What products are classified under HSN 2524
It includes Asbestos
HSN Sub Chapter 2524 represents Asbestos under GST classification. This code helps businesses identify Asbestos correctly for billing, taxation, and trade. With HSN Sub Chapter 2524, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Asbestos.
GST Rate for Asbestos under HSN Code 2524. 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 | 2524 | Asbestos | 5% | 5% |
Following Tariff HSN code falls under Asbestos:
| Tariff HSN | Description |
|---|---|
| Asbestos - asbestos: asbestos in rock form: chrysotile | |
| Asbestos - asbestos: asbestos in rock form: amphibole | |
| Asbestos - asbestos: asbestos in rock form: other | |
| Asbestos - asbestos: fibre raw, beaten or washed or graded to length : chrysolite | |
| Asbestos - asbestos: fibre raw, beaten or washed or graded to length : amosite | |
| Asbestos - asbestos: fibre raw, beaten or washed or graded to length : other | |
| Asbestos - asbestos: flakes or powder: amosite | |
| Asbestos - asbestos: flakes or powder: other | |
| Asbestos - asbestos: other: waste | |
| Asbestos - asbestos: other: other | |
| Asbestos - crocidolite | |
| Crocidolite | |
| Other: In rock form: Chrysotile | |
| Other: In rock form: Amphibole | |
| Other: In rock form: Crysolite | |
| Other: In rock form: Amosite | |
| Other: In rock form: Other | |
| Other: Fibre raw, beaten or washed or graded to length: Chrysotile | |
| Other: Fibre raw, beaten or washed or graded to length: Amphibole | |
| Other: Fibre raw, beaten or washed or graded to length: Crysolite | |
| Other: Fibre raw, beaten or washed or graded to length: Amosite | |
| Other: Fibre raw, beaten or washed or graded to length: Other | |
| Other: Flakes or powder: Chrysotile | |
| Other: Flakes or powder: Amphibole | |
| Other: Flakes or powder: Crysolite | |
| Other: Flakes or powder: Amosite | |
| Other: Flakes or powder: Other | |
| Other: Other: Waste | |
| Other: Other: Other |
Asbestos - asbestos: asbestos in rock form: chrysotile
Asbestos - asbestos: asbestos in rock form: amphibole
Asbestos - asbestos: asbestos in rock form: other
Asbestos - asbestos: fibre raw, beaten or washed or graded to length : chrysolite
Asbestos - asbestos: fibre raw, beaten or washed or graded to length : amosite
Asbestos - asbestos: fibre raw, beaten or washed or graded to length : other
Asbestos - asbestos: flakes or powder: amosite
Asbestos - asbestos: flakes or powder: other
Asbestos - asbestos: other: waste
Asbestos - asbestos: other: other
Asbestos - crocidolite
Crocidolite
Other: In rock form: Chrysotile
Other: In rock form: Amphibole
Other: In rock form: Crysolite
Other: In rock form: Amosite
Other: In rock form: Other
Other: Fibre raw, beaten or washed or graded to length: Chrysotile
Other: Fibre raw, beaten or washed or graded to length: Amphibole
Other: Fibre raw, beaten or washed or graded to length: Crysolite
Other: Fibre raw, beaten or washed or graded to length: Amosite
Other: Fibre raw, beaten or washed or graded to length: Other
Other: Flakes or powder: Chrysotile
Other: Flakes or powder: Amphibole
Other: Flakes or powder: Crysolite
Other: Flakes or powder: Amosite
Other: Flakes or powder: Other
Other: Other: Waste
Other: Other: Other
It includes Asbestos
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.
Use a delivery challan for sending Asbestos to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
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.
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.