What products are classified under HSN 2607
It includes Lead ores & extracts
HSN Sub Chapter 2607 represents Lead ores & extracts under GST classification. This code helps businesses identify Lead ores & extracts correctly for billing, taxation, and trade. With HSN Sub Chapter 2607, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lead ores & extracts.
GST Rate for Lead ores & extracts under HSN Code 2607. 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 | 2607 | Lead ores and concentrates | 18% | 18% |
Following Tariff HSN code falls under Lead ores & extracts:
| Tariff HSN | Description |
|---|---|
| Lead ores and concentrates |
Lead ores and concentrates
It includes Lead ores & extracts
Use a delivery challan for sending Lead 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.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.