HSN Code: 23061090 Oil-Cake And Other Solid

Chapter 23 of the GST framework covers Residues And Waste From The F, and HSN Code 23061090 specifically identifies Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other. Tax rates applicable include CGST at Nil, SGST/UTGST at Nil, and IGST at Nil for interstate movements. The standard unit of measurement is kg..

HSN Codes under Chapter 23 – Residues And Waste From The F

Below are related HSN codes from Chapter 23 – Residues And Waste From The F for your reference:

Chapter	HSN Code	Description	CGST	SGST/UTGST	IGST
Residues And Waste From The F...	23011010	Flours, Meals And Pellets, Of Meator Meat Offal, O...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23011090	Flours, Meals And Pellets, Of Meator Meat Offal, O...	0.025	0.025	0.05
Residues And Waste From The F...	23012011	Flours, Meals And Pellets, Of Meator Meat Offal, O...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23012019	Flours, Meals And Pellets, Of Meator Meat Offal, O...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23012090	Flours, Meals And Pellets, Of Meator Meat Offal, O...	0.025	0.025	0.05
Residues And Waste From The F...	23021010	Bran, Sharps And Other Residues, Whetheror Not In ...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23021090	Bran, Sharps And Other Residues, Whetheror Not In ...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23022010	Bran, Sharps And Other Residues, Whetheror Not In ...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23022020	Bran, Sharps And Other Residues, Whetheror Not In ...	2.50%	2.50%	5.00%
Residues And Waste From The F...	23022090	Bran, Sharps And Other Residues, Whetheror Not In ...	0.025	0.025	0.05

GST Rates for HSN 23061090

For Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other classified under HSN Code 23061090, tax computation follows GST principles. CGST at Nil plus SGST/UTGST at Nil covers intrastate sales. IGST at Nil applies to interstate transactions. kg. is the prescribed measurement for Residues And Waste From The F under Chapter 23.

Who Should Use HSN Code 23061090?

Every entity transacting in Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other must quote HSN Code 23061090 on invoices. This includes traders, distributors, and e-commerce sellers operating under Residues And Waste From The F. Chapter 23 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Entering the Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other market requires essential registrations. GST registration enables legal tax collection on HSN 23061090 goods. For cross-border trade in Residues And Waste From The F 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 23061090 application for Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other ensures smooth input credit utilization and assessment processes. Track Nil, Nil, and Nil rate changes for Chapter 23 – Residues And Waste From The F through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 23061090 belong to?

HSN Code 23061090 falls under Chapter 23 – Residues And Waste From The F in the GST tariff schedule. This chapter covers various goods including Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other.

Is IGST applicable on Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other?

Yes, IGST at Nil is applicable when Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other is supplied interstate or imported. For local sales within a state, CGST at Nil and SGST/UTGST at Nil apply instead.

Can e-commerce sellers use HSN Code 23061090?

Yes, e-commerce sellers dealing in Oil-Cake And Other Solid Residues, Whether Or Not Ground Or In The Form Ofpellets, Resulting From The Extraction Ofvegetable Fats Or Oils, Other Than Thoseof Heading 2304 Or 2305 - Of Cotton Seeds : Other must use HSN 23061090 on their invoices. This applies to all online platforms operating under Residues And Waste From The F classification.

How do I start an import business for Residues And Waste From The F goods?

To import goods under Residues And Waste From The F, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.

HSN Code & GST Rates for Oil-Cake And Other Solid :- 23061090