23064900 is the designated HSN classification 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 Rape Or Colza Seeds : Other, categorized under Chapter 23 – Residues And Waste From The F in the GST tariff structure. Businesses involved in trading, manufacturing, or importing 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 Rape Or Colza Seeds : Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Quantities are measured in kg. for billing purposes.
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 23064900
Goods classified as 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 Rape Or Colza Seeds : Other under HSN 23064900 are taxed based on transaction type. Local sales attract CGST at 0.025 plus SGST/UTGST at 0.025. For supplies crossing state boundaries, IGST at 0.05 applies. Documentation must reflect kg. as the measurement standard for Chapter 23 – Residues And Waste From The F products.
Who Should Use HSN Code 23064900?
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 Rape Or Colza Seeds : Other must quote HSN Code 23064900 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
Planning to trade 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 Rape Or Colza Seeds : Other? Complete GST registration to legally collect taxes on goods under HSN 23064900. Businesses importing or exporting Residues And Waste From The F 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
Accurate HSN Code 23064900 usage 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 Rape Or Colza Seeds : Other simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 23 – Residues And Waste From The F to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 23064900 is used to classify 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 Rape Or Colza Seeds : Other under Chapter 23 – Residues And Waste From The F for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
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 Rape Or Colza Seeds : Other, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.
Yes, GST registration is mandatory for businesses 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 Rape Or Colza Seeds : Other under HSN 23064900. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Residues And Waste From The F, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.