HSN Code 508 is a specific code under the Harmonized System of Nomenclature (HSN) used to classify products related to Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof.“” These codes play a crucial role in determining the Goods and Services Tax (GST) rate applicable to various goods.
HSN Code GST Rate and Product Details
Schedules | I |
S. No. | 19 |
Chapter / Heading / Sub-heading / Tariff item | 508 |
Description of Goods | Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof. |
CGST Rate (%) | 2.50% |
SGST / UTGST Rate (%) | 2.50% |
IGST Rate (%) | 5% |
Frequently Asked Question
What is the HSN code 508?
Coral and similar materials, unworked or simply prepared but not otherwise worked; shells of molluscs, crustaceans or echinoderms and cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof. – HSN CODE 508
What is the GST Rate for HSN code 508?
GST Rate is 5% i.e. SGST / UTGST Rate (%) = 2.5% & CGST Rate (%) = 2.5%