What is HSN code 43031020?

HSN code 43031020 is a classification under the Harmonized System of Nomenclature used to identify goods for GST in India. The goods description and applicable GST rate are shown in the details on this page.

What is the GST rate for HSN code 43031020?

The GST rate applicable to HSN 43031020 is shown in the details above. GST rates are revised from time to time through CBIC notifications, so always confirm the current rate before raising an invoice.

How many digits does an HSN code have?

Under Indian GST, HSN codes are 2, 4, 6 or 8 digits. Businesses quote 4, 6 or 8 digits on invoices depending on turnover; code 43031020 follows this same structure.

What is the structure of HSN code 43031020?

An HSN code breaks down into a 2-digit Chapter, 4-digit Heading and 6-digit Sub-heading, extending to an 8-digit tariff item in India. Code 43031020 sits within this hierarchy.

Where is the HSN code used?

HSN codes are quoted on GST invoices and in GSTR-1 returns, and are used to classify goods for GST rate determination and customs.

HSN Code: 43031020 Articles Of Apparel, Clothing

HSN Code 43031020 provides the tax classification for Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 under Chapter 43 – Furskins And Artificial Fur; of the GST tariff. Businesses dealing in Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is N.a.

HSN Codes under Chapter 43 – Furskins And Artificial Fur;

Below are related HSN codes from Chapter 43 – Furskins And Artificial Fur; for your reference:

Chapter	HSN Code	Description	CGST	SGST/UTGST	IGST
Furskins And Artificial Fur;...	43011000	Raw Furskins (Including Heads, Tails, Paws And Oth...	0.09	0.09	0.18
Furskins And Artificial Fur;...	43013000	Raw Furskins (Including Heads, Tails, Paws And Oth...	0.09	0.09	0.18
Furskins And Artificial Fur;...	43016000	Raw Furskins (Including Heads, Tails, Paws And Oth...	9.00%	9.00%	18.00%
Furskins And Artificial Fur;...	43017000	Raw Furskins (Including Heads, Tails, Paws And Oth...	0.09	0.09	0.18
Furskins And Artificial Fur;...	43018000	Raw Furskins (Including Heads, Tails, Paws And Oth...	0.09	0.09	0.18
Furskins And Artificial Fur;...	43019000	Raw Furskins (Including Heads, Tails, Paws And Oth...	0.09	0.09	0.18
Furskins And Artificial Fur;...	43021100	Tanned Or Dressed Furskins (Including Heads, Tails...	9.00%	9.00%	18.00%
Furskins And Artificial Fur;...	43021300	Tanned Or Dressed Furskins (Including Heads, Tails...	0.09	0.09	0.18
Furskins And Artificial Fur;...	43021910	Tanned Or Dressed Furskins (Including Heads, Tails...	9.00%	9.00%	18.00%
Furskins And Artificial Fur;...	43021920	Tanned Or Dressed Furskins (Including Heads, Tails...	9.00%	9.00%	18.00%

GST Rates for HSN 43031020

Tax liability for Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 under HSN 43031020 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 43 – Furskins And Artificial Fur; products must use N.a.

Who Should Use HSN Code 43031020?

Every entity transacting in Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 must quote HSN Code 43031020 on invoices. This includes traders, distributors, and e-commerce sellers operating under Furskins And Artificial Fur;. Chapter 43 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Looking to deal in Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10? GST registration is your first compliance requirement for HSN 43031020 goods. International traders in Furskins And Artificial Fur; 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

Accurate HSN Code 43031020 usage for Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 43 – Furskins And Artificial Fur; to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 43031020?

Official GST rates for Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 under HSN 43031020 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.

Do online marketplaces need to mention HSN 43031020?

Yes, online marketplaces and e-commerce operators selling Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 must mention HSN Code 43031020 on invoices. This Furskins And Artificial Fur; classification applies to all sales channels under Chapter 43.

What documents are needed for company registration to trade in Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 under HSN 43031020.

How often do GST rates change for Furskins And Artificial Fur; products?

GST rates for Articles Of Apparel, Clothing Accessories And Other Articles Of Furskin - Articles Of Apparel And Clothing Accessories: Of Animals Covered Under Convention On International Trade Of Endangered Species (Cites), Other Than Those Of Tariff Item 4303 10 10 and other Furskins And Artificial Fur; products under Chapter 43 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.

HSN Code & GST Rates for Articles Of Apparel, Clothing :- 43031020