Chapter 44 of the GST framework covers Wood And Articles Of Wood; Wo, and HSN Code 44129340 specifically identifies Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard 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 44129340
The tax structure for Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm under HSN Code 44129340 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. 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 44129340?
Every entity transacting in Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm must quote HSN Code 44129340 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
Starting a business involving Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm? GST registration is mandatory for collecting and remitting taxes on HSN 44129340 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
Correct HSN Code 44129340 application for Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 44 – Wood And Articles Of Wood; Wo through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 44129340 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 44129340 for accurate classification of Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm.
Can I claim input tax credit on Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm purchases?
Yes, registered businesses can claim input tax credit on Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm purchases made under HSN 44129340. 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 44129340?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm 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 : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm domestically?
No, Import Export Code is only required if you plan to import or export Plywood, Veneered Panels And Similar Laminated Wood - Other : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm internationally. For domestic trade within Wood And Articles Of Wood; Wo, GST registration is sufficient.
