered by ISRI code word ‘World’ | |
| Waste and scrap : Other | |
| Waste and scrap : Other | |
| Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size | |
| Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size | |
| Raspings, turnings and granules, graded according to size; powders : Powders | |
| Raspings, turnings and granules, graded according to size; powders : Powders | |
| Other : Flakes | |
| Other : Flakes | |
| Other : Wire | |
| Other : Wire | |
| Other : Other | |
| Other : Other |
Unwrought magnesium : Containing at least 99.8% by weight of magnesium
Unwrought magnesium : Containing at least 99.8% by weight of magnesium
Unwrought magnesium : Other
Unwrought magnesium : Other
Waste and scrap : Magnesium scrap, namely the following : magnesium clips covered by ISRI code word ‘Wafer’; magnesium scrap covered by ISRI code word ‘Walnut’; magnesium engraver plates covered by ISRI code word ‘Wine’; magnesium dock boards covered by ISRI code word ‘Wood’; magnesium turnings covered by ISRI code word ‘World’
Waste and scrap : Magnesium scrap, namely the following : magnesium clips covered by ISRI code word ‘Wafer’; magnesium scrap covered by ISRI code word ‘Walnut’; magnesium engraver plates covered by ISRI code word ‘Wine’; magnesium dock boards covered by ISRI code word ‘Wood’; magnesium turnings covered by ISRI code word ‘World’
Waste and scrap : Other
Waste and scrap : Other
Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size
Raspings, turnings and granules, graded according to size; powders : Raspings, turnings and granules, graded according to size
Raspings, turnings and granules, graded according to size; powders : Powders
Raspings, turnings and granules, graded according to size; powders : Powders
Other : Flakes
Other : Flakes
Other : Wire
Other : Wire
Other : Other
Other : Other
It includes Cobalt Mattes & Intermediate Products
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 base alloys; Nil for exempt items if applicable).
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.
Under HSN 81049010, Magnesium base alloys attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.