66020000 is the designated HSN classification for Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like, categorized under Chapter 66 – Umbrellas, Sun Umbrellas, Wal in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Quantities are measured in u for billing purposes.

HSN Codes under Chapter 66 – Umbrellas, Sun Umbrellas, Wal

Below are related HSN codes from Chapter 66 – Umbrellas, Sun Umbrellas, Wal for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Umbrellas, Sun Umbrellas, Wal... 66011000 Umbrellas And Sun Umbrellas (Including Walkingstic... 0.06 0.06 0.12
Umbrellas, Sun Umbrellas, Wal... 66019100 Umbrellas And Sun Umbrellas (Including Walkingstic... 0.06 0.06 0.12
Umbrellas, Sun Umbrellas, Wal... 66019900 Umbrellas And Sun Umbrellas (Including Walkingstic... 6.00% 6.00% 12.00%
Umbrellas, Sun Umbrellas, Wal... 66020000 Walking-Sticks, Seat-Sticks, Whips, Riding Crops A... 0.025 0.025 0.05
Umbrellas, Sun Umbrellas, Wal... 66031010 Parts, Trimmings And Accessories Of Articles Of He... 6.00% 6.00% 12.00%
Umbrellas, Sun Umbrellas, Wal... 66031090 Parts, Trimmings And Accessories Of Articles Of He... 0.06 0.06 0.12
Umbrellas, Sun Umbrellas, Wal... 66032000 Parts, Trimmings And Accessories Of Articles Of He... 0.06 0.06 0.12
Umbrellas, Sun Umbrellas, Wal... 66039010 Parts, Trimmings And Accessories Of Articles Of He... 6.00% 6.00% 12.00%
Umbrellas, Sun Umbrellas, Wal... 66039090 Parts, Trimmings And Accessories Of Articles Of He... 0.06 0.06 0.12

GST Rates for HSN 66020000

The tax structure for Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like under HSN Code 66020000 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in u as the standard measurement for goods under Chapter 66 – Umbrellas, Sun Umbrellas, Wal.

Who Should Use HSN Code 66020000?

All businesses supplying Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like are obligated to use HSN 66020000 on tax invoices. From producers to retailers within Umbrellas, Sun Umbrellas, Wal, Chapter 66 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Starting a business involving Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like? GST registration is mandatory for collecting and remitting taxes on HSN 66020000 goods. Companies planning international trade within Umbrellas, Sun Umbrellas, Wal 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 66020000 application for Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like ensures smooth input credit utilization and assessment processes. Track 0.025, 0.025, and 0.05 rate changes for Chapter 66 – Umbrellas, Sun Umbrellas, Wal through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 66020000?

The standard unit of measurement for Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like under HSN Code 66020000 is u. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 66020000 mandatory for small businesses?

Yes, businesses dealing in Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like must use HSN 66020000 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 Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 66020000 for Umbrellas, Sun Umbrellas, Wal goods before invoicing.

Do I need AD Code registration for exporting Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like?

Yes, AD Code registration is required for exporters dealing in Walking-Sticks, Seat-Sticks, Whips, Riding Crops And The Like under Umbrellas, Sun Umbrellas, Wal. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 66

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