HSN Code 68071010 provides the tax classification for Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing under Chapter 68 – Articles Of Stone, Plaster, C of the GST tariff. Businesses dealing in Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is N.a.
HSN Codes under Chapter 68 – Articles Of Stone, Plaster, C
Below are related HSN codes from Chapter 68 – Articles Of Stone, Plaster, C for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Articles Of Stone, Plaster, C... | 68010000 | Setts, Curbstones And Flagstones, Of Natural Stone... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68021000 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68022110 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022120 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022190 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022200 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68022310 | Worked Monumental Or Building Stone (Except Slate)... | 9.00% | 9.00% | 18.00% |
| Articles Of Stone, Plaster, C... | 68022390 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68022900 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
| Articles Of Stone, Plaster, C... | 68029100 | Worked Monumental Or Building Stone (Except Slate)... | 0.09 | 0.09 | 0.18 |
GST Rates for HSN 68071010
Tax liability for Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing under HSN 68071010 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 68 – Articles Of Stone, Plaster, C products must use N.a.
Who Should Use HSN Code 68071010?
Every entity transacting in Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing must quote HSN Code 68071010 on invoices. This includes traders, distributors, and e-commerce sellers operating under Articles Of Stone, Plaster, C. Chapter 68 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Entering the Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing market requires essential registrations. GST registration enables legal tax collection on HSN 68071010 goods. For cross-border trade in Articles Of Stone, Plaster, C items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 68071010 for Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 68 – Articles Of Stone, Plaster, C should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 68071010 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 68071010 for accurate classification of Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing.
Can I claim input tax credit on Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing purchases?
Yes, registered businesses can claim input tax credit on Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing purchases made under HSN 68071010. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 68071010?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing domestically?
No, Import Export Code is only required if you plan to import or export Articles Of Asphalt Or Of Similar Material (For Example, Petroleum Bitumen Or Coal Tar Pitch) In-Rolls: Tarfelt Roofing internationally. For domestic trade within Articles Of Stone, Plaster, C, GST registration is sufficient.
