GST Rates and HSN Code for Other Uncoated Paper And Paperboard

GST (Goods and Services Tax) is a comprehensive indirect tax that aims to replace all the other indirect taxes levied on goods and services by the Indian government. It is a single tax structure that is levied on the manufacture, sale, and consumption of goods and services across the country, including paper and paperboard products.

One of the categories of paper and paperboard products that is covered under GST is Other Uncoated Paper And Paperboard. In this article, we will discuss the GST rates and HSN code for Other Uncoated Paper And Paperboard in detail.

GST Rates for Other Uncoated Paper And Paperboard

As per the GST council, the GST rate for Other Uncoated Paper And Paperboard is 12%. This rate is applicable to all types of uncoated paper and paperboard products, including:

1. Printing paper

2. Writing paper

3. Drawing paper

4. Wrapping paper

5. Poster board

6. And other varieties of uncoated paper and paperboard

It is important to note that the GST rate for Other Uncoated Paper And Paperboard is the same across all states and union territories in India.

HSN Code for Other Uncoated Paper And Paperboard

HSN (Harmonized System of Nomenclature) code is a 6-digit code that is used to classify goods for taxation purposes. The HSN code for Other Uncoated Paper And Paperboard is 4805.

This 6-digit code is further sub-divided into 8-digit codes that are specific to the type of product being classified. For instance, the HSN code for printing paper is 4805 11 10, while the HSN code for drawing paper is 4805 11 90. Similarly, other varieties of uncoated paper and paperboard products have specific HSN codes.

It is important for business owners and startup founders to use the correct HSN code while filing GST returns to avoid any penalties or legal issues.

Conclusion

In conclusion, Other Uncoated Paper And Paperboard products are subject to a 12% GST rate and are classified under the HSN code 4805. Business owners and startup founders dealing with paper and paperboard products should ensure that they use the correct HSN code while filing their GST returns to avoid any legal issues.