Edible vegetables and certain roots and tubers are an important part of our daily diet as they provide us with essential vitamins and nutrients. In India, the GST rates and HSN codes for these products are regulated by Chapter 7 of the GST Act. The GST rate for edible vegetables and certain roots and tubers is 5%, which is a relatively low rate as compared to other GST rates. This is because these products are considered essential items and are consumed by people from all walks of life. Now let's move on to the HSN codes for edible vegetables and certain roots and tubers. The HSN code for potatoes is 0701, while for onions it is 0703. Other vegetables such as tomatoes, cauliflower, cabbage and carrots fall under the HSN code 0702. Under the HSN code for vegetable products, products such as garlic, leeks, shallots and other alliaceous vegetables can be classified.
These products fall under the HSN Code 0703. The HSN code for certain roots and tubers such as cassava, sweet potatoes, yams and taro is 0714. These products are widely consumed in many parts of the country and are a staple food for many people. It is important to note that the above-mentioned HSN codes are not exhaustive and there may be other HSN codes that apply to other vegetables and roots and tubers. It is always advisable to consult a tax expert or refer to the official GST portal for complete and accurate information.
In conclusion, the GST rate and HSN codes for edible vegetables and certain roots and tubers are regulated by Chapter 7 of the GST Act. The GST rate for these products is 5%, and the HSN codes vary depending on the type of vegetable or root and tuber. It is important for small and medium business owners, as well as startup founders, to be aware of these regulations to avoid any GST-related issues in the future.
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