Under the GST regime, HSN Code 61122020 classifies Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair within Chapter 61 – Articles Of Apparel And Cloth. This code is essential for businesses to correctly calculate and remit taxes on Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair. The applicable rates are CGST at 2.5/6%, SGST/UTGST at 2.5/6% for within-state sales, and IGST at 5/12% for interstate supplies. Goods are quantified using kg..
HSN Codes under Chapter 61 – Articles Of Apparel And Cloth
Below are related HSN codes from Chapter 61 – Articles Of Apparel And Cloth for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Apparel And Cloth... | 61011010 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 6.00% | 6.00% | 12% |
| Articles Of Apparel And Cloth... | 61011020 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 6.00% | 6.00% | 12% |
| Articles Of Apparel And Cloth... | 61011090 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 0.06 | 0.06 | 0.12 |
| Articles Of Apparel And Cloth... | 61012000 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 0.06 | 0.06 | 0.12 |
| Articles Of Apparel And Cloth... | 61013010 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 6.00% | 6.00% | 12% |
| Articles Of Apparel And Cloth... | 61013020 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 0.06 | 0.06 | 0.12 |
| Articles Of Apparel And Cloth... | 61019010 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 6.00% | 6.00% | 12% |
| Articles Of Apparel And Cloth... | 61019090 | Mens Or Boys Overcoats, Carcoats, Capes, Cloaks, A... | 0.06 | 0.06 | 0.12 |
| Articles Of Apparel And Cloth... | 61021000 | Womens Or Girls Overcoats, Car-Coats, Capes, Cloak... | 0.06 | 0.06 | 0.12 |
| Articles Of Apparel And Cloth... | 61022000 | Womens Or Girls Overcoats, Car-Coats, Capes, Cloak... | 0.06 | 0.06 | 0.12 |
GST Rates for HSN 61122020
For Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair classified under HSN Code 61122020, tax computation follows GST principles. CGST at 2.5/6% plus SGST/UTGST at 2.5/6% covers intrastate sales. IGST at 5/12% applies to interstate transactions. kg. is the prescribed measurement for Articles Of Apparel And Cloth under Chapter 61.
Who Should Use HSN Code 61122020?
Any business engaged in supplying Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair must apply HSN 61122020 on invoices. The Articles Of Apparel And Cloth category under Chapter 61 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair? GST registration is mandatory for collecting and remitting taxes on HSN 61122020 goods. Companies planning international trade within Articles Of Apparel And Cloth 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
Using HSN Code 61122020 accurately for Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair avoids compliance issues and facilitates credit claims. Monitor changes to 2.5/6%, 2.5/6%, and 5/12% rates for Chapter 61 – Articles Of Apparel And Cloth to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 61122020?
The standard unit of measurement for Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair under HSN Code 61122020 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 61122020 mandatory for small businesses?
Yes, businesses dealing in Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair must use HSN 61122020 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 Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 61122020 for Articles Of Apparel And Cloth goods before invoicing.
Do I need AD Code registration for exporting Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair?
Yes, AD Code registration is required for exporters dealing in Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Wool Or Fine Animal Hair under Articles Of Apparel And Cloth. This registration links your bank account to process foreign currency payments from overseas buyers.
