Under the GST regime, HSN Code 24021020 classifies Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos within Chapter 24 – Tobacco And Manufactured Toba. This code is essential for businesses to correctly calculate and remit taxes on Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos. The applicable rates are CGST at 0.14, SGST/UTGST at 0.14 for within-state sales, and IGST at 0.28 for interstate supplies. Goods are quantified using N.a.
HSN Codes under Chapter 24 – Tobacco And Manufactured Toba
Below are related HSN codes from Chapter 24 – Tobacco And Manufactured Toba for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Tobacco And Manufactured Toba... | 24011010 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 2.5%/14% | 2.5%/14% | 5/28% |
| Tobacco And Manufactured Toba... | 24011020 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 2.5%/14% | 2.5%/14% | 5/28% |
| Tobacco And Manufactured Toba... | 24011030 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 2.5%/14% | 2.5%/14% | 5/28% |
| Tobacco And Manufactured Toba... | 24011040 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 14.00% | 14.00% | 28.00% |
| Tobacco And Manufactured Toba... | 24011050 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 14.00% | 14.00% | 28.00% |
| Tobacco And Manufactured Toba... | 24011060 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 14.00% | 14.00% | 28.00% |
| Tobacco And Manufactured Toba... | 24011070 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 14.00% | 14.00% | 28.00% |
| Tobacco And Manufactured Toba... | 24011080 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 14.00% | 14.00% | 28.00% |
| Tobacco And Manufactured Toba... | 24011090 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 0.14 | 0.14 | 0.28 |
| Tobacco And Manufactured Toba... | 24012010 | Unmanufactured Tobacco; Tobacco Refuse - Tobacco, ... | 14.00% | 14.00% | 28.00% |
GST Rates for HSN 24021020
Tax liability for Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos under HSN 24021020 varies by transaction geography. CGST at 0.14 combined with SGST/UTGST at 0.14 applies to local sales. Interstate movement attracts IGST at 0.28. All billing for Chapter 24 – Tobacco And Manufactured Toba products must use N.a.
Who Should Use HSN Code 24021020?
Traders, manufacturers, and importers of Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos are required to mention HSN Code 24021020 on all GST documents. This Tobacco And Manufactured Toba classification under Chapter 24 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos market requires essential registrations. GST registration enables legal tax collection on HSN 24021020 goods. For cross-border trade in Tobacco And Manufactured Toba 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
Using HSN Code 24021020 accurately for Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos avoids compliance issues and facilitates credit claims. Monitor changes to 0.14, 0.14, and 0.28 rates for Chapter 24 – Tobacco And Manufactured Toba to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 24021020 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 24021020 for accurate classification of Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos.
Can I claim input tax credit on Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos purchases?
Yes, registered businesses can claim input tax credit on Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos purchases made under HSN 24021020. Ensure your supplier mentions correct HSN code and GST rates (0.14, 0.14) on the invoice.
What is the difference between CGST and IGST for HSN 24021020?
CGST at 0.14 plus SGST/UTGST at 0.14 applies when Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos is sold within the same state. IGST at 0.28 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos domestically?
No, Import Export Code is only required if you plan to import or export Cigars, Cheroots, Cigarillos And Cigarettes, Of Tobacco Or Of Tobacco Substitutes - Cigars, Cheroots And Cigarillos, Containing Tobacco : Cigarillos internationally. For domestic trade within Tobacco And Manufactured Toba, GST registration is sufficient.