HSN CODE - 81049030 : MAGNESIUM WIRE

Harmonised System of Nomenclature (HSN Codes) 81049030 are used for the MAGNESIUM WIRE 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 81049030

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 (90) represent the product code which is Other

Last two digits (30) are for final or deeper classification which is MAGNESIUM WIRE

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