Under the GST regime, HSN Code 49040000 classifies Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated within Chapter 49 – Printed Books, Newspapers, Pi. This code is essential for businesses to correctly calculate and remit taxes on Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated. The applicable rates are CGST at Nil, SGST/UTGST at 0 for within-state sales, and IGST at 0 for interstate supplies. Goods are quantified using 0.

HSN Codes under Chapter 49 – Printed Books, Newspapers, Pi

Below are related HSN codes from Chapter 49 – Printed Books, Newspapers, Pi for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Printed Books, Newspapers, Pi... 49011010 Printed Books, Brochures, Leaflets And Similar Pri... 2.50% 2.50% 5.00%
Printed Books, Newspapers, Pi... 49011020 Printed Books, Brochures, Leaflets And Similar Pri... 0.025 0.025 0.05
Printed Books, Newspapers, Pi... 49019100 Printed Books, Brochures, Leaflets And Similar Pri... 0.025 0.025 0.05
Printed Books, Newspapers, Pi... 49019900 Printed Books, Brochures, Leaflets And Similar Pri... 0.025 0.025 0.05
Printed Books, Newspapers, Pi... 49021010 Newspapers, Journals And Periodicals, Whether Or N... Nil Nil Nil
Printed Books, Newspapers, Pi... 49021020 Newspapers, Journals And Periodicals, Whether Or N... Nil Nil Nil
Printed Books, Newspapers, Pi... 49029010 Newspapers, Journals And Periodicals, Whether Or N... Nil Nil Nil
Printed Books, Newspapers, Pi... 49029020 Newspapers, Journals And Periodicals, Whether Or N... Nil Nil Nil
Printed Books, Newspapers, Pi... 49030010 Children'S Picture, Drawing Or Colouring Books Chi... Nil Nil Nil
Printed Books, Newspapers, Pi... 49030020 Children'S Picture, Drawing Or Colouring Books Chi... Nil Nil Nil

GST Rates for HSN 49040000

The taxation of Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated under HSN Code 49040000 depends on supply location. Intrastate transactions require CGST at Nil and SGST/UTGST at 0. Interstate supplies are charged IGST at 0. Invoices should consistently use 0 for Printed Books, Newspapers, Pi goods under Chapter 49.

Who Should Use HSN Code 49040000?

Any business engaged in supplying Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated must apply HSN 49040000 on invoices. The Printed Books, Newspapers, Pi category under Chapter 49 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Starting a business involving Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated? GST registration is mandatory for collecting and remitting taxes on HSN 49040000 goods. Companies planning international trade within Printed Books, Newspapers, Pi 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

Proper use of HSN Code 49040000 for Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated streamlines audit processes and supports valid credit claims. Stay updated on Nil, 0, and 0 rates for Chapter 49 – Printed Books, Newspapers, Pi through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 49040000 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 49040000 for accurate classification of Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated.

Can I claim input tax credit on Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated purchases?

Yes, registered businesses can claim input tax credit on Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated purchases made under HSN 49040000. Ensure your supplier mentions correct HSN code and GST rates (Nil, 0) on the invoice.

What is the difference between CGST and IGST for HSN 49040000?

CGST at Nil plus SGST/UTGST at 0 applies when Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated is sold within the same state. IGST at 0 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated domestically?

No, Import Export Code is only required if you plan to import or export Music, Printed Or In Manuscript, Whether Or Not Bound Or Illustrated internationally. For domestic trade within Printed Books, Newspapers, Pi, GST registration is sufficient.

More HSN codes from Chapter 49

Back to Top