Within Chapter 43 – Furskins And Artificial Fur;, HSN Code 43040019 serves as the official classification for Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other. This code determines tax rates and compliance obligations for all entities trading in Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in kg..
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 43040019
Tax liability for Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other under HSN 43040019 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 kg..
Who Should Use HSN Code 43040019?
Manufacturers, wholesalers, retailers, and exporters dealing in Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other are required to mention HSN 43040019 on all tax documents. This classification under Furskins And Artificial Fur; applies to businesses of all sizes operating within Chapter 43. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Entering the Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other market requires essential registrations. GST registration enables legal tax collection on HSN 43040019 goods. For cross-border trade in Furskins And Artificial Fur; items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 43040019 for Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 43 – Furskins And Artificial Fur; should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 43040019 falls under Chapter 43 – Furskins And Artificial Fur; in the GST tariff schedule. This chapter covers various goods including Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other.
Yes, IGST at 18.00% is applicable when Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Yes, e-commerce sellers dealing in Artificial Fur And Articles Thereof 4304 00 - Artificial Fur And Articles Thereof: Artificial Fur :Other must use HSN 43040019 on their invoices. This applies to all online platforms operating under Furskins And Artificial Fur; classification.
To import goods under Furskins And Artificial Fur;, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.