As a small or medium business owner or startup founder in India, one of the most important things you need to understand is the GST (Goods and Services Tax) rates and HSN (Harmonized System of Nomenclature) code for the products you deal with. In this article, we will focus on Hydrogen, Rare Gases, and Other Non-Metals.
The GST rate for Hydrogen, Rare Gases, and Other Non-Metals is 18%. This means that if you are a supplier or manufacturer dealing with these products, you need to charge your customers 18% GST on the selling price of the goods.
It is important to note that this rate is subject to change, and you should always check the latest GST rates before making any transactions.
The HSN code for Hydrogen, Rare Gases, and Other Non-Metals is 2804. This code is used to classify and identify the products in the GST system.
The HSN code for Hydrogen is 2804 10 00, for Rare Gases is 2804 21 00, and for Other Non-Metals is 2804 90 00. When dealing with these products, it is important to ensure that you use the correct HSN code to avoid any issues with the tax authorities.
Understanding the GST rates and HSN code for Hydrogen, Rare Gases, and Other Non-Metals is crucial for any business dealing with these products in India. By charging the correct GST rate and using the correct HSN code, you can ensure that your business complies with the GST laws and regulations.
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