4022920 is the designated HSN classification for Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies, categorized under Chapter 4 – Dairy Produce; Birds? Eggs; N in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in kg. for billing purposes.
HSN Codes under Chapter 4 – Dairy Produce; Birds? Eggs; N
Below are related HSN codes from Chapter 4 – Dairy Produce; Birds? Eggs; N for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Dairy Produce; Birds? Eggs; N... | 4011000 | Milk And Cream-Fat Content, By Weight, <= 1% | Nil/2.5% | Nil/2.5% | Nil/5% |
| Dairy Produce; Birds? Eggs; N... | 4012000 | Milk And Cream-Fat Content, By Weight >1% <= 6% | Nil/2.5% | Nil/2.5% | Nil/5% |
| Dairy Produce; Birds? Eggs; N... | 4014000 | Milk And Cream, Not Concentrated Nor Containing Ad... | Nil/2.5% | Nil/2.5% | Nil/5% |
| Dairy Produce; Birds? Eggs; N... | 4015000 | Milk And Cream, Not Concentrated Nor Containing Ad... | Nil/2.5% | Nil/2.5% | Nil/5% |
| Dairy Produce; Birds? Eggs; N... | 4021010 | Milk And Cream, Concentrated Or Containing Added S... | 2.50% | 2.50% | 5.00% |
| Dairy Produce; Birds? Eggs; N... | 4021020 | Milk And Cream, Concentrated Or Containing Added S... | 2.50% | 2.50% | 5.00% |
| Dairy Produce; Birds? Eggs; N... | 4021090 | Milk And Cream, Concentrated Or Containing Added S... | 0.025 | 0.025 | 0.05 |
| Dairy Produce; Birds? Eggs; N... | 4022100 | Milk And Cream, Concentrated Or Containing Added S... | 0.025 | 0.025 | 0.05 |
| Dairy Produce; Birds? Eggs; N... | 4022910 | Milk And Cream, Concentrated Or Containing Added S... | 2.50% | 2.50% | 5.00% |
| Dairy Produce; Birds? Eggs; N... | 4022990 | Milk And Cream, Concentrated Or Containing Added S... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 4022920
Goods classified as Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies under HSN 4022920 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 4 – Dairy Produce; Birds? Eggs; N products.
Who Should Use HSN Code 4022920?
All businesses supplying Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies are obligated to use HSN 4022920 on tax invoices. From producers to retailers within Dairy Produce; Birds? Eggs; N, Chapter 4 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies? Secure GST registration to handle taxes on HSN 4022920 classified goods. Businesses with international operations in Dairy Produce; Birds? Eggs; N need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Using HSN Code 4022920 accurately for Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 4 – Dairy Produce; Birds? Eggs; N to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 4022920?
The standard unit of measurement for Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies under HSN Code 4022920 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 4022920 mandatory for small businesses?
Yes, businesses dealing in Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies must use HSN 4022920 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 4022920 for Dairy Produce; Birds? Eggs; N goods before invoicing.
Do I need AD Code registration for exporting Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies?
Yes, AD Code registration is required for exporters dealing in Milk And Cream, Concentrated Or Containing Added Sugar Or Other Sweetening Matter Milk For Babies under Dairy Produce; Birds? Eggs; N. This registration links your bank account to process foreign currency payments from overseas buyers.
