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HSN Code 81049020: Magnesium Flakes
HSN Code 81049020 represents Magnesium Flakes under GST classification. This code helps businesses identify Magnesium Flakes correctly for billing, taxation, and trade. With HSN Code 81049020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Magnesium Flakes.
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Description of Goods for HSN Code 81049020
HSN Code 81049020 relates to the following description.
What does HSN Code 81049020 not include?
Magnesium Flakes does not include products with the following descriptions.
Unwrought magnesium : Containing at least 99.8% by weight of magnesium
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 : 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 : Powders
Other : Other magnesium and magnesium base alloys, wrought
Other : Wire
Other : Other
Unwrought magnesium : Containing at least 99.8% by weight of magnesium
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 : 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 : Powders
Other : Other magnesium and magnesium base alloys, wrought
Other : Wire
Other : Other
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Frequently Asked Questions
Clear answers to common queries about HSN Code 81049020 and GST compliance.
What products are classified under HSN 81049020 ?
It includes Unwrought Cobalt
Can we claim ITC on inputs used to trade Other / Flakes?
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 Other / Flakes?
Under HSN 81049020, Other / Flakes attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Other / Flakes is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Flakes; Nil for exempt items if applicable).
Any common misclassification issue with Other / Flakes?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Other / Flakes?
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.