HSN CODE - 28431010 : COLLOIDAL PRECIOUS METALS OF GOLD

Harmonised System of Nomenclature (HSN Codes) 28431010 are used for the COLLOIDAL PRECIOUS METALS OF GOLD 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 28431010

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 (43) represent the heading number which is COLLOIDAL PRECIOUS METALS; INORGANIC OR ORGANIC COMPOUNDS OF PRECIOUS METALS, WHETHER OR NOT CHEMICALLY DEFINED; AMALGAMS OF PRECIOUS METALS

Next two digits (10) represent the product code which is Colloidal precious metals

Last two digits (10) are for final or deeper classification which is COLLOIDAL PRECIOUS METALS OF GOLD

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.