GST Rate & HSN Code 46 – MANUFACTURES OF STRAW

The HSN code for MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK is 46. This code falls under Chapter 46 of the GST HSN classification system, which covers MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK. It is used for accurate product classification during GST invoicing, return filing, and tax compliance.

HSN code 46 falls under Chapter 46 of the GST HSN classification, which covers MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK. Chapter 46 groups all related products together to standardize GST rates and simplify tax classification for businesses dealing with MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK.

Yes, registered businesses can generally claim Input Tax Credit (ITC) on GST paid for MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK under HSN code 46, provided it is used for business purposes, and all ITC conditions under the GST Act are met. Consult a RegisterKaro expert for clarification.

Yes, mentioning HSN code 46 on your GST invoice for MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK is mandatory. The number of digits required (4, 6, or 8) depends on your annual turnover as per CBIC rules. Correct HSN mention ensures accurate tax calculation and smooth return filing.