Chapter 46 of the GST framework covers Manufactures Of Straw, Of Esp, and HSN Code 46021919 specifically identifies 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: --- Of Palm Leaves : ---- Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of 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: --- Of Palm Leaves : ---- Other. 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 kg..

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 46021919

Goods classified as 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: --- Of Palm Leaves : ---- Other under HSN 46021919 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 kg. as the measurement standard for Chapter 46 – Manufactures Of Straw, Of Esp products.

Who Should Use HSN Code 46021919?

All businesses supplying 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: --- Of Palm Leaves : ---- Other are obligated to use HSN 46021919 on tax invoices. From producers to retailers within Manufactures Of Straw, Of Esp, Chapter 46 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

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: --- Of Palm Leaves : ---- Other market requires essential registrations. GST registration enables legal tax collection on HSN 46021919 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

Proper use of HSN Code 46021919 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: --- Of Palm Leaves : ---- Other streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 46 – Manufactures Of Straw, Of Esp through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 46021919 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 46021919 for accurate classification of 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: --- Of Palm Leaves : ---- Other.

Can I claim input tax credit on 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: --- Of Palm Leaves : ---- Other purchases?

Yes, registered businesses can claim input tax credit on 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: --- Of Palm Leaves : ---- Other purchases made under HSN 46021919. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.

What is the difference between CGST and IGST for HSN 46021919?

CGST at 2.50% plus SGST/UTGST at 2.50% applies when 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: --- Of Palm Leaves : ---- Other is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading 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: --- Of Palm Leaves : ---- Other domestically?

No, Import Export Code is only required if you plan to import or export 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: --- Of Palm Leaves : ---- Other internationally. For domestic trade within Manufactures Of Straw, Of Esp, GST registration is sufficient.

More HSN codes from Chapter 46

Back to Top