40117000 is the designated HSN classification for Of A Kind Used On Agricultural Or Forestry Vehicles And Machines, categorized under Chapter 40 – Rubber And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Of A Kind Used On Agricultural Or Forestry Vehicles And Machines must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in u for billing purposes.

HSN Codes under Chapter 40 – Rubber And Articles Thereof

Below are related HSN codes from Chapter 40 – Rubber And Articles Thereof for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Rubber And Articles Thereof... 40011010 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 2.50% 2.50% 5.00%
Rubber And Articles Thereof... 40011020 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 0.025 0.025 0.05
Rubber And Articles Thereof... 40012100 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 0.025 0.025 0.05
Rubber And Articles Thereof... 40012200 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 0.025 0.025 0.05
Rubber And Articles Thereof... 40012910 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 2.50% 2.50% 5.00%
Rubber And Articles Thereof... 40012920 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 2.50% 2.50% 5.00%
Rubber And Articles Thereof... 40012930 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 2.50% 2.50% 5.00%
Rubber And Articles Thereof... 40012940 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 2.50% 2.50% 5.00%
Rubber And Articles Thereof... 40012990 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 0.025 0.025 0.05
Rubber And Articles Thereof... 40013000 Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... 0.025 0.025 0.05

GST Rates for HSN 40117000

The taxation of Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under HSN Code 40117000 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use u for Rubber And Articles Thereof goods under Chapter 40.

Who Should Use HSN Code 40117000?

Traders, manufacturers, and importers of Of A Kind Used On Agricultural Or Forestry Vehicles And Machines are required to mention HSN Code 40117000 on all GST documents. This Rubber And Articles Thereof classification under Chapter 40 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Looking to deal in Of A Kind Used On Agricultural Or Forestry Vehicles And Machines? GST registration is your first compliance requirement for HSN 40117000 goods. International traders in Rubber And Articles Thereof products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Proper use of HSN Code 40117000 for Of A Kind Used On Agricultural Or Forestry Vehicles And Machines streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 40 – Rubber And Articles Thereof through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 40117000 used for?

HSN Code 40117000 is used to classify Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under Chapter 40 – Rubber And Articles Thereof for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 40117000?

For Of A Kind Used On Agricultural Or Forestry Vehicles And Machines, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

Do I need GST registration to trade in Of A Kind Used On Agricultural Or Forestry Vehicles And Machines?

Yes, GST registration is mandatory for businesses dealing in Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under HSN 40117000. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Of A Kind Used On Agricultural Or Forestry Vehicles And Machines?

For importing goods under Rubber And Articles Thereof, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 40

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