Under the GST regime, HSN Code 66031010 classifies Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic within Chapter 66 – Umbrellas, Sun Umbrellas, Wal. This code is essential for businesses to correctly calculate and remit taxes on Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic. The applicable rates are CGST at 6.00%, SGST/UTGST at 6.00% for within-state sales, and IGST at 12.00% for interstate supplies. Goods are quantified using N.a.
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 66031010
For Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic classified under HSN Code 66031010, tax computation follows GST principles. CGST at 6.00% plus SGST/UTGST at 6.00% covers intrastate sales. IGST at 12.00% applies to interstate transactions. N.a is the prescribed measurement for Umbrellas, Sun Umbrellas, Wal under Chapter 66.
Who Should Use HSN Code 66031010?
Every entity transacting in Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic must quote HSN Code 66031010 on invoices. This includes traders, distributors, and e-commerce sellers operating under Umbrellas, Sun Umbrellas, Wal. Chapter 66 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic? GST registration is your first compliance requirement for HSN 66031010 goods. International traders in Umbrellas, Sun Umbrellas, Wal 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 HSN Code 66031010 usage for Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic simplifies reconciliation and protects against penalties. Keep current with 6.00%, 6.00%, and 12.00% updates for Chapter 66 – Umbrellas, Sun Umbrellas, Wal to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 66031010?
The standard unit of measurement for Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic under HSN Code 66031010 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 66031010 mandatory for small businesses?
Yes, businesses dealing in Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic must use HSN 66031010 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 Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 66031010 for Umbrellas, Sun Umbrellas, Wal goods before invoicing.
Do I need AD Code registration for exporting Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic?
Yes, AD Code registration is required for exporters dealing in Parts, Trimmings And Accessories Of Articles Of Heading 6601 To 6602- Handles And Knobs:Umbrella Handles With Or Without Stems, Plastic under Umbrellas, Sun Umbrellas, Wal. This registration links your bank account to process foreign currency payments from overseas buyers.
