As a small or medium business owner or a startup founder in India, understanding GST rates and HSN codes is critical for managing your finances and ensuring compliance with local tax laws. In this article, we will provide an in-depth overview of the GST rates and HSN code for Fulminates, Cyanates, and Thiocyanates.
Fulminates, cyanates, and thiocyanates are inorganic and organic compounds that are commonly used in various industries, including pharmaceuticals, photography, and mining. These compounds are primarily used as initiators or explosives.
The GST rates for Fulminates, Cyanates, and Thiocyanates are as follows:
It is essential to note that the GST rates for Fulminates, Cyanates, and Thiocyanates are subject to change based on updates by the GST Council of India. As such, it is crucial to stay updated with the latest GST rates for your business.
The HSN code for Fulminates, Cyanates, and Thiocyanates is 2838.
Fulminates and Cyanates (HSN code 2838 10 10) fall under the sub-heading of Inorganic Chemicals, while Thiocyanates (HSN code 2838 90 90) fall under the sub-heading of Other Chemicals.
Understanding GST rates and HSN codes is essential for small and medium business owners and startup founders in India. As such, it is crucial to stay updated with the latest GST rates and HSN codes for your business.
We hope that this article has provided you with an in-depth understanding of the GST rates and HSN code for Fulminates, Cyanates, and Thiocyanates.
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