44123440 is the designated HSN classification for Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm, categorized under Chapter 44 – Wood And Articles Of Wood; Wo in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in m3 for billing purposes.
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 44123440
Goods classified as Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under HSN 44123440 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 m3 as the measurement standard for Chapter 44 – Wood And Articles Of Wood; Wo products.
Who Should Use HSN Code 44123440?
All businesses supplying Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm are obligated to use HSN 44123440 on tax invoices. From producers to retailers within Wood And Articles Of Wood; Wo, Chapter 44 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Planning to trade in Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm? Complete GST registration to legally collect taxes on goods under HSN 44123440. 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 44123440 accurately for Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm 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)
Where can I find the official GST rate for HSN 44123440?
Official GST rates for Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under HSN 44123440 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 44123440?
Yes, online marketplaces and e-commerce operators selling Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm must mention HSN Code 44123440 on invoices. This Wood And Articles Of Wood; Wo classification applies to all sales channels under Chapter 44.
What documents are needed for company registration to trade in Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under HSN 44123440.
How often do GST rates change for Wood And Articles Of Wood; Wo products?
GST rates for Cutting And Trimmings Of Plywood Of Width Not Exceeding 5 Cm and other Wood And Articles Of Wood; Wo products under Chapter 44 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
