HSN Code 2601
Iron ores and concentrates
HSN Code2601
DescriptionIron ores and concentrates
CategoryOres
GST Rate5%
CGST + SGST (Intra-state)2.5% + 2.5%
IGST (Inter-state)5%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹500.00, Total = ₹10,500.00
Related HSN Codes in Ores
| HSN Code | Description | GST Rate |
|---|---|---|
| 1209 | Seeds, fruits and spores for sowing | 0% |
| 2602 | Manganese ores and concentrates | 5% |
| 2603 | Copper ores and concentrates | 5% |
| 2606 | Aluminium ores (bauxite) and concentrates | 5% |
| 9986 | Support services to agriculture, forestry | 0% |
About HSN Code 2601
HSN code 2601 is used to classify iron ores and concentrates under the Goods and Services Tax (GST) system in India. This code falls under the Ores category and attracts a GST rate of 5%.
HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.