Under the GST regime, HSN Code 62114991 classifies Embroidered With Lucknow Chikan Craft within Chapter 62 – Articles Of Apparel And Cloth. This code is essential for businesses to correctly calculate and remit taxes on Embroidered With Lucknow Chikan Craft. 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 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 62114991
For Embroidered With Lucknow Chikan Craft classified under HSN Code 62114991, 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 62114991?
Every entity transacting in Embroidered With Lucknow Chikan Craft must quote HSN Code 62114991 on invoices. This includes traders, distributors, and e-commerce sellers operating under Articles Of Apparel And Cloth. Chapter 62 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Embroidered With Lucknow Chikan Craft? GST registration is your first compliance requirement for HSN 62114991 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 application of HSN Code 62114991 for Embroidered With Lucknow Chikan Craft enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 62 – Articles Of Apparel And Cloth should monitor rate updates (2.5/6%, 2.5/6%, 5/12%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 62114991 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 62114991 for accurate classification of Embroidered With Lucknow Chikan Craft.
Can I claim input tax credit on Embroidered With Lucknow Chikan Craft purchases?
Yes, registered businesses can claim input tax credit on Embroidered With Lucknow Chikan Craft purchases made under HSN 62114991. 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 62114991?
CGST at 2.5/6% plus SGST/UTGST at 2.5/6% applies when Embroidered With Lucknow Chikan Craft 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 Embroidered With Lucknow Chikan Craft domestically?
No, Import Export Code is only required if you plan to import or export Embroidered With Lucknow Chikan Craft internationally. For domestic trade within Articles Of Apparel And Cloth, GST registration is sufficient.
