Chapter 24 of the GST framework covers Tobacco And Manufactured Toba, and HSN Code 24039960 specifically identifies Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence. Tax rates applicable include CGST at 14.00%, SGST/UTGST at 14.00%, and IGST at 28.00% for interstate movements. The standard unit of measurement is kg..
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 24039960
Tax liability for Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence under HSN 24039960 varies by transaction geography. CGST at 14.00% combined with SGST/UTGST at 14.00% applies to local sales. Interstate movement attracts IGST at 28.00%. All billing for Chapter 24 – Tobacco And Manufactured Toba products must use kg..
Who Should Use HSN Code 24039960?
Traders, manufacturers, and importers of Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence are required to mention HSN Code 24039960 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
Starting a business involving Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence? GST registration is mandatory for collecting and remitting taxes on HSN 24039960 goods. Companies planning international trade within Tobacco And Manufactured Toba 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
Accurate HSN Code 24039960 usage for Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence simplifies reconciliation and protects against penalties. Keep current with 14.00%, 14.00%, and 28.00% updates for Chapter 24 – Tobacco And Manufactured Toba to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 24039960?
Official GST rates for Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence under HSN 24039960 are published in government notifications and the CBIC website. Current rates are CGST 14.00%, SGST/UTGST 14.00%, and IGST 28.00%.
Do online marketplaces need to mention HSN 24039960?
Yes, online marketplaces and e-commerce operators selling Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence must mention HSN Code 24039960 on invoices. This Tobacco And Manufactured Toba classification applies to all sales channels under Chapter 24.
What documents are needed for company registration to trade in Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence under HSN 24039960.
How often do GST rates change for Tobacco And Manufactured Toba products?
GST rates for Other Manufactured Tobacco And Manufactured Tobacco Substitutes;Homogenised Or Reconstituted Tobacco; Tobacco Extracts And Essences - Other : Other : Tobacco Extracts And Essence and other Tobacco And Manufactured Toba products under Chapter 24 may change through GST Council recommendations. Monitor official notifications to stay updated on 14.00%, 14.00%, and 28.00% revisions.