Understanding Ferrous Bisglycinate HSN Code: A Comprehensive Guide
In the world of dietary supplements and nutritional products, understanding the classification and coding of various compounds is essential for manufacturers, importers, and consumers alike. One such compound that has gained significant attention for its health benefits is ferrous bisglycinate. In this article, we will delve into the HSN code for ferrous bisglycinate, its significance, and its applications.
What is Ferrous Bisglycinate?
Ferrous bisglycinate is a chelated form of iron, where iron is bound to two glycine molecules. This unique structure enhances its bioavailability, making it an effective supplement for individuals suffering from iron deficiency or those in need of additional iron intake, such as pregnant women and athletes. Unlike traditional iron supplements, ferrous bisglycinate is known for its gentle effect on the gastrointestinal tract, minimizing common side effects like constipation and nausea.
The Importance of HSN Codes
HSN (Harmonized System of Nomenclature) codes are internationally standardized numbers used to classify products for customs and trade purposes. Understanding the HSN code of a product is crucial for several reasons:
1. Facilitates International Trade: HSN codes help in the smooth movement of goods across borders by providing a clear classification that is recognized globally.
2. Taxation and Compliance: Different products may attract different tax rates. Knowing the HSN code can help businesses ensure compliance with tax regulations and avoid penalties.
3. Inventory Management: For manufacturers and retailers, HSN codes help in organizing and managing inventory effectively.
Ferrous Bisglycinate HSN Code
The HSN code for ferrous bisglycinate varies depending on the country and its specific classification system. In India, for instance, ferrous bisglycinate is typically classified under the HSN code 2836, which covers “Inorganic chemicals; compound of aluminum, of iron or of rare earth metals.” However, to ensure accuracy, it is always recommended to consult the latest customs notifications or a tax professional, as codes can be updated or changed.
Applications of Ferrous Bisglycinate
Ferrous bisglycinate is widely used in various applications, including:
– Dietary Supplements: As a highly bioavailable form of iron, it is commonly found in multivitamins and specialized iron supplements.
– Functional Foods: Many food products are fortified with ferrous bisglycinate to enhance their nutritional profile, particularly in products aimed at pregnant women and individuals with dietary restrictions.
– Animal Nutrition: Ferrous bisglycinate is also used in veterinary medicine to promote iron levels in livestock and pets, ensuring their overall health and well-being.
Conclusion
Understanding the HSN code for ferrous bisglycinate is essential for anyone involved in the production, distribution, or consumption of this beneficial iron supplement. With its superior bioavailability and minimal side effects, ferrous bisglycinate is a valuable addition to the health and wellness industry. Always ensure to stay updated with the latest regulations and classifications to optimize your business operations and compliance.
For more information on ferrous bisglycinate and its applications, or for assistance with HSN codes, consider consulting with a professional in customs or trade regulations. This knowledge can empower you to make informed decisions in your health and wellness journey.