Plants Foliage Branches - GST Rates HSN Code 604

Plants, foliage, and branches are an integral part of home decor and landscaping businesses. However, it is essential to understand the GST rates and HSN codes applicable for these goods to avoid any confusion regarding taxation. In this article, we will delve into the details of the GST rates and HSN code for plants foliage and branches.

GST Rates for Plants Foliage Branches

The GST rates for plants foliage branches depend on their usage, whether they are for ornamental, agricultural or medicinal purposes.-

For ornamental plants, foliage, and branches, the GST rate is 12%.

For medicinal plants, foliage, and branches, the GST rate is 5%.

For plants, foliage, and branches used for agricultural purposes, the GST rate is 0%.

HSN Code for Plants Foliage Branches

HSN codes are essential to classify the goods and services under the GST regime. The HSN code for plants foliage branches is 604.The HSN code 604 has further classification based on the purpose of plants, foliage, and branches.

The following are the sub-categories with their respective HSN codes:-

1. HSN code 0604 10 - Plants, live trees, bulbs, roots, and cuttings, or slips;

2. Mushroom spawn- HSN code 0604 90 - Dried plants, grasses, and foliage, for ornamental purposes

Now, let us understand the HSN codes for each sub category:

1. HSN code 0604 10 - Plants, live trees, bulbs, roots, and cuttings, or slips;

2. Mushroom spawn- Live trees and other plants are classified under HSN code 0604 10 10.-

3. Bulbs, tubers, tuberous roots, and corms are classified under HSN code 0604 10 20.

4. Cuttings and slips are classified under HSN code 0604 10 90.

5. Mushroom spawn is classified under HSN code 0604 10 50.

6. HSN code 0604 90 - Dried plants, grasses, and foliage, for ornamental purposes

7. Dried plants, grasses, and foliage are classified under HSN code 0604 90 10.

Conclusion

In conclusion, it is essential to understand the GST rates and HSN codes for plants foliage and branches, especially if you are a small and medium business owner in India. By knowing the relevant rates and codes, you can avoid any confusion regarding taxation and ensure that your business complies with the tax laws. We hope this article has been helpful in providing valuable insights into the GST rates and HSN codes for plants foliage and branches.