New
Published on:
February 25, 2023
By
Harshini

Unwrought Aluminium - GST Rates  HSN Code 7601

Unwrought aluminium is a widely used material in various industries such as construction, automotive, aerospace, and packaging. The GST rates and HSN code for unwrought aluminium are important information for businesses dealing with the material. In this article, we will discuss the GST rates and HSN code for unwrought aluminium.

GST Rates for Unwrought Aluminium

The GST rates for unwrought aluminium are as follows:

  • 18% GST for aluminium ingots, aluminium wire rods, aluminium scrap, and aluminium powder
  • 28% GST for aluminium bars, aluminium sheets, aluminium foils, and aluminium tubes

It is important to note that the above rates are subject to change as per the GST council's decision.

HSN Code for Unwrought Aluminium

The HSN code for unwrought aluminium is 7601. This code is used for the following products:

1. Aluminium ingots

2. Aluminium wire rods

3. Aluminium scrap

4. Aluminium powder

5. Aluminium bars

6. Aluminium sheets

7. Aluminium foils

8. Aluminium tubes

It is important to use the correct HSN code while making invoices and filing GST returns to avoid any penalties.

Conclusion

Unwrought aluminium is an important material used in various industries. The GST rates and HSN code for unwrought aluminium are crucial information for businesses dealing with the material. The GST rates for different products made from unwrought aluminium are subject to change as per the GST council's decision. It is important to use the correct HSN code while making invoices and filing GST returns to avoid any penalties.

Suggestions



UPI Payment Link: Payment Link with the Magic of UPI
Used New Rags - GST Rates  HSN Code 6310
ELECTRIC ELECTRON BEAM - GST RATES & HSN CODE 8515

Updated on:
March 16, 2024