HSN Code 63041940 provides the tax classification for Bed Sheets And Bed Covers Of Cotton, Handloom under Chapter 63 – Other Made Up Textile Article of the GST tariff. Businesses dealing in Bed Sheets And Bed Covers Of Cotton, Handloom 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 u.
HSN Codes under Chapter 63 – Other Made Up Textile Article
Below are related HSN codes from Chapter 63 – Other Made Up Textile Article for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Other Made Up Textile Article... | 63011000 | Blankets And Travelling Rugs Electric Blankets | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63012000 | Blankets And Travelling Rugs-Blankets (Other Than ... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63013000 | Blankets And Travelling Rugs Blankets (Other Than ... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63014000 | Blankets And Travelling Rugs Blankets (Other Than ... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63019010 | Blankets And Travelling Rugs Other Blankets And Tr... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63019090 | Blankets And Travelling Rugs Other Blankets And Tr... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63021010 | Bed Linen, Table Linen, Toilet Linen And Kitchen L... | 2.5%/6% | 2.5%/6% | 5/12% |
| Other Made Up Textile Article... | 63021090 | Bed Linen, Table Linen, Toilet Linen And Kitchen L... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63022110 | Bed Linen, Table Linen, Toilet Linen And Kitchen L... | 2.5/6% | 2.5/6% | 5/12% |
| Other Made Up Textile Article... | 63022190 | Bed Linen, Table Linen, Toilet Linen And Kitchen L... | 2.5/6% | 2.5/6% | 5/12% |
GST Rates for HSN 63041940
The tax structure for Bed Sheets And Bed Covers Of Cotton, Handloom under HSN Code 63041940 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 63 – Other Made Up Textile Article.
Who Should Use HSN Code 63041940?
Any business engaged in supplying Bed Sheets And Bed Covers Of Cotton, Handloom must apply HSN 63041940 on invoices. The Other Made Up Textile Article category under Chapter 63 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Bed Sheets And Bed Covers Of Cotton, Handloom? GST registration is mandatory for collecting and remitting taxes on HSN 63041940 goods. Companies planning international trade within Other Made Up Textile Article must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Correct HSN Code 63041940 application for Bed Sheets And Bed Covers Of Cotton, Handloom ensures smooth input credit utilization and assessment processes. Track 2.5/6%, 2.5/6%, and 5/12% rate changes for Chapter 63 – Other Made Up Textile Article through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Bed Sheets And Bed Covers Of Cotton, Handloom under HSN Code 63041940 is u. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Bed Sheets And Bed Covers Of Cotton, Handloom must use HSN 63041940 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 63041940 for Other Made Up Textile Article goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Bed Sheets And Bed Covers Of Cotton, Handloom under Other Made Up Textile Article. This registration links your bank account to process foreign currency payments from overseas buyers.