GST Rate & HSN Code 530620 – MULTIPLE (FOLDED) OR CABLED :

The HSN code for MULTIPLE (FOLDED) OR CABLED : is 530620. This code falls under Chapter 53 of the GST HSN classification system, which covers MULTIPLE (FOLDED) OR CABLED :. It is used for accurate product classification during GST invoicing, return filing, and tax compliance.

HSN code 530620 falls under Chapter 53 of the GST HSN classification, which covers MULTIPLE (FOLDED) OR CABLED :. Chapter 53 groups all related products together to standardize GST rates and simplify tax classification for businesses dealing with MULTIPLE (FOLDED) OR CABLED :.

Yes, registered businesses can generally claim Input Tax Credit (ITC) on GST paid for MULTIPLE (FOLDED) OR CABLED : under HSN code 530620, 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 530620 on your GST invoice for MULTIPLE (FOLDED) OR CABLED : 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.