Feldspar, Leucite & Others: GST & HSN Code 2529

If you are a small-scale entrepreneur in India or a budding one, you need to understand the tax implications and particular codes for FELDSPAR, LEUCITE, NEPHELINE AND NEPHELINE SYENITE and FLUORSPAR. This article simplifies in easy language what you need to know about the HSN code for this charge.

What is the HSN code for FELDSPAR, LEUCITE, NEPHELINE AND NEPHELINE SYENITE; FLUORSPAR 2529?

FELDSPAR; LEUCITE; NEPHELINE AND NEPHELINE SYENITE; FLUORSPAR fall under HSN code 2529. The two digits, 25, represent the chapter for mineral products, salt, sulphur, earths and stone. The code includes plastering materials, lime and cement. FELDSPAR; LEUCITE; NEPHELINE AND NEPHELINE SYENITE; FLUORSPAR are all included in it. All six digits together define the services precisely.

What is an HSN?

The HSN code is a sequence of numeric or alphanumeric characters assigned to each category of product or service type. In other words, each level of code denotes the category,, subcategory, and item. The more prolonged code means more elaborative the classification. The hierarchical structure of HSN codes is clear for better clarity.

Why the correct HSN code should be used on your Invoice?

The proper identification of FELDSPAR, LEUCITE, NEPHELINE, NEPHELINE SYENITE, and FLUORSPAR with the appropriate HSN code is quite important for several reasons:

GST Compliance: In India, the use of an HSN code while compliance under GST is a must. In other words, the code defines the rate of GST payable on each product and service. Incorrect coding can make the code reflect the wrong rate of tax payable, which may result in some form of penalties.
Legal Obligation: HSN code to be used on invoices is necessitated by Indian tax jurisdiction. Non-inclusion or use of incorrect codes invites legal litigation with consequent financial penalties.
Avoiding Tax Errors: Accurate HSN classification prevents overcharging or undercharging of taxes on goods and services. The right code ensures the application of correct rates of GST and accurate calculation of tax.
Customs Processing: The Indian customs authorities charge duty on the grounds of HSN code in case of importation or exportation. Precise coding plays a great role in swift customs clearance with minimum chances of delay or dispute.
Audits and Record-Keeping: HSN code documentation plays a very important role in audits and record-keeping, as it enables business processes to provide the correct and verifiable information for transactions when required.

How to Find the Correct HSN Code: Finding the appropriate HSN code, such as the one for FELDSPAR; LEUCITE; NEPHELINE, NEPHELINE SYENITE; FLUORSPAR, is critical for GST compliance and to calculate the exact tax to be paid. There are several ways you will be able to determine the right code for your business:

How to Locate the Correct HSN Code

Finding the appropriate HSN code, such as the one for FELDSPAR; LEUCITE; NEPHELINE, NEPHELINE SYENITE; FLUORSPAR, is essential for GST compliance and accurate tax calculations. Here are some methods to help you identify the right code for your business:

Official GST Website: The GST portal is the most reliable source for HSN codes. From the GST homepage, go to ‘Search HSN Code’ under ‘Services > User Services’. You can either Search By HSN or Search By Description. Select the most convenient method to find the exact HSN code for your product or service.

Trusted Online HSN Code Finder Tools: While the GST portal is accurate, it can be complex to navigate. An easier alternative is using an online HSN code finder tool like Swipe. Simply input the product description or relevant keywords to retrieve the applicable HSN code.

Swipe offers more than just a tool; it’s a valuable partner for navigating GST compliance, helping small businesses across India manage their requirements effortlessly. Join millions of businesses today to experience simplified compliance and enhanced business management.

Key Feautres of HSN Code

Here are certain key features of the HSN code for Different products:

The HSN code is a unique code that is allotted to different goods for trading. This code consists of 6 digits, characterised by the uniform number. This classifies 5000+ products so far that are accepted worldwide.
Moreover, the length of the HSN code may vary and is varied as per several factors, such as greater subdivision of products, expanded product categories, and even covering the business turnover
Under the classification of the HSN module, there are about 21 sections, 99 chapters, 1,244 headings and 5,244 subheadings in total to facilitate international trade.
The first two digits represent the chapter; the next two digits define the category, and further extensions of codes specify more product specifications or country-specific products.

HSN Code is GST

The Hsn code refers to all the specific details of the product along with the characteristics. HSN Code in GST is important to differentiate the products from one another. Getting the GST for HSN helps to get the idea whether the product is different and unique in character to other products. Under this code, the HSN code removes the need for a detailed description of products. If a dealer or service provider's turnover falls above the slabs or limit of Rs. 5 crore, he or she must include an HSN/SAC-specific sales summary in his GSTR-1.

HSN Code	Description	Effective Date	Rate Revision
2529	Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar	01/07/2017	5%
252910	Feldspar	01/07/2017	5%
25291010	Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Feldspar: Lumps	01/07/2017	5%
25291020	Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Feldspar: Powder	01/07/2017	5%
25292100	Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Fluorspar: Containing By Weight 97% Or Less Of Calcium Fluoride	01/07/2017	5%
25292200	Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Fluorspar: Containing By Weight More Than 97% Of Calcium Fluoride	01/07/2017	5%
25293000	Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Leucite; Nepheline And Nepheline Syenite	01/07/2017	5%

HSN Code in Export

When exporting, a certificate of origin is required; there is a negative for some HSN code on which exemptions or benefits can’t be provided. The HSN code for exporting code falls under the subheading of the negative list, which exempts certain goods that fall under the negative list.

Conclusion

The HSN code 25292100 in Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Fluorspar: Containing By Weight 97% Or Less Of Calcium Fluoride pays the taxes on the turnover of their business. This code is mandatory for businesses that exceed the turnover of a certain limit of business of Rs. 5 crore. This HSN code helps to differentiate and specify the characteristics of products that are used for trading. If you get the Live Horses HSN code 25292100, your business goods get complete identification and recognition from a diverse range of items trading.

FAQS

1. What is the HSN code for Feldspar; Leucite; Nepheline and Nepheline Syenite; Fluorspar - Fluorspar: Containing by weight 97% or less of calcium fluoride?

HSN code for Feldspar; Leucite; Nepheline And Nepheline Syenite; Fluorspar - Fluorspar: Containing By Weight 97% Or Less Of Calcium Fluoride is 252921

2. Under what code does HSN 25292100 fall?

Feldspar.
Leucite.
Nepheline and Nepheline Syenite.
Fluorspar - Fluorspar: Containing by weight 97% or Less of Calcium Fluoride. This category of goods falls under

3. Are there differences between the HS code and the HSN code?

The HS code and HSN code consist of an 8-digit code, also known as the product description. The HSN code, however, restricts itself to only 4 digits in cases where the turnover does not exceed Rs. 5 crore.

4. Do we require a new HSN code when we have a different brand for the same line of products?

Neither will you need a new HSN code if it is the same product line and a different brand in the state of origin.

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