HSN Code 44122950 provides the tax classification for Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under Chapter 44 – Wood And Articles Of Wood; Wo of the GST tariff. Businesses dealing in Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm 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 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 44122950
Tax liability for Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under HSN 44122950 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 44 – Wood And Articles Of Wood; Wo products must use N.a.
Who Should Use HSN Code 44122950?
Every entity transacting in Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm must quote HSN Code 44122950 on invoices. This includes traders, distributors, and e-commerce sellers operating under Wood And Articles Of Wood; Wo. Chapter 44 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm? Secure GST registration to handle taxes on HSN 44122950 classified goods. Businesses with international operations in Wood And Articles Of Wood; Wo need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Accurate HSN Code 44122950 usage for Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm simplifies reconciliation and protects against penalties. Keep current with 9.00%, 9.00%, and 18.00% updates for Chapter 44 – Wood And Articles Of Wood; Wo to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 44122950 used for?
HSN Code 44122950 is used to classify Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under Chapter 44 – Wood And Articles Of Wood; Wo for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 44122950?
For Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm?
Yes, GST registration is mandatory for businesses dealing in Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under HSN 44122950. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Plywood, Veneered Panels And Similar Laminated Wood - Other, With At Least One Outer Ply Of Nonconiferous Wood : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm?
For importing goods under Wood And Articles Of Wood; Wo, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
