What products are classified under HSN 2603
It includes Copper ores & extracts
HSN Sub Chapter 2603 represents Copper ores & extracts under GST classification. This code helps businesses identify Copper ores & extracts correctly for billing, taxation, and trade. With HSN Sub Chapter 2603, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Copper ores & extracts.
GST Rate for Copper ores & extracts under HSN Code 2603. 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 |
|---|---|---|---|---|
| 26 | 2603 | Copper ores and concertrates | 18% | 18% |
Following Tariff HSN code falls under Copper ores & extracts:
| Tariff HSN | Description |
|---|---|
| Copper ores and concertrates |
Copper ores and concertrates
It includes Copper ores & extracts
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 Copper ores & extracts 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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Copper ores & extracts 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.
If your outward supply of Copper ores & extracts 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.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
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.