Under the GST regime, HSN Code 62159010 classifies Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton within Chapter 62 – Articles Of Apparel And Cloth. This code is essential for businesses to correctly calculate and remit taxes on Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton. 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 62159010
Tax liability for Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton under HSN 62159010 varies by transaction geography. CGST at 2.5/6% combined with SGST/UTGST at 2.5/6% applies to local sales. Interstate movement attracts IGST at 5/12%. All billing for Chapter 62 – Articles Of Apparel And Cloth products must use u.
Who Should Use HSN Code 62159010?
Manufacturers, wholesalers, retailers, and exporters dealing in Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton are required to mention HSN 62159010 on all tax documents. This classification under Articles Of Apparel And Cloth applies to businesses of all sizes operating within Chapter 62. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Commencing trade in Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton? Secure GST registration to handle taxes on HSN 62159010 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
Correct HSN Code 62159010 application for Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton ensures smooth input credit utilization and assessment processes. Track 2.5/6%, 2.5/6%, and 5/12% rate changes for Chapter 62 – Articles Of Apparel And Cloth through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 62159010?
The standard unit of measurement for Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton under HSN Code 62159010 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 62159010 mandatory for small businesses?
Yes, businesses dealing in Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton must use HSN 62159010 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 Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 62159010 for Articles Of Apparel And Cloth goods before invoicing.
Do I need AD Code registration for exporting Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton?
Yes, AD Code registration is required for exporters dealing in Ties, Bow Ties And Cravats - Of Other Textile Materials : Of Cotton under Articles Of Apparel And Cloth. This registration links your bank account to process foreign currency payments from overseas buyers.
