Chapter 75 – HSN Code & GST Rate for Nickel and Articles Thereof
Chapter 75 of the Harmonized System of Nomenclature (HSN) encompasses various products made of nickel and its alloys, including finished goods and components utilized across diverse industries. Familiarizing oneself with the HSN codes and GST rates applicable to these products is essential for businesses involved in nickel-related activities. Below are the HSN codes and GST rates for significant nickel articles:
Products Description | HSN Codes | GST Rate (%) |
---|---|---|
Unwrought nickel | 7502 | 5 |
Nickel waste and scrap | 7503 | 18 |
Nickel bars, rods, and profiles | 7505 | 18 |
Nickel plates, sheets, strips, and foil | 7506 | 18 |
Nickel tubes and pipes | 7507 | 18 |
Nickel tubes and pipes fittings | 7507 | 18 |
Nickel wire | 7508 | 18 |
Nickel powders and flakes | 7504 | 18 |
Nickel screws, bolts, nuts, and similar threaded articles | 7507 | 18 |
Chapter 75 includes a broad spectrum of nickel products utilized in aerospace, automotive, and chemical industries, among others. Accurate classification under the relevant HSN codes ensures proper taxation and compliance with GST regulations.