Within Chapter 44 – Wood And Articles Of Wood; Wo, HSN Code 44123290 serves as the official classification for Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other. This code determines tax rates and compliance obligations for all entities trading in Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other. CGST applies at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Measurement is standardized in 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 44123290

The tax structure for Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other under HSN Code 44123290 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 44 – Wood And Articles Of Wood; Wo.

Who Should Use HSN Code 44123290?

Any business engaged in supplying Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other must apply HSN 44123290 on invoices. The Wood And Articles Of Wood; Wo category under Chapter 44 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Entering the Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other market requires essential registrations. GST registration enables legal tax collection on HSN 44123290 goods. For cross-border trade in Wood And Articles Of Wood; Wo 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

Proper use of HSN Code 44123290 for Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 44 – Wood And Articles Of Wood; Wo through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 44123290 used for?

HSN Code 44123290 is used to classify Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other 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 44123290?

For Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

Do I need GST registration to trade in Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other?

Yes, GST registration is mandatory for businesses dealing in Plywood, Veneered Panels And Similar Laminated Wood -- Other, With At Least One Outerply Of Non-Coniferous Wood:--- Other under HSN 44123290. 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 Outerply Of Non-Coniferous Wood:--- Other?

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.

More HSN codes from Chapter 44

Back to Top