HSN Code 52010023 provides the tax classification for Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm under Chapter 52 – Cotton of the GST tariff. Businesses dealing in Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm 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 52 – Cotton
Below are related HSN codes from Chapter 52 – Cotton for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Cotton... | 52010011 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010012 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010013 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010014 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010015 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010019 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010020 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010021 | Cotton, Not Carded Or Combed - Cotton, Not Carded ... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010022 | Cotton, Not Carded Or Combed - Cotton, Not Carded ... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010024 | Cotton, Not Carded Or Combed - Cotton, Not Carded ... | 2.50% | 2.50% | 5.00% |
GST Rates for HSN 52010023
For Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm classified under HSN Code 52010023, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. kg. is the prescribed measurement for Cotton under Chapter 52.
Who Should Use HSN Code 52010023?
Any business engaged in supplying Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm must apply HSN 52010023 on invoices. The Cotton category under Chapter 52 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Entering the Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm market requires essential registrations. GST registration enables legal tax collection on HSN 52010023 goods. For cross-border trade in Cotton 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
Using HSN Code 52010023 accurately for Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 52 – Cotton to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 52010023 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 52010023 for accurate classification of Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm.
Can I claim input tax credit on Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm purchases?
Yes, registered businesses can claim input tax credit on Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm purchases made under HSN 52010023. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
What is the difference between CGST and IGST for HSN 52010023?
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm domestically?
No, Import Export Code is only required if you plan to import or export Cotton, Not Carded Or Combed - Cotton, Not Carded Or Combed: Other: Of Staple Length Exceeding 24.5 Mm But Not Exceeding 27.0 Mm internationally. For domestic trade within Cotton, GST registration is sufficient.
