HSN Code 48063000 provides the tax classification for Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers under Chapter 48 – (Waste And Scrap) Paper Or Pa of the GST tariff. Businesses dealing in Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. 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... 48010010 Newsprint, In Rolls Or Sheets - Newsprint, In Roll... 2.50% 2.50% 5.00%
(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%

GST Rates for HSN 48063000

Tax liability for Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers under HSN 48063000 varies by transaction geography. CGST at 0.09 combined with SGST/UTGST at 0.09 applies to local sales. Interstate movement attracts IGST at 0.18. All billing for Chapter 48 – (Waste And Scrap) Paper Or Pa products must use kg..

Who Should Use HSN Code 48063000?

All businesses supplying Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers are obligated to use HSN 48063000 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

Starting a business involving Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers? GST registration is mandatory for collecting and remitting taxes on HSN 48063000 goods. Companies planning international trade within (Waste And Scrap) Paper Or Pa must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.

Why Correct Classification Matters

Accurate application of HSN Code 48063000 for Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 48 – (Waste And Scrap) Paper Or Pa should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 48063000 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 48063000 for accurate classification of Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers.

Can I claim input tax credit on Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers purchases?

Yes, registered businesses can claim input tax credit on Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers purchases made under HSN 48063000. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 48063000?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers domestically?

No, Import Export Code is only required if you plan to import or export Vegetable Parchment, Greaseproof Papers, Tracing Papers And Glassine And Other Glazed Transparent Or Translucent Papers, In Rolls Or Sheets Tracing Papers internationally. For domestic trade within (Waste And Scrap) Paper Or Pa, GST registration is sufficient.

More HSN codes from Chapter 48

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