HSN Code 46021090 provides the tax classification for Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other under Chapter 46 – Manufactures Of Straw, Of Esp of the GST tariff. Businesses dealing in Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05. The recognized 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... 46012020 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

GST Rates for HSN 46021090

The tax structure for Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other under HSN Code 46021090 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 46 – Manufactures Of Straw, Of Esp.

Who Should Use HSN Code 46021090?

Every entity transacting in Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other must quote HSN Code 46021090 on invoices. This includes traders, distributors, and e-commerce sellers operating under Manufactures Of Straw, Of Esp. Chapter 46 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Entering the Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other market requires essential registrations. GST registration enables legal tax collection on HSN 46021090 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 46021090 usage for Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 46 – Manufactures Of Straw, Of Esp to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 46021090 used for?

HSN Code 46021090 is used to classify Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other under Chapter 46 – Manufactures Of Straw, Of Esp for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 46021090?

For Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.

Do I need GST registration to trade in Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other?

Yes, GST registration is mandatory for businesses dealing in Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other under HSN 46021090. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah Of Vegetable Materials : Other?

For importing goods under Manufactures Of Straw, Of Esp, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 46

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