| DEAR EXPERTS, | ||||||||
| WE ARE MANUFACTURER OF ALMOND PASTE AND WERE USING HSN CODE 20081990 BUT | ||||||||
| NOW WE CAME TO KNOW THAT THIS CODE IS NOT CORRECT. NOW MY QUERY IS TO FIND | ||||||||
| OUT CORRECT HSN CODE ALONGWITH GST RATE DECLARED BY GOI. | PLEASE GIVE YOUR | |||||||
| EXPERT OPINION. | ||||||||
| REGARDS, | ||||||||
| WADHWA | ||||||||
GST CHAPTER AND RATE
S.C. WADHWA
HSN classification for almond paste affects applicable GST rate; verify correct tariff classification on the official GST portal. A manufacturer of almond paste queried an incorrect HSN code and the applicable GST rate; respondents identified the correct classification within the edible nut tariff headings and noted the product earlier attracted a nil rate of duty. Taxpayers are advised to correct tariff classification in filings and to verify the HSN code and GST rate using the official GST portal or statutory tariff notifications before updating invoices and returns. (AI Summary)
TaxTMI
TaxTMI