9061020 is the designated HSN classification for Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark, categorized under Chapter 9 – Coffee, Tea, Mate And Spices in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in N.a for billing purposes.
HSN Codes under Chapter 9 – Coffee, Tea, Mate And Spices
Below are related HSN codes from Chapter 9 – Coffee, Tea, Mate And Spices for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Coffee, Tea, Mate And Spices... | 9011111 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011112 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011113 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011119 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011121 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011122 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011123 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011124 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011129 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
| Coffee, Tea, Mate And Spices... | 9011131 | Coffee, Whether Or Not Roasted Or Dacaffeinated; C... | 2.5%/Nil | 2.5%/Nil | 5%/Nil |
GST Rates for HSN 9061020
For Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark classified under HSN Code 9061020, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. N.a is the prescribed measurement for Coffee, Tea, Mate And Spices under Chapter 9.
Who Should Use HSN Code 9061020?
Every entity transacting in Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark must quote HSN Code 9061020 on invoices. This includes traders, distributors, and e-commerce sellers operating under Coffee, Tea, Mate And Spices. Chapter 9 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark? GST registration is mandatory for collecting and remitting taxes on HSN 9061020 goods. Companies planning international trade within Coffee, Tea, Mate And Spices must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Proper use of HSN Code 9061020 for Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 9 – Coffee, Tea, Mate And Spices through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 9061020?
The standard unit of measurement for Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark under HSN Code 9061020 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 9061020 mandatory for small businesses?
Yes, businesses dealing in Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark must use HSN 9061020 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 Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 9061020 for Coffee, Tea, Mate And Spices goods before invoicing.
Do I need AD Code registration for exporting Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark?
Yes, AD Code registration is required for exporters dealing in Cinnamon And Cinnamon-Tree Flowers Neither Crushed Nor Ground : Cinnamon Bark under Coffee, Tea, Mate And Spices. This registration links your bank account to process foreign currency payments from overseas buyers.
