What is HSN code 5061029?

HSN code 5061029 is a classification under the Harmonized System of Nomenclature used to identify goods for GST in India. The goods description and applicable GST rate are shown in the details on this page.

What is the GST rate for HSN code 5061029?

The GST rate applicable to HSN 5061029 is shown in the details above. GST rates are revised from time to time through CBIC notifications, so always confirm the current rate before raising an invoice.

How many digits does an HSN code have?

Under Indian GST, HSN codes are 2, 4, 6 or 8 digits. Businesses quote 4, 6 or 8 digits on invoices depending on turnover; code 5061029 follows this same structure.

What is the structure of HSN code 5061029?

An HSN code breaks down into a 2-digit Chapter, 4-digit Heading and 6-digit Sub-heading, extending to an 8-digit tariff item in India. Code 5061029 sits within this hierarchy.

Where is the HSN code used?

HSN codes are quoted on GST invoices and in GSTR-1 returns, and are used to classify goods for GST rate determination and customs.

HSN Code: 5061029 Bones And Horn-Cores, Unworked,

Under the GST regime, HSN Code 5061029 classifies Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other within Chapter 5 – Products Of Animal Origin, No. This code is essential for businesses to correctly calculate and remit taxes on Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other. The applicable rates are CGST at Nil, SGST/UTGST at Nil for within-state sales, and IGST at Nil for interstate supplies. Goods are quantified using kg..

HSN Codes under Chapter 5 – Products Of Animal Origin, No

Below are related HSN codes from Chapter 5 – Products Of Animal Origin, No for your reference:

Chapter	HSN Code	Description	CGST	SGST/UTGST	IGST
Products Of Animal Origin, No...	5010010	Human Hair, Unworked, Whether Or - Not Washed Or S...	Nil	Nil	Nil
Products Of Animal Origin, No...	5010020	Human Hair, Unworked, Whether Or - Not Washed Or S...	Nil	Nil	Nil
Products Of Animal Origin, No...	5021010	Pigs, Hogsor Boarsbristles And Hair;Badger Hair An...	2.50%	2.50%	5.00%
Products Of Animal Origin, No...	5021020	Pigs, Hogs Or Boars Bristles And Hair;Badger Hair ...	0.025	0.025	0.05
Products Of Animal Origin, No...	5029010	Pigs, Hogs Or Boars Bristles And Hair; - Badger Ha...	2.50%	2.50%	5.00%
Products Of Animal Origin, No...	5029020	Pigs, Hogs Or Boars Bristles And Hair; - Badger Ha...	2.50%	2.50%	5.00%
Products Of Animal Origin, No...	5029090	Pigs, Hogs Or Boars Bristles And Hair; - Badger Ha...	0.025	0.025	0.05
Products Of Animal Origin, No...	5040010	Guts, Bladders And Stomachs Of Animals - (Other Th...	Nil/2.5%	Nil/2.5%	Nil/5%
Products Of Animal Origin, No...	5040020	Guts, Bladders And Stomachs Of Animals - (Other Th...	Nil/2.5%	Nil/2.5%	Nil/5%
Products Of Animal Origin, No...	5040031	Guts, Bladders And Stomachs Of Animals - (Other Th...	Nil/2.5%	Nil/2.5%	Nil/5%

GST Rates for HSN 5061029

The taxation of Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other under HSN Code 5061029 depends on supply location. Intrastate transactions require CGST at Nil and SGST/UTGST at Nil. Interstate supplies are charged IGST at Nil. Invoices should consistently use kg. for Products Of Animal Origin, No goods under Chapter 5.

Who Should Use HSN Code 5061029?

All businesses supplying Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other are obligated to use HSN 5061029 on tax invoices. From producers to retailers within Products Of Animal Origin, No, Chapter 5 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Starting a business involving Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other? GST registration is mandatory for collecting and remitting taxes on HSN 5061029 goods. Companies planning international trade within Products Of Animal Origin, No 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 5061029 for Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other streamlines audit processes and supports valid credit claims. Stay updated on Nil, Nil, and Nil rates for Chapter 5 – Products Of Animal Origin, No through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 5061029 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 5061029 for accurate classification of Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other.

Can I claim input tax credit on Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other purchases?

Yes, registered businesses can claim input tax credit on Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other purchases made under HSN 5061029. Ensure your supplier mentions correct HSN code and GST rates (Nil, Nil) on the invoice.

What is the difference between CGST and IGST for HSN 5061029?

CGST at Nil plus SGST/UTGST at Nil applies when Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other is sold within the same state. IGST at Nil is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other domestically?

No, Import Export Code is only required if you plan to import or export Bones And Horn-Cores, Unworked, - Defatted, Simply Prepared (But Not Cut To - Shape), Treated With Acid Or Degelatinised - Powder And Waste Of These Products - Ossein And Bones Treated With Acid : - Bone Grist : Other internationally. For domestic trade within Products Of Animal Origin, No, GST registration is sufficient.

HSN Code & GST Rates for Bones And Horn-Cores, Unworked, :- 5061029