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Published on:
February 25, 2023
By
Harshini

IRON OXIDES HYDROXIDES - GST RATES  HSN CODE 2821

Iron Oxides and Hydroxides are inorganic compounds that are widely used in various industries. They are known for their unique properties such as magnetic, electrical, and optical properties. In this article, we will discuss the GST rates and HSN code for Iron Oxides and Hydroxides, which are important for businesses dealing with these substances.

HSN Code 2821

Iron Oxides and Hydroxides are classified under HSN code 2821. This code is used by the Indian government to classify goods and services for the purpose of levying taxes. The GST rates for Iron Oxides and Hydroxides are as follows:- 28% GST rate for Iron Oxides and Hydroxides in the form of pigments, paints, and other coatings.- 18% GST rate for Iron Oxides and Hydroxides in the form of ores, concentrates, and other products.

Iron Oxides and Hydroxides

Now that we have discussed the GST rates and HSN code for Iron Oxides and Hydroxides, let us learn more about these substances. Iron Oxides and Hydroxides are naturally occurring minerals that are abundant in the earth's crust. They are composed of iron, oxygen, and hydrogen atoms and have a wide range of colors such as red, yellow, black, and brown. They are commonly used as pigments in paints, coatings, and inks due to their color stability, opacity, and tinting strength.

In addition to their use as pigments, Iron Oxides and Hydroxides are also used as catalysts, adsorbents, and absorbents in various chemical reactions. They are also used in the production of magnetic materials such as magnetic tapes, hard disk drives, and magnetic fluids. Iron Oxides and Hydroxides have a number of unique properties that make them useful in a variety of applications.

For example, they are known for their magnetic properties, which make them useful in the production of magnetic materials. They are also known for their electrical conductivity, which makes them useful in electronics and electrical applications. In addition to their magnetic and electrical properties, Iron Oxides and Hydroxides also have optical properties such as color, reflectance, and absorbance. These properties make them useful in the production of pigments and dyes for a variety of applications such as textiles, printing, and cosmetics.

Conclusion

In conclusion, Iron Oxides and Hydroxides are important substances that are widely used in various industries. As we have seen in this article, the GST rates and HSN code for Iron Oxides and Hydroxides are important for businesses dealing with these substances. Understanding the properties and applications of Iron Oxides and Hydroxides can help businesses make informed decisions about their use in their products and processes.

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Updated on:
March 16, 2024