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HSN CODE - 28161020 : PEROXIDE OF MAGNESIUM
HSN CODE | Description | Policy |
---|---|---|
2816 | HYDROXIDE AND PEROXIDE OF MAGNESIUM; OXIDES, HYDROXIDES AND PEROXIDES, OF STRONTIUM OR BARIUM | |
281610 | Hydroxide and peroxide of magnesium | |
28161020 | PEROXIDE OF MAGNESIUM | Free |
Harmonised System of Nomenclature (HSN Codes) 28161020 are used for the PEROXIDE OF MAGNESIUM products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 28161020
First two digits (28) represent the chapter number which is Chapter 28 - Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes
Next two digits (16) represent the heading number which is HYDROXIDE AND PEROXIDE OF MAGNESIUM; OXIDES, HYDROXIDES AND PEROXIDES, OF STRONTIUM OR BARIUM
Next two digits (10) represent the product code which is Hydroxide and peroxide of magnesium
Last two digits (20) are for final or deeper classification which is PEROXIDE OF MAGNESIUM
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.