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HSN CODE - 28342920 : MAGNESIUM NITRATE
HSN CODE | Description | Policy |
---|---|---|
2834 | NITRITES; NITRATES | |
283429 | Other | |
28342920 | MAGNESIUM NITRATE | Free |
Harmonised System of Nomenclature (HSN Codes) 28342920 are used for the MAGNESIUM NITRATE 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 28342920
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 (34) represent the heading number which is NITRITES; NITRATES
Next two digits (29) represent the product code which is Other
Last two digits (20) are for final or deeper classification which is MAGNESIUM NITRATE
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.