HSN Code 14049050 provides the tax classification for Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha under Chapter 14 – Vegetable Plaiting Materials; of the GST tariff. Businesses dealing in Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..
HSN Codes under Chapter 14 – Vegetable Plaiting Materials;
Below are related HSN codes from Chapter 14 – Vegetable Plaiting Materials; for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Vegetable Plaiting Materials;... | 14011000 | Vegetable Materials Of A Kind Used Primarily For P... | 2.50% | 2.50% | 5.00% |
| Vegetable Plaiting Materials;... | 14012000 | Vegetable Materials Of A Kind Used Primarily For P... | 2.50% | 2.50% | 5.00% |
| Vegetable Plaiting Materials;... | 14019010 | Vegetable Materials Of A Kind Used Primarily For P... | 2.50% | 2.50% | 5.00% |
| Vegetable Plaiting Materials;... | 14019090 | Vegetable Materials Of A Kind Used Primarily For P... | 0.025 | 0.025 | 0.05 |
| Vegetable Plaiting Materials;... | 14030010 | Vegetable Material Of A Kind Used Primarily In Bro... | |||
| Vegetable Plaiting Materials;... | 14030090 | Vegetable Material Of A Kind Used Primarily In Bro... | |||
| Vegetable Plaiting Materials;... | 14041011 | Vegetable Products Not Elsewhere Specified Or Incl... | 2.50% | 2.50% | 5.00% |
| Vegetable Plaiting Materials;... | 14041019 | Vegetable Products Not Elsewhere Specified Or Incl... | 2.50% | 2.50% | 5.00% |
| Vegetable Plaiting Materials;... | 14041020 | Vegetable Products Not Elsewhere Specified Or Incl... | 2.50% | 2.50% | 5.00% |
| Vegetable Plaiting Materials;... | 14041030 | Vegetable Products Not Elsewhere Specified Or Incl... | 2.50% | 2.50% | 5.00% |
GST Rates for HSN 14049050
Tax liability for Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha under HSN 14049050 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 14 – Vegetable Plaiting Materials; products must use kg..
Who Should Use HSN Code 14049050?
Any business engaged in supplying Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha must apply HSN 14049050 on invoices. The Vegetable Plaiting Materials; category under Chapter 14 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha? GST registration is mandatory for collecting and remitting taxes on HSN 14049050 goods. Companies planning international trade within Vegetable Plaiting Materials; 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
Correct HSN Code 14049050 application for Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 14 – Vegetable Plaiting Materials; through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 14049050?
The standard unit of measurement for Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha under HSN Code 14049050 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 14049050 mandatory for small businesses?
Yes, businesses dealing in Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha must use HSN 14049050 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 14049050 for Vegetable Plaiting Materials; goods before invoicing.
Do I need AD Code registration for exporting Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha?
Yes, AD Code registration is required for exporters dealing in Vegetable Products Not Elsewhere Specified Or Included Other : Indian Katha under Vegetable Plaiting Materials;. This registration links your bank account to process foreign currency payments from overseas buyers.