HSN Code 7095200 provides the tax classification for Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus under Chapter 7 – Edible Vegetables And Certain of the GST tariff. Businesses dealing in Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus must use this code for proper invoicing and return filing. Applicable taxes include CGST at Nil, SGST/UTGST at Nil, and IGST at Nil. The recognized unit of measurement is kg..

HSN Codes under Chapter 7 – Edible Vegetables And Certain

Below are related HSN codes from Chapter 7 – Edible Vegetables And Certain for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Edible Vegetables And Certain... 7011000 Potatoes, Fresh Or Chilled Seed Nil Nil Nil
Edible Vegetables And Certain... 7019000 Potatoes, Fresh Or Chilled Other Nil Nil Nil
Edible Vegetables And Certain... 7020000 Tomatoes, Fresh Or Chilled Nil Nil Nil
Edible Vegetables And Certain... 7031010 Onions, Shallots, Garlic, Leeks And Otheralliaceou... Nil Nil Nil
Edible Vegetables And Certain... 7031011 Rose Onion Nil Nil Nil
Edible Vegetables And Certain... 7031019 Other Nil Nil Nil
Edible Vegetables And Certain... 7031020 Onions, Shallots, Garlic, Leeks And Otheralliaceou... Nil Nil Nil
Edible Vegetables And Certain... 7031090 Other Nil Nil Nil
Edible Vegetables And Certain... 7032000 Onions, Shallots, Garlic, Leeks And Otheralliaceou... Nil Nil Nil
Edible Vegetables And Certain... 7039000 Onions, Shallots, Garlic, Leeks And Otheralliaceou... Nil Nil Nil

GST Rates for HSN 7095200

The tax structure for Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus under HSN Code 7095200 follows a dual taxation model. CGST is levied at Nil and SGST/UTGST at Nil for intrastate sales. Interstate transactions attract IGST at Nil. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 7 – Edible Vegetables And Certain.

Who Should Use HSN Code 7095200?

Any business engaged in supplying Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus must apply HSN 7095200 on invoices. The Edible Vegetables And Certain category under Chapter 7 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Entering the Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus market requires essential registrations. GST registration enables legal tax collection on HSN 7095200 goods. For cross-border trade in Edible Vegetables And Certain 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 HSN Code 7095200 usage for Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus simplifies reconciliation and protects against penalties. Keep current with Nil, Nil, and Nil updates for Chapter 7 – Edible Vegetables And Certain to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 7095200 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 7095200 for accurate classification of Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus.

Can I claim input tax credit on Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus purchases?

Yes, registered businesses can claim input tax credit on Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus purchases made under HSN 7095200. Ensure your supplier mentions correct HSN code and GST rates (Nil, Nil) on the invoice.

What is the difference between CGST and IGST for HSN 7095200?

CGST at Nil plus SGST/UTGST at Nil applies when Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus is sold within the same state. IGST at Nil is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus domestically?

No, Import Export Code is only required if you plan to import or export Other Vegetables, Fresh Or Chilled -Mushrooms Of The Genus Boletus internationally. For domestic trade within Edible Vegetables And Certain, GST registration is sufficient.

More HSN codes from Chapter 7

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