Chapter 24 – HSN Code & GST Rate for Tobacco and Manufactured Tobacco Substitutes
Chapter 24 of the Harmonized System of Nomenclature (HSN) covers tobacco and manufactured tobacco substitutes. These products are regulated due to their impact on public health and are subject to specific taxation. Understanding the HSN codes and GST rates for Chapter 24 products is crucial for businesses in the tobacco industry. Let’s explore the HSN codes and GST rates for Chapter 24 products in India:
| Products Description | HSN Codes | Export & Import HSN Codes | GST Rate |
|---|---|---|---|
| Tobacco, not stemmed or stripped | 2401 | 240110 | 28% |
| Tobacco, partly or wholly stemmed or stripped | 2401 | 240120 | 28% |
| Tobacco refuse | 2401 | 240130 | 28% |
| Homogenized or reconstituted tobacco | 2402 | 240210 | 28% |
| Cigars, cheroots, cigarillos, and cigarettes, of tobacco or tobacco substitutes | 2402 | 240220 | 28% |
| Other manufactured tobacco and manufactured tobacco substitutes | 2403 | 240311, 240319, 240391, 240399 | 28% |
Please verify these HSN codes, Export & Import HSN Codes, and GST rates with the relevant authorities to ensure compliance with Indian tax regulations. This information serves as a guide for businesses dealing with tobacco and manufactured tobacco substitutes, aiding in accurate tax calculation and invoicing.
