Under the GST regime, HSN Code 7131010 classifies Yellow Peas within Chapter 7 – Edible Vegetables And Certain. This code is essential for businesses to correctly calculate and remit taxes on Yellow Peas. The applicable rates are CGST at Nil/2.5%, SGST/UTGST at Nil/2.5% for within-state sales, and IGST at Nil/5% for interstate supplies. Goods are quantified using 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 7131010
The taxation of Yellow Peas under HSN Code 7131010 depends on supply location. Intrastate transactions require CGST at Nil/2.5% and SGST/UTGST at Nil/2.5%. Interstate supplies are charged IGST at Nil/5%. Invoices should consistently use kg. for Edible Vegetables And Certain goods under Chapter 7.
Who Should Use HSN Code 7131010?
Manufacturers, wholesalers, retailers, and exporters dealing in Yellow Peas are required to mention HSN 7131010 on all tax documents. This classification under Edible Vegetables And Certain applies to businesses of all sizes operating within Chapter 7. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Yellow Peas? Complete GST registration to legally collect taxes on goods under HSN 7131010. Businesses importing or exporting Edible Vegetables And Certain products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Using HSN Code 7131010 accurately for Yellow Peas avoids compliance issues and facilitates credit claims. Monitor changes to Nil/2.5%, Nil/2.5%, and Nil/5% rates for Chapter 7 – Edible Vegetables And Certain to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is HSN Code 7131010 used for?
HSN Code 7131010 is used to classify Yellow Peas under Chapter 7 – Edible Vegetables And Certain for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 7131010?
For Yellow Peas, CGST applies at Nil/2.5% and SGST/UTGST at Nil/2.5% for intrastate supplies. Interstate transactions are taxed under IGST at Nil/5%.
Do I need GST registration to trade in Yellow Peas?
Yes, GST registration is mandatory for businesses dealing in Yellow Peas under HSN 7131010. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Yellow Peas?
For importing goods under Edible Vegetables And Certain, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
