62114291 is the designated HSN classification for Embroidered With Lucknow Chikan Craft, categorized under Chapter 62 – Articles Of Apparel And Cloth in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Embroidered With Lucknow Chikan Craft must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.5/6%, SGST/UTGST at 2.5/6% for local transactions, and IGST at 5/12% for interstate supplies. Quantities are measured in u for billing purposes.
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 62114291
For Embroidered With Lucknow Chikan Craft classified under HSN Code 62114291, 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. u is the prescribed measurement for Articles Of Apparel And Cloth under Chapter 62.
Who Should Use HSN Code 62114291?
Traders, manufacturers, and importers of Embroidered With Lucknow Chikan Craft are required to mention HSN Code 62114291 on all GST documents. This Articles Of Apparel And Cloth classification under Chapter 62 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Embroidered With Lucknow Chikan Craft market requires essential registrations. GST registration enables legal tax collection on HSN 62114291 goods. For cross-border trade in Articles Of Apparel And Cloth items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Using HSN Code 62114291 accurately for Embroidered With Lucknow Chikan Craft avoids compliance issues and facilitates credit claims. Monitor changes to 2.5/6%, 2.5/6%, and 5/12% rates for Chapter 62 – 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 62114291?
The standard unit of measurement for Embroidered With Lucknow Chikan Craft under HSN Code 62114291 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 62114291 mandatory for small businesses?
Yes, businesses dealing in Embroidered With Lucknow Chikan Craft must use HSN 62114291 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 62114291 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.
