HSN Code 48010010 provides the tax classification for Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed under Chapter 48 – (Waste And Scrap) Paper Or Pa of the GST tariff. Businesses dealing in Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00%. The recognized unit of measurement is kg..
HSN Codes under Chapter 48 – (Waste And Scrap) Paper Or Pa
Below are related HSN codes from Chapter 48 – (Waste And Scrap) Paper Or Pa for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| (Waste And Scrap) Paper Or Pa... | 48010090 | Newsprint, In Rolls Or Sheets - Newsprint, In Roll... | 0.025 | 0.025 | 0.05 |
| (Waste And Scrap) Paper Or Pa... | 48021010 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 6.00% | 6.00% | 12.00% |
| (Waste And Scrap) Paper Or Pa... | 48021020 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 0.06 | 0.06 | 0.12 |
| (Waste And Scrap) Paper Or Pa... | 48022010 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 6.00% | 6.00% | 12.00% |
| (Waste And Scrap) Paper Or Pa... | 48022090 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 6.00% | 6.00% | 12.00% |
| (Waste And Scrap) Paper Or Pa... | 48023000 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 0.06 | 0.06 | 0.12 |
| (Waste And Scrap) Paper Or Pa... | 48024000 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 0.06 | 0.06 | 0.12 |
| (Waste And Scrap) Paper Or Pa... | 48025410 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 6.00% | 6.00% | 12.00% |
| (Waste And Scrap) Paper Or Pa... | 48025420 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 6.00% | 6.00% | 12.00% |
| (Waste And Scrap) Paper Or Pa... | 48025430 | Uncoated Paper And Paperboard, Of A Kind Used For ... | 6.00% | 6.00% | 12.00% |
GST Rates for HSN 48010010
The taxation of Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed under HSN Code 48010010 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use kg. for (Waste And Scrap) Paper Or Pa goods under Chapter 48.
Who Should Use HSN Code 48010010?
All businesses supplying Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed are obligated to use HSN 48010010 on tax invoices. From producers to retailers within (Waste And Scrap) Paper Or Pa, Chapter 48 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Entering the Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed market requires essential registrations. GST registration enables legal tax collection on HSN 48010010 goods. For cross-border trade in (Waste And Scrap) Paper Or Pa 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 48010010 usage for Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 48 – (Waste And Scrap) Paper Or Pa to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
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 48010010 for accurate classification of Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed.
Yes, registered businesses can claim input tax credit on Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed purchases made under HSN 48010010. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Newsprint, In Rolls Or Sheets - Newsprint, In Rolls Or Sheets :Glazed internationally. For domestic trade within (Waste And Scrap) Paper Or Pa, GST registration is sufficient.