Chapter 10 of the GST framework covers Cereals, and HSN Code 10061010 specifically identifies Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality. 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 10061010
The tax structure for Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality under HSN Code 10061010 follows a dual taxation model. CGST is levied at 2.5%/Nil and SGST/UTGST at 2.5%/Nil for intrastate sales. Interstate transactions attract IGST at 5%/Nil. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 10 – Cereals.
Who Should Use HSN Code 10061010?
Every entity transacting in Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality must quote HSN Code 10061010 on invoices. This includes traders, distributors, and e-commerce sellers operating under Cereals. Chapter 10 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality? GST registration is mandatory for collecting and remitting taxes on HSN 10061010 goods. Companies planning international trade within Cereals must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate HSN Code 10061010 usage for Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality simplifies reconciliation and protects against penalties. Keep current with 2.5%/Nil, 2.5%/Nil, and 5%/Nil updates for Chapter 10 – Cereals to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 10061010 used for?
HSN Code 10061010 is used to classify Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality under Chapter 10 – Cereals for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 10061010?
For Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality, CGST applies at 2.5%/Nil and SGST/UTGST at 2.5%/Nil for intrastate supplies. Interstate transactions are taxed under IGST at 5%/Nil.
Do I need GST registration to trade in Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality?
Yes, GST registration is mandatory for businesses dealing in Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality under HSN 10061010. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Rice Rice In The Husk (Paddy Or Rough) : Of Seed Quality?
For importing goods under Cereals, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
