HSN Code 44123220 provides the tax classification for Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets 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 Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets 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 44123220
Goods classified as Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets under HSN 44123220 are taxed based on transaction type. Local sales attract CGST at 9.00% plus SGST/UTGST at 9.00%. For supplies crossing state boundaries, IGST at 18.00% applies. Documentation must reflect N.a as the measurement standard for Chapter 44 – Wood And Articles Of Wood; Wo products.
Who Should Use HSN Code 44123220?
Manufacturers, wholesalers, retailers, and exporters dealing in Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets are required to mention HSN 44123220 on all tax documents. This classification under Wood And Articles Of Wood; Wo applies to businesses of all sizes operating within Chapter 44. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets? GST registration is mandatory for collecting and remitting taxes on HSN 44123220 goods. Companies planning international trade within Wood And Articles Of Wood; Wo must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate HSN Code 44123220 usage for Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets 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)
How many digits of HSN Code 44123220 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 44123220 for accurate classification of Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets.
Can I claim input tax credit on Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets purchases?
Yes, registered businesses can claim input tax credit on Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets purchases made under HSN 44123220. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 44123220?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets domestically?
No, Import Export Code is only required if you plan to import or export Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Tea Chest Panels Or Shooks, Packed In Sets internationally. For domestic trade within Wood And Articles Of Wood; Wo, GST registration is sufficient.
