Chapter 10 of the GST framework covers Cereals, and HSN Code 10059030 specifically identifies Popcorn (Zea Mays Ver,Everta) for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Popcorn (Zea Mays Ver,Everta). Tax rates applicable include CGST at 2.5%/Nil, SGST/UTGST at 2.5%/Nil, and IGST at 5%/Nil for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 10 – Cereals
Below are related HSN codes from Chapter 10 – Cereals for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Cereals... | 10011010 | Wheat And Meslin Durum Wheat : Of Seed Quality | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10011090 | Wheat And Meslin Durum Wheat : Other | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10011100 | Seed | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10011900 | Other | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019010 | Wheat And Meslin Other : Wheat Of Seed Quality | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019020 | Wheat And Meslin Other : Other Wheat | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019031 | Wheat And Meslin Other : Meslin : Of Seed Quality | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019039 | Wheat And Meslin Other : Meslin : Other | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019100 | Seed | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Cereals... | 10019910 | Wheat | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
GST Rates for HSN 10059030
Goods classified as Popcorn (Zea Mays Ver,Everta) under HSN 10059030 are taxed based on transaction type. Local sales attract CGST at 2.5%/Nil plus SGST/UTGST at 2.5%/Nil. For supplies crossing state boundaries, IGST at 5%/Nil applies. Documentation must reflect kg. as the measurement standard for Chapter 10 – Cereals products.
Who Should Use HSN Code 10059030?
Traders, manufacturers, and importers of Popcorn (Zea Mays Ver,Everta) are required to mention HSN Code 10059030 on all GST documents. This Cereals classification under Chapter 10 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Popcorn (Zea Mays Ver,Everta) market requires essential registrations. GST registration enables legal tax collection on HSN 10059030 goods. For cross-border trade in Cereals items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Correct HSN Code 10059030 application for Popcorn (Zea Mays Ver,Everta) ensures smooth input credit utilization and assessment processes. Track 2.5%/Nil, 2.5%/Nil, and 5%/Nil rate changes for Chapter 10 – Cereals through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 10059030 belong to?
HSN Code 10059030 falls under Chapter 10 – Cereals in the GST tariff schedule. This chapter covers various goods including Popcorn (Zea Mays Ver,Everta).
Is IGST applicable on Popcorn (Zea Mays Ver,Everta)?
Yes, IGST at 5%/Nil is applicable when Popcorn (Zea Mays Ver,Everta) is supplied interstate or imported. For local sales within a state, CGST at 2.5%/Nil and SGST/UTGST at 2.5%/Nil apply instead.
Can e-commerce sellers use HSN Code 10059030?
Yes, e-commerce sellers dealing in Popcorn (Zea Mays Ver,Everta) must use HSN 10059030 on their invoices. This applies to all online platforms operating under Cereals classification.
How do I start an import business for Cereals goods?
To import goods under Cereals, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
