10082960 is the designated HSN classification for Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)), categorized under Chapter 10 – Cereals in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.5%/Nil, SGST/UTGST at 2.5%/Nil for local transactions, and IGST at 5%/Nil for interstate supplies. Quantities are measured in kg. for billing purposes.
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 10082960
The tax structure for Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) under HSN Code 10082960 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 10082960?
All businesses supplying Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) are obligated to use HSN 10082960 on tax invoices. From producers to retailers within Cereals, Chapter 10 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Planning to trade in Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.))? Complete GST registration to legally collect taxes on goods under HSN 10082960. Businesses importing or exporting Cereals products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 10082960 for Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) streamlines audit processes and supports valid credit claims. Stay updated on 2.5%/Nil, 2.5%/Nil, and 5%/Nil rates for Chapter 10 – Cereals through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 10082960 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 10082960 for accurate classification of Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)).
Can I claim input tax credit on Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) purchases?
Yes, registered businesses can claim input tax credit on Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) purchases made under HSN 10082960. Ensure your supplier mentions correct HSN code and GST rates (2.5%/Nil, 2.5%/Nil) on the invoice.
What is the difference between CGST and IGST for HSN 10082960?
CGST at 2.5%/Nil plus SGST/UTGST at 2.5%/Nil applies when Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) is sold within the same state. IGST at 5%/Nil is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) domestically?
No, Import Export Code is only required if you plan to import or export Buckwheat, Millet And Canary Seeds; Other Cereals-Millet : Other: Foxtail (Setaria Italica (L.)) internationally. For domestic trade within Cereals, GST registration is sufficient.
