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HSN CODE - 81042090 : OTHER WASTE AND SCRAP OF MAGNESIUM
| HSN CODE | Description | Policy |
|---|---|---|
| 8104 | MAGNESIUM AND ARTICLES THEREOF, INCLUDING WASTE AND SCRAP | |
| 810420 | Waste and scrap | |
| 81042090 | OTHER WASTE AND SCRAP OF MAGNESIUM | Restricted |
Harmonised System of Nomenclature (HSN Codes) 81042090 are used for the OTHER WASTE AND SCRAP 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 81042090
First two digits (81) represent the chapter number which is Chapter 81 - Other base metals; cermets; articles thereof
Next two digits (04) represent the heading number which is MAGNESIUM AND ARTICLES THEREOF, INCLUDING WASTE AND SCRAP
Next two digits (20) represent the product code which is Waste and scrap
Last two digits (90) are for final or deeper classification which is OTHER WASTE AND SCRAP OF MAGNESIUM
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.