41012020 is the designated HSN classification for Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig..., categorized under Chapter 41 – Raw Hides And Skins (Other Th in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... 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 41 – Raw Hides And Skins (Other Th

Below are related HSN codes from Chapter 41 – Raw Hides And Skins (Other Th for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Raw Hides And Skins (Other Th... 41012010 Raw Hides And Skins Of Bovine (Including Buffalo) ... 2.50% 2.50% 5.00%
Raw Hides And Skins (Other Th... 41012090 Raw Hides And Skins Of Bovine (Including Buffalo) ... 0.025 0.025 0.05
Raw Hides And Skins (Other Th... 41015010 Raw Hides And Skins Of Bovine (Including Buffalo) ... 2.50% 2.50% 5.00%
Raw Hides And Skins (Other Th... 41015020 Raw Hides And Skins Of Bovine (Including Buffalo) ... 2.50% 2.50% 5.00%
Raw Hides And Skins (Other Th... 41015090 Raw Hides And Skins Of Bovine (Including Buffalo) ... 0.025 0.025 0.05
Raw Hides And Skins (Other Th... 41019010 Raw Hides And Skins Of Bovine (Including Buffalo) ... 2.50% 2.50% 5.00%
Raw Hides And Skins (Other Th... 41019020 Raw Hides And Skins Of Bovine (Including Buffalo) ... 2.50% 2.50% 5.00%
Raw Hides And Skins (Other Th... 41019090 Raw Hides And Skins Of Bovine (Including Buffalo) ... 0.025 0.025 0.05
Raw Hides And Skins (Other Th... 41021010 Raw Skins Of Sheep Or Lambs (Fresh, Or Salted, Dri... 2.50% 2.50% 5.00%
Raw Hides And Skins (Other Th... 41021020 Raw Skins Of Sheep Or Lambs (Fresh, Or Salted, Dri... 2.50% 2.50% 5.00%

GST Rates for HSN 41012020

Tax liability for Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... under HSN 41012020 varies by transaction geography. CGST at 2.50% combined with SGST/UTGST at 2.50% applies to local sales. Interstate movement attracts IGST at 5.00%. All billing for Chapter 41 – Raw Hides And Skins (Other Th products must use kg..

Who Should Use HSN Code 41012020?

Any business engaged in supplying Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... must apply HSN 41012020 on invoices. The Raw Hides And Skins (Other Th category under Chapter 41 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Planning to trade in Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig...? Complete GST registration to legally collect taxes on goods under HSN 41012020. Businesses importing or exporting Raw Hides And Skins (Other Th 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 41012020 usage for Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 41 – Raw Hides And Skins (Other Th to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 41012020?

The standard unit of measurement for Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... under HSN Code 41012020 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 41012020 mandatory for small businesses?

Yes, businesses dealing in Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... must use HSN 41012020 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 Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig...?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 41012020 for Raw Hides And Skins (Other Th goods before invoicing.

Do I need AD Code registration for exporting Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig...?

Yes, AD Code registration is required for exporters dealing in Raw Hides And Skins Of Bovine (Including Buffalo) Or Equine Animals (Fresh Or Salted, Dried, Limed, Pickled Or Otherwise Preserved, But Not Tanned, Parchment-Dressed Or Further Prepared), Whether Or Not Dehaired Or Split - Whole Hides And Skins Of A Weig... under Raw Hides And Skins (Other Th. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 41

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