What products are classified under HSN 2504
It includes Natural graphite
HSN Sub Chapter 2504 represents Natural graphite under GST classification. This code helps businesses identify Natural graphite correctly for billing, taxation, and trade. With HSN Sub Chapter 2504, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural graphite.
GST Rate for Natural graphite under HSN Code 2504. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 25 | 2504 | Natural graphite | 5% | 5% |
Following Tariff HSN code falls under Natural graphite:
| Tariff HSN | Description |
|---|---|
| In powder or in flakes : Graphite, crystalline | |
| In powder or in flakes : Graphite, amorphous | |
| In powder or in flakes : Other | |
| Other : Graphite, micronised | |
| Other : Other |
In powder or in flakes : Graphite, crystalline
In powder or in flakes : Graphite, amorphous
In powder or in flakes : Other
Other : Graphite, micronised
Other : Other
It includes Natural graphite
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
If your outward supply of Natural graphite is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Natural graphite is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
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.