Under the GST regime, HSN Code 57024190 classifies Other within Chapter 57 – Carpets And Other Textile Flo. This code is essential for businesses to correctly calculate and remit taxes on Other. The applicable rates are CGST at 0.06, SGST/UTGST at 0.06 for within-state sales, and IGST at 0.12 for interstate supplies. Goods are quantified using m2.
HSN Codes under Chapter 57 – Carpets And Other Textile Flo
Below are related HSN codes from Chapter 57 – Carpets And Other Textile Flo for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Carpets And Other Textile Flo... | 57011000 | Carpets And Other Textile Floor Coverings, Knotted... | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57011010 | Hand-Made | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57011090 | Other | 0.06 | 0.06 | 0.12 |
| Carpets And Other Textile Flo... | 57019010 | Carpets And Other Textile Floor Coverings, Knotted... | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57019011 | Hand-Made | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57019019 | Other | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57019020 | Carpets And Other Textile Floor Coverings, Knotted... | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57019031 | Hand-Made | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57019039 | Other | 6.00% | 6.00% | 12.00% |
| Carpets And Other Textile Flo... | 57019090 | Carpets And Other Textile Floor Coverings, Knotted... | 0.06 | 0.06 | 0.12 |
GST Rates for HSN 57024190
Tax liability for Other under HSN 57024190 varies by transaction geography. CGST at 0.06 combined with SGST/UTGST at 0.06 applies to local sales. Interstate movement attracts IGST at 0.12. All billing for Chapter 57 – Carpets And Other Textile Flo products must use m2.
Who Should Use HSN Code 57024190?
Manufacturers, wholesalers, retailers, and exporters dealing in Other are required to mention HSN 57024190 on all tax documents. This classification under Carpets And Other Textile Flo applies to businesses of all sizes operating within Chapter 57. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Other? GST registration is mandatory for collecting and remitting taxes on HSN 57024190 goods. Companies planning international trade within Carpets And Other Textile Flo 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 57024190 for Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 57 – Carpets And Other Textile Flo should monitor rate updates (0.06, 0.06, 0.12) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Other under HSN Code 57024190 is m2. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Other must use HSN 57024190 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 57024190 for Carpets And Other Textile Flo goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Other under Carpets And Other Textile Flo. This registration links your bank account to process foreign currency payments from overseas buyers.