What products are classified under HSN 2605
It includes Cobalt ores & extracts
HSN Sub Chapter 2605 represents Cobalt ores & extracts under GST classification. This code helps businesses identify Cobalt ores & extracts correctly for billing, taxation, and trade. With HSN Sub Chapter 2605, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cobalt ores & extracts.
GST Rate for Cobalt ores & extracts under HSN Code 2605. 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 | 2605 | Cobalt ores and concentrates | 18% | 18% |
Following Tariff HSN code falls under Cobalt ores & extracts:
| Tariff HSN | Description |
|---|---|
| Cobalt ores and concentrates |
Cobalt ores and concentrates
It includes Cobalt ores & extracts
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
If your outward supply of Cobalt 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.
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.
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.
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.
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.