7123200 is the designated HSN classification for Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.), categorized under Chapter 7 – Edible Vegetables And Certain in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at Nil, SGST/UTGST at Nil for local transactions, and IGST at Nil for interstate supplies. Quantities are measured in kg. for billing purposes.
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 7123200
The taxation of Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) under HSN Code 7123200 depends on supply location. Intrastate transactions require CGST at Nil and SGST/UTGST at Nil. Interstate supplies are charged IGST at Nil. Invoices should consistently use kg. for Edible Vegetables And Certain goods under Chapter 7.
Who Should Use HSN Code 7123200?
All businesses supplying Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) are obligated to use HSN 7123200 on tax invoices. From producers to retailers within Edible Vegetables And Certain, Chapter 7 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.)? Secure GST registration to handle taxes on HSN 7123200 classified goods. Businesses with international operations in Edible Vegetables And Certain need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 7123200 for Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) streamlines audit processes and supports valid credit claims. Stay updated on Nil, Nil, and Nil rates for Chapter 7 – Edible Vegetables And Certain through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
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 7123200 for accurate classification of Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.).
Yes, registered businesses can claim input tax credit on Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) purchases made under HSN 7123200. Ensure your supplier mentions correct HSN code and GST rates (Nil, Nil) on the invoice.
CGST at Nil plus SGST/UTGST at Nil applies when Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) is sold within the same state. IGST at Nil is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Wood Ears (Auricularia Spp.) internationally. For domestic trade within Edible Vegetables And Certain, GST registration is sufficient.
