What products are classified under HSN 2816
It includes Magnesium & strontium compounds
HSN Sub Chapter 2816 represents Magnesium & strontium compounds under GST classification. This code helps businesses identify Magnesium & strontium compounds correctly for billing, taxation, and trade. With HSN Sub Chapter 2816, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Magnesium & strontium compounds.
GST Rate for Magnesium & strontium compounds under HSN Code 2816. 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 |
|---|---|---|---|---|
| 28 | 2816 | Hydroxide and peroxide of magnesium;oxides, hydroxides and peroxides, of strontium or barium | 18% | 18% |
Chapter: 28
Description: Hydroxide and peroxide of magnesium;oxides, hydroxides and peroxides, of strontium or barium
Following Tariff HSN code falls under Magnesium & strontium compounds:
| Tariff HSN | Description |
|---|---|
| INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Hydroxide of magnesium | |
| INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Peroxide of magnesium | |
| INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Oxides, hydroxides and peroxides,of strontium or barium |
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Hydroxide of magnesium
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Hydroxide and peroxide of magnesium : Peroxide of magnesium
INORGANIC BASES AND OXIDES,HYDROXIDES AND PEROXIDES OF METALS : Oxides, hydroxides and peroxides,of strontium or barium
It includes Magnesium & strontium compounds
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.
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.
If your outward supply of Magnesium & strontium compounds 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.
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.
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.
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.