New
Published on:
February 25, 2023
By
Pranjal Gupta

GST Rates and HSN Code for Cinnamon

Are you a small or medium business owner in India dealing with cinnamon? Do you need to know the GST rates and HSN code applicable for cinnamon? Look no further, as we have compiled all the necessary information for you here.

What is Cinnamon?

Cinnamon is a spice that is derived from the inner bark of several trees from the genus Cinnamomum. It is commonly used in cooking and baking and is known for its sweet and warm flavor.

GST Rates for Cinnamon

Under the GST regime, cinnamon falls under the category of spices, which is taxed at 5%. This applies to all types of cinnamon, whether it is whole, ground, or in any other form.

HSN Code for Cinnamon

The HSN code for cinnamon is 0906. This code is specifically for spices, and cinnamon falls under the sub-heading of "Cinnamon and Cinnamon-tree flowers".

It is important to ensure that you use the correct HSN code when filing your GST returns to avoid any penalties or fines.

Conclusion

Knowing the GST rates and HSN code for cinnamon is crucial for any small or medium business owner dealing with this spice. Ensure that you use the correct HSN code when filing your GST returns to avoid any unnecessary complications.

Suggestions



Manner of processing and sanction of withheld IGST refunds
2023 GST Guide on Diamond Jewellery
Files Rasps - GST Rates & HSN Code 8203

Updated on:
March 16, 2024