Under the GST regime, HSN Code 46029000 classifies Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah - Other within Chapter 46 – Manufactures Of Straw, Of Esp. This code is essential for businesses to correctly calculate and remit taxes 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 - Other. The applicable rates are CGST at 0.025, SGST/UTGST at 0.025 for within-state sales, and IGST at 0.05 for interstate supplies. Goods are quantified using 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 46029000

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 - Other under HSN 46029000 are taxed based on transaction type. Local sales attract CGST at 0.025 plus SGST/UTGST at 0.025. For supplies crossing state boundaries, IGST at 0.05 applies. Documentation must reflect kg. as the measurement standard for Chapter 46 – Manufactures Of Straw, Of Esp products.

Who Should Use HSN Code 46029000?

Traders, manufacturers, and importers 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 - Other are required to mention HSN Code 46029000 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

Planning 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 - Other? Complete GST registration to legally collect taxes on goods under HSN 46029000. Businesses importing or exporting Manufactures Of Straw, Of Esp products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Why Correct Classification Matters

Using HSN Code 46029000 accurately 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 - Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 46 – Manufactures Of Straw, Of Esp to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 46029000?

The standard unit of measurement 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 - Other under HSN Code 46029000 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 46029000 mandatory for small businesses?

Yes, 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 - Other must use HSN 46029000 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code 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 - Other?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 46029000 for Manufactures Of Straw, Of Esp goods before invoicing.

Do I need AD Code registration for exporting Basketwork, Wickerwork And Other Articles, Made Directly To Shape From Plaiting Materials Or Made Up From Goods Of Heading 46 01; Articles Of Loofah - Other?

Yes, AD Code registration is required for exporters 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 - Other under Manufactures Of Straw, Of Esp. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 46

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