HSN Code 61122040 provides the tax classification for Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres under Chapter 61 – Articles Of Apparel And Cloth of the GST tariff. Businesses dealing in Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.5/6%, SGST/UTGST at 2.5/6%, and IGST at 5/12%. The recognized unit of measurement is 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 61122040
For Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres classified under HSN Code 61122040, 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 61122040?
Every entity transacting in Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres must quote HSN Code 61122040 on invoices. This includes traders, distributors, and e-commerce sellers operating under Articles Of Apparel And Cloth. Chapter 61 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres? Secure GST registration to handle taxes on HSN 61122040 classified goods. Businesses with international operations in Articles Of Apparel And Cloth 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 61122040 for Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres streamlines audit processes and supports valid credit claims. Stay updated on 2.5/6%, 2.5/6%, and 5/12% rates for Chapter 61 – Articles Of Apparel And Cloth through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 61122040 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 61122040 for accurate classification of Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres.
Can I claim input tax credit on Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres purchases?
Yes, registered businesses can claim input tax credit on Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres purchases made under HSN 61122040. Ensure your supplier mentions correct HSN code and GST rates (2.5/6%, 2.5/6%) on the invoice.
What is the difference between CGST and IGST for HSN 61122040?
CGST at 2.5/6% plus SGST/UTGST at 2.5/6% applies when Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres is sold within the same state. IGST at 5/12% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres domestically?
No, Import Export Code is only required if you plan to import or export Track Suits, Ski Suits And Swimwear, Knitted Or Crocheted - Ski Suits : Of Synthetic Fibres internationally. For domestic trade within Articles Of Apparel And Cloth, GST registration is sufficient.
