44124900 is the designated HSN classification for Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood, categorized under Chapter 44 – Wood And Articles Of Wood; Wo in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 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 44124900

Tax liability for Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood under HSN 44124900 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 44 – Wood And Articles Of Wood; Wo products must use m3.

Who Should Use HSN Code 44124900?

Every entity transacting in Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood must quote HSN Code 44124900 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

Looking to deal in Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood? GST registration is your first compliance requirement for HSN 44124900 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

Accurate HSN Code 44124900 usage for Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 44 – Wood And Articles Of Wood; Wo to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 44124900 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 44124900 for accurate classification of Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood.

Can I claim input tax credit on Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood purchases?

Yes, registered businesses can claim input tax credit on Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood purchases made under HSN 44124900. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 44124900?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood domestically?

No, Import Export Code is only required if you plan to import or export Wood And Articles Of Wood; Wood Charcoal~Plywood, Veneered Panels And Similar Laminated Wood~Other, With Both Outer Plies Of Coniferous Wood~Other, With Both Outer Plies Of Coniferous Wood internationally. For domestic trade within Wood And Articles Of Wood; Wo, GST registration is sufficient.

More HSN codes from Chapter 44

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