GST RATES HSN CODE 1402 - VEGETABLE MATERIALS STUFFING PADDING

As a small or medium-sized business owner or startup founder in India, understanding the GST rates and HSN codes for various materials is essential to ensure compliance with the tax laws. In this article, we will explore the GST rates and HSN code for vegetable materials stuffing and padding.

What are Vegetable Materials Stuffing and Padding?

Vegetable materials stuffing and padding refer to materials used for stuffing or padding furniture, cushions, and other products. These materials are derived from plants and include substances such as coconut coir, cotton, kapok, and jute. Vegetable materials are preferred over synthetic materials because they are eco-friendly and biodegradable.

HSN Code for Vegetable Materials Stuffing and Padding

The HSN code for vegetable materials stuffing and padding is 1402. This code is used to classify these materials for GST purposes.

GST Rates for Vegetable Materials Stuffing and Padding

The GST rates for vegetable materials stuffing and padding are as follows:

1. 5% GST for coconut coir, cotton, and kapok

2. 12% GST for jute

It is important to note that these rates may be subject to change, so it is always a good idea to check with the GST council or a qualified tax professional to ensure that you are up-to-date with the latest rates and regulations.

Benefits of Using Vegetable Materials Stuffing and Padding

Using vegetable materials stuffing and padding can benefit your business in several ways:

1. Eco-friendly: Vegetable materials are renewable, biodegradable, and contribute to sustainability.

2. Comfortable: These materials are soft, breathable, and provide excellent insulation.

3. Cost-effective: Vegetable materials are often less expensive than synthetic materials.

4. Durable: Vegetable materials are sturdy and can last for a long time.

Conclusion

Understanding the GST rates and HSN code for vegetable materials stuffing and padding is essential for small and medium-sized business owners and startup founders in India. The HSN code for these materials is 1402, and the GST rates vary depending on the material. By using vegetable materials stuffing and padding, businesses can benefit from eco-friendliness, comfort, cost-effectiveness, and durability.