Chapter 47 of the GST framework covers Pulp Of Wood Or Of Other Fibr, and HSN Code 47071000 specifically identifies Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard. Tax rates applicable include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05 for interstate movements. The standard unit of measurement is kg..
HSN Codes under Chapter 47 – Pulp Of Wood Or Of Other Fibr
Below are related HSN codes from Chapter 47 – Pulp Of Wood Or Of Other Fibr for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Pulp Of Wood Or Of Other Fibr... | 47010000 | Mechanical Wood Pulp | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47020000 | Chemical Wood Pulp, Dissolving Grades | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47031100 | Chemical Wood Pulp, Soda Or Sulphate, Otherthan Di... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47031900 | Chemical Wood Pulp, Soda Or Sulphate, Otherthan Di... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47032100 | Chemical Wood Pulp, Soda Or Sulphate, Otherthan Di... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47032900 | Chemical Wood Pulp, Soda Or Sulphate, Otherthan Di... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47041100 | Chemical Wood Pulp, Sulphite, Other Than Dissolvin... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47041900 | Chemical Wood Pulp, Sulphite, Other Than Dissolvin... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47042100 | Chemical Wood Pulp, Sulphite, Other Than Dissolvin... | 0.06 | 0.06 | 0.12 |
| Pulp Of Wood Or Of Other Fibr... | 47042900 | Chemical Wood Pulp, Sulphite, Other Than Dissolvin... | 0.06 | 0.06 | 0.12 |
GST Rates for HSN 47071000
For Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard classified under HSN Code 47071000, tax computation follows GST principles. CGST at 0.025 plus SGST/UTGST at 0.025 covers intrastate sales. IGST at 0.05 applies to interstate transactions. kg. is the prescribed measurement for Pulp Of Wood Or Of Other Fibr under Chapter 47.
Who Should Use HSN Code 47071000?
All businesses supplying Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard are obligated to use HSN 47071000 on tax invoices. From producers to retailers within Pulp Of Wood Or Of Other Fibr, Chapter 47 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard? GST registration is your first compliance requirement for HSN 47071000 goods. International traders in Pulp Of Wood Or Of Other Fibr products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Using HSN Code 47071000 accurately for Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 47 – Pulp Of Wood Or Of Other Fibr to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 47071000 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 47071000 for accurate classification of Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard.
Can I claim input tax credit on Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard purchases?
Yes, registered businesses can claim input tax credit on Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard purchases made under HSN 47071000. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.
What is the difference between CGST and IGST for HSN 47071000?
CGST at 0.025 plus SGST/UTGST at 0.025 applies when Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard domestically?
No, Import Export Code is only required if you plan to import or export Recovered (Waste And Scrap) Paper Or Paperboard - Unbleached Kraft Paper Or Paperboard Or Corrugated Paper Or Paperboard internationally. For domestic trade within Pulp Of Wood Or Of Other Fibr, GST registration is sufficient.
