Chapter 42 of the GST framework covers Articles Of Leather; Saddlery, and HSN Code 42050011 specifically identifies Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 42 – Articles Of Leather; Saddlery
Below are related HSN codes from Chapter 42 – Articles Of Leather; Saddlery for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Leather; Saddlery... | 42010000 | Saddlery And Harness For Any Animal (Including Tra... | 0.09 | 0.09 | 0.18 |
| Articles Of Leather; Saddlery... | 42021110 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021120 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021130 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021140 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021150 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021160 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021170 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
| Articles Of Leather; Saddlery... | 42021190 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 0.09 | 0.09 | 0.18 |
| Articles Of Leather; Saddlery... | 42021210 | Trunks, Suit-Cases, Vanity-Cases, Executivecases, ... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 42050011
For Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T classified under HSN Code 42050011, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Articles Of Leather; Saddlery under Chapter 42.
Who Should Use HSN Code 42050011?
All businesses supplying Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T are obligated to use HSN 42050011 on tax invoices. From producers to retailers within Articles Of Leather; Saddlery, Chapter 42 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Planning to trade in Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T? Complete GST registration to legally collect taxes on goods under HSN 42050011. Businesses importing or exporting Articles Of Leather; Saddlery 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
Proper use of HSN Code 42050011 for Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 42 – Articles Of Leather; Saddlery through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 42050011?
The standard unit of measurement for Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T under HSN Code 42050011 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 42050011 mandatory for small businesses?
Yes, businesses dealing in Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T must use HSN 42050011 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 Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 42050011 for Articles Of Leather; Saddlery goods before invoicing.
Do I need AD Code registration for exporting Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T?
Yes, AD Code registration is required for exporters dealing in Other Articles Of Leather Or Of Composition Leather - Other Articles Of Leather Or Of Composition Leather : Straps Other Than For Machinery Or Harness : Wel T under Articles Of Leather; Saddlery. This registration links your bank account to process foreign currency payments from overseas buyers.
