Under the GST regime, HSN Code 44124200 classifies Other, With At Least One Outer Ply Of Non-Coniferous Wood within Chapter 44 – Wood And Articles Of Wood; Wo. This code is essential for businesses to correctly calculate and remit taxes on Other, With At Least One Outer Ply Of Non-Coniferous Wood. The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using 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 44124200
For Other, With At Least One Outer Ply Of Non-Coniferous Wood classified under HSN Code 44124200, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. m3 is the prescribed measurement for Wood And Articles Of Wood; Wo under Chapter 44.
Who Should Use HSN Code 44124200?
Any business engaged in supplying Other, With At Least One Outer Ply Of Non-Coniferous Wood must apply HSN 44124200 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
Looking to deal in Other, With At Least One Outer Ply Of Non-Coniferous Wood? GST registration is your first compliance requirement for HSN 44124200 goods. International traders in Wood And Articles Of Wood; Wo products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Using HSN Code 44124200 accurately for Other, With At Least One Outer Ply Of Non-Coniferous Wood avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 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 44124200?
The standard unit of measurement for Other, With At Least One Outer Ply Of Non-Coniferous Wood under HSN Code 44124200 is m3. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 44124200 mandatory for small businesses?
Yes, businesses dealing in Other, With At Least One Outer Ply Of Non-Coniferous Wood must use HSN 44124200 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 Other, With At Least One Outer Ply Of Non-Coniferous Wood?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 44124200 for Wood And Articles Of Wood; Wo goods before invoicing.
Do I need AD Code registration for exporting Other, With At Least One Outer Ply Of Non-Coniferous Wood?
Yes, AD Code registration is required for exporters dealing in Other, With At Least One Outer Ply Of Non-Coniferous Wood under Wood And Articles Of Wood; Wo. This registration links your bank account to process foreign currency payments from overseas buyers.
