Chapter 46 of the GST framework covers Manufactures Of Straw, Of Esp, and HSN Code 46012020 specifically identifies Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art.... Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard unit of measurement is N.a.
HSN Codes under Chapter 46 – Manufactures Of Straw, Of Esp
Below are related HSN codes from Chapter 46 – Manufactures Of Straw, Of Esp for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Manufactures Of Straw, Of Esp... | 46012010 | Plaits And Similar Products Of Plaiting Materials,... | 2.50% | 2.50% | 5.00% |
| Manufactures Of Straw, Of Esp... | 46012090 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46012100 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46012200 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46012900 | Plaits And Similar Products Of Plaiting Materials,... | 2.50% | 2.50% | 5.00% |
| Manufactures Of Straw, Of Esp... | 46019100 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46019200 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46019300 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46019400 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
| Manufactures Of Straw, Of Esp... | 46019900 | Plaits And Similar Products Of Plaiting Materials,... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 46012020
Goods classified as Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... under HSN 46012020 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect N.a as the measurement standard for Chapter 46 – Manufactures Of Straw, Of Esp products.
Who Should Use HSN Code 46012020?
Traders, manufacturers, and importers of Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... are required to mention HSN Code 46012020 on all GST documents. This Manufactures Of Straw, Of Esp classification under Chapter 46 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... market requires essential registrations. GST registration enables legal tax collection on HSN 46012020 goods. For cross-border trade in Manufactures Of Straw, Of Esp 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
Accurate HSN Code 46012020 usage for Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 46 – Manufactures Of Straw, Of Esp to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 46012020 falls under Chapter 46 – Manufactures Of Straw, Of Esp in the GST tariff schedule. This chapter covers various goods including Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art....
Yes, IGST at 5.00% is applicable when Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Yes, e-commerce sellers dealing in Plaits And Similar Products Of Plaiting Materials, Whether Or Not Assembled Into Strips ; Plaiting Materials, Plaits And Similar Products Of Plaiting Materials, Bound Together In Parallel Strands Or Woven, In Sheet Form, Whether Or Not Being Finished Art... must use HSN 46012020 on their invoices. This applies to all online platforms operating under Manufactures Of Straw, Of Esp classification.
To import goods under Manufactures Of Straw, Of Esp, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.