Chapter 44 of the GST framework covers Wood And Articles Of Wood; Wo, and HSN Code 44072300 specifically identifies Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak. 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 m3.

HSN Codes under Chapter 44 – Wood And Articles Of Wood; Wo

Below are related HSN codes from Chapter 44 – Wood And Articles Of Wood; Wo for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Wood And Articles Of Wood; Wo... 44011010 Fuel Wood, In Logs, In Billets, In Twigs, In Faggo... 2.50% 2.50% 5.00%
Wood And Articles Of Wood; Wo... 44011090 Fuel Wood, In Logs, In Billets, In Twigs, In Faggo... 0.025 0.025 0.05
Wood And Articles Of Wood; Wo... 44011110 In Logs 0.025 0.025 0.05
Wood And Articles Of Wood; Wo... 44011190 Other Nil Nil Nil
Wood And Articles Of Wood; Wo... 44011210 In Logs 0.025 0.025 0.05
Wood And Articles Of Wood; Wo... 44011290 Other Nil Nil Nil
Wood And Articles Of Wood; Wo... 44012100 Fuel Wood, In Logs, In Billets, In Twigs, In Faggo... 0.025 0.025 0.05
Wood And Articles Of Wood; Wo... 44012200 Fuel Wood, In Logs, In Billets, In Twigs, In Faggo... 0.025 0.025 0.05
Wood And Articles Of Wood; Wo... 44013100 Fuel Wood, In Logs, In Billets, In Twigs, In Faggo... 0.025 0.025 0.05
Wood And Articles Of Wood; Wo... 44013200 Wood And Articles Of Wood; Wood Charcoal~Fuel Wood... 0.025 0.025 0.05

GST Rates for HSN 44072300

The tax structure for Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak under HSN Code 44072300 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in m3 as the standard measurement for goods under Chapter 44 – Wood And Articles Of Wood; Wo.

Who Should Use HSN Code 44072300?

Traders, manufacturers, and importers of Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak are required to mention HSN Code 44072300 on all GST documents. This Wood And Articles Of Wood; Wo classification under Chapter 44 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Planning to trade in Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak? Complete GST registration to legally collect taxes on goods under HSN 44072300. Businesses importing or exporting Wood And Articles Of Wood; Wo 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

Using HSN Code 44072300 accurately for Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak avoids compliance issues and facilitates credit claims. Monitor changes to 9.00%, 9.00%, and 18.00% rates for Chapter 44 – Wood And Articles Of Wood; Wo to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 44072300?

The standard unit of measurement for Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak under HSN Code 44072300 is m3. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 44072300 mandatory for small businesses?

Yes, businesses dealing in Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak must use HSN 44072300 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 Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 44072300 for Wood And Articles Of Wood; Wo goods before invoicing.

Do I need AD Code registration for exporting Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak?

Yes, AD Code registration is required for exporters dealing in Wood And Articles Of Wood; Wood Charcoal~Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm~Teak ~Teak under Wood And Articles Of Wood; Wo. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 44

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