Within Chapter 62 – Articles Of Apparel And Cloth, HSN Code 62043991 serves as the official classification for Embroidered With Lucknow Chikan Craft. This code determines tax rates and compliance obligations for all entities trading in Embroidered With Lucknow Chikan Craft. CGST applies at 2.5/6%, SGST/UTGST at 2.5/6% for local transactions, and IGST at 5/12% for interstate supplies. Measurement is standardized in u.
HSN Codes under Chapter 62 – Articles Of Apparel And Cloth
Below are related HSN codes from Chapter 62 – Articles Of Apparel And Cloth for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Apparel And Cloth... | 62011100 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62011210 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62011290 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62011310 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62011390 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62011910 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62011990 | Mens Or Boys Overcoats, Car-Coats, Cloaks, Anoraks... | 2.5%/6% | 2.5%/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62012010 | Articles Of Apparel And Clothing Accessories, Not ... | 2.5/6% | 2.5/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62012090 | Articles Of Apparel And Clothing Accessories, Not ... | 2.5/6% | 2.5/6% | 5/12% |
| Articles Of Apparel And Cloth... | 62013010 | Articles Of Apparel And Clothing Accessories, Not ... | 2.5/6% | 2.5/6% | 5/12% |
GST Rates for HSN 62043991
The tax structure for Embroidered With Lucknow Chikan Craft under HSN Code 62043991 follows a dual taxation model. CGST is levied at 2.5/6% and SGST/UTGST at 2.5/6% for intrastate sales. Interstate transactions attract IGST at 5/12%. All invoices must record quantities in u as the standard measurement for goods under Chapter 62 – Articles Of Apparel And Cloth.
Who Should Use HSN Code 62043991?
Any business engaged in supplying Embroidered With Lucknow Chikan Craft must apply HSN 62043991 on invoices. The Articles Of Apparel And Cloth category under Chapter 62 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Looking to deal in Embroidered With Lucknow Chikan Craft? GST registration is your first compliance requirement for HSN 62043991 goods. International traders in Articles Of Apparel And Cloth products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate HSN Code 62043991 usage for Embroidered With Lucknow Chikan Craft simplifies reconciliation and protects against penalties. Keep current with 2.5/6%, 2.5/6%, and 5/12% updates for Chapter 62 – Articles Of Apparel And Cloth to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 62043991?
The standard unit of measurement for Embroidered With Lucknow Chikan Craft under HSN Code 62043991 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 62043991 mandatory for small businesses?
Yes, businesses dealing in Embroidered With Lucknow Chikan Craft must use HSN 62043991 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 Embroidered With Lucknow Chikan Craft?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 62043991 for Articles Of Apparel And Cloth goods before invoicing.
Do I need AD Code registration for exporting Embroidered With Lucknow Chikan Craft?
Yes, AD Code registration is required for exporters dealing in Embroidered With Lucknow Chikan Craft under Articles Of Apparel And Cloth. This registration links your bank account to process foreign currency payments from overseas buyers.
