What products are classified under HSN 2846
It includes Rare-earth metal compounds
HSN Sub Chapter 2846 represents Rare-earth metal compounds under GST classification. This code helps businesses identify Rare-earth metal compounds correctly for billing, taxation, and trade. With HSN Sub Chapter 2846, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Rare-earth metal compounds.
GST Rate for Rare-earth metal compounds under HSN Code 2846. 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 | 2846 | Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals | 18% | 18% |
Chapter: 28
Description: Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals
Following Tariff HSN code falls under Rare-earth metal compounds:
| Tariff HSN | Description |
|---|---|
| MISCELLANEOUS : Cerium compounds : Cerium oxides | |
| MISCELLANEOUS : Cerium compounds : Other | |
| MISCELLANEOUS : Other : Rare-earth oxides not elsewhere included or specified | |
| MISCELLANEOUS : Other : Rare-earth fluorides not elsewhere included or specified | |
| MISCELLANEOUS : Other : Rare-earth chlorides not elsewhere included or specified | |
| MISCELLANEOUS : Other : Other |
MISCELLANEOUS : Cerium compounds : Cerium oxides
MISCELLANEOUS : Cerium compounds : Other
MISCELLANEOUS : Other : Rare-earth oxides not elsewhere included or specified
MISCELLANEOUS : Other : Rare-earth fluorides not elsewhere included or specified
MISCELLANEOUS : Other : Rare-earth chlorides not elsewhere included or specified
MISCELLANEOUS : Other : Other
It includes Rare-earth metal compounds
If your outward supply of Rare-earth metal 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.
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Rare-earth metal compounds 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.
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.