Chapter 43 – HSN Code & GST Rate for Furskins and Artificial Fur
Chapter 43 of the Harmonized System of Nomenclature (HSN) deals with furskins and artificial fur, along with the manufactures made thereof. These products are used in the fashion industry for clothing and accessories. Understanding the HSN codes and GST rates for Chapter 43 products is crucial for businesses dealing with furskins and artificial fur products. Let’s explore the HSN codes and GST rates for Chapter 43 products in India:
Products Description | HSN Codes | Export & Import HSN Codes | GST Rate |
---|---|---|---|
Raw furskins (including heads, tails, paws, and other pieces or cuttings, suitable for furriers’ use), other than raw hides and skins of heading 4101, 4102 or 4103 | 4301 | 430111, 430112, 430113, 430114, 430115, 430119, 430121, 430122, 430123, 430124, 430129, 430131, 430132, 430139, 430141, 430142, 430143, 430149, 430151, 430152, 430153, 430159, 430160 | 12% |
Articles of apparel, clothing accessories, and other articles of furskin | 4303 | 430310, 430390 | 18% |
Artificial fur and articles thereof | 4302 | 430210, 430220, 430230, 430290 | 18% |
Manufactures of furskin | 4304 | 430400 | 18% |
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 furskins, artificial fur, and related products, aiding in accurate tax calculation and invoicing.