Under the GST regime, HSN Code 57049010 classifies Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton within Chapter 57 – Carpets And Other Textile Flo. This code is essential for businesses to correctly calculate and remit taxes on Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton. The applicable rates are CGST at 6.00%, SGST/UTGST at 6.00% for within-state sales, and IGST at 12.00% 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 57049010

The tax structure for Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton under HSN Code 57049010 follows a dual taxation model. CGST is levied at 6.00% and SGST/UTGST at 6.00% for intrastate sales. Interstate transactions attract IGST at 12.00%. All invoices must record quantities in m2 as the standard measurement for goods under Chapter 57 – Carpets And Other Textile Flo.

Who Should Use HSN Code 57049010?

All businesses supplying Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton are obligated to use HSN 57049010 on tax invoices. From producers to retailers within Carpets And Other Textile Flo, Chapter 57 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Commencing trade in Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton? Secure GST registration to handle taxes on HSN 57049010 classified goods. Businesses with international operations in Carpets And Other Textile Flo need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Proper use of HSN Code 57049010 for Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton streamlines audit processes and supports valid credit claims. Stay updated on 6.00%, 6.00%, and 12.00% rates for Chapter 57 – Carpets And Other Textile Flo through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 57049010?

The standard unit of measurement for Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton under HSN Code 57049010 is m2. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 57049010 mandatory for small businesses?

Yes, businesses dealing in Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton must use HSN 57049010 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code for Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 57049010 for Carpets And Other Textile Flo goods before invoicing.

Do I need AD Code registration for exporting Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton?

Yes, AD Code registration is required for exporters dealing in Carpets And Other Textile Floor Coverings, Of Felt, Not Tufted Or Flocked, Whether Or Not Made Up - Other : Cotton under Carpets And Other Textile Flo. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 57

Back to Top