Worked Monumental Building Stone GST Rates and HSN Code 6802

The HSN code differentiates products from each other for easy classification and sorting worldwide. This code specifies the product for trading, and the code number extends as per the business turnover to specify that the goods comply with GST. Harmonized System of Nomenclature (HSN) codes are an important factor for India's Goods and Services Taxes (GST). They segregate goods based on their characteristics and help in uniform application of taxes. Understanding HSN codes ensures accurate tax calculation and compliance with GST regulations.

The HSN code & GST rate for Worked Monumental Building Stone, including Granite, is given as 6802 under chapter 68.0 of Articles of Stone, plaster, cement, asbestos, mica, or similar materials. This blog gives you more insights on the HSN code for Worked Monumental or Building Stone, including Granite, key features, and important requirements of HSN code for the business trading of Worked Monumental or Building Stone, including Granite.

What is HSN code 6802?

The HSN code 6802 applies to monumental or building stone worked. It involves processed and finished stone items utilized in the construction of monuments and architectural buildings. The stones under this code are treated with different processes and treatments like cutting, polishing, and carving to enhance their use. They include:

1. Cubes, tiles, and products alike made from natural stones

2. Limestone, Marble, Slate, Granite, and other natural stone

3. Polished, cut or sawn stones are used in construction and architecture.

HSN Code for Worked Monumental Building Stones

Under the Harmonized System of Nomenclature (HSN), 6802 is the designated code for Worked Monumental or Building Stone products.

HSN code 6802 Classification:

HSN Code	Description	GST Rate%
6802	WORKED MONUMENTAL OR BUILDING STONE (EXCEPT SLATE) MOSAIC CUBES, NATURAL STONE (INCLUDING SLATE), ARTIFICIALLY COLOURED GRANULES, CHIPPINGS AND POWDER, OF NATURAL STONE (INCLUDING SLATE)	18%
680210	TILES, CUBES AND SIMILAR ARTICLES, ARTIFICIALLY COLOURED GRANULES, CHIPPINGS AND POWDER	18%
680221	MARBLE, TRAVERTINE AND ALABASTER	18%
68022110	MARBLE BLOCKS OR TILES	18%
68022120	MARBLE MONUMENTAL STONE	18%
680223	GRANITE:	18%
68022310	GRANITE BLOCKS OR TILES	18%
680291	MARBLE, TRAVERTINE AND ALABASTER	18%
680291	OTHER CALCAREOUS STONE	18%
6802 93	GRANITE	18%
690299	OTHER STONE	18%

Note: GST rates are subject to updates, so always verify with the latest GST council notifications.

Input Tax Credit (ITC) On Worked Monumental Stones

Input Tax Credit (ITC) allows businesses to reduce their GST liabilities by claiming credit for paying taxes against manufacturing or trading of monumental or building stones under HSN Code 6802.

GST Compliance and Billing for HSN Code 6802

When invoicing worked monumental stones under GST, businesses should ensure:

1. Correct HSN Code (6802) on invoices.

2. To avoid penalties, businesses should follow proper classification.

3. On-time filing of GSTR-1, GSTR-3B, and GSTR-9

How to Claim ITC for HSN 6802 Products?

1. Ensure that the supplier has uploaded the GST invoice in GSTR-1.

2. The invoice should be matched in GSTR-2B (ITC auto-generated report).

3. While filing monthly returns, claim ITC in GSTR-3B.

4. Keep proper records of purchase invoices for compliance.

Also Read: GST Rate & HSN Code for Ceramic Products - Chapter 69

Main Features of HSN

Here are a few key features of HSN code for different products:

1. The HSN is a unique code that is allotted to different goods for trading. This code consists of 6 digits, characterized by a uniform number. This classifies 5000+ products so far that are accepted worldwide.

2. Under the classification of the HSN module, there are about 21 sections, 99 chapters, 1,244 headings, and 5,244 subheadings in total to facilitate international trade.

3. The first two digits represent the chapter; the next two digits define the category, and further extensions of codes specify more product specifications or country-specific products.

HSN Code in GST

HSN code in GST helps to differentiate various products from one another, hence it is important. Getting the GST for HSN helps to get the idea of whether the product is different and unique from other products. Under this code, products no longer need a detailed explanation, as a specific code is assigned to every product. If a dealer or service provider's turnover falls above the slabs or limit of Rs. 5 crores, he or she must include an HSN/SAC-specific sales summary in his GSTR-1.

Conclusion

Understanding the GST implications for working monumental building stones, including granite (HSN 6802), helps businesses to comply with taxes and regulations while optimizing costs. The Input Tax Credit helps businesses reduce the costs of taxes and improve profitability. This code is mandatory for businesses that exceed the turnover of a certain limit of the business of Rs. 5 crores. This HSN code helps to differentiate and specify the characteristics of products that are used for trading. Adequate knowledge about HSN Code 6802 and its ramifications can smoothen the processes and enhance money management under monumental building stones.

For more insights, visit Swipe or contact a GST professional.

Frequently Asked Questions on HSN Code 6802

1. What is the GST rate for HSN code 6802?

18%

2. What is the GST rate for building stones?

Marble and granite blocks attract a GST rate of 12%. On the other hand, other than blocks, marble and granite attract a GST rate of 28%.

3. What are building stones?

Those natural rocks that are being used in building and construction for architectural functions are called building stones. The building stones perform structural as well as decorative purposes. Some of the widely and frequently used building stones are basalt, marble, limestone, sandstone, slate, granite, etc.