Please tell me the correct HSN code and rate of duty on handloom carpets, wheatland rugs and jute rugs. Client showing under heads 5705, 5701 and 5705 respectively. Are they correct ?
Rate of duty on handloom carpets
Rajesh Kumar
HSN classification: carpets and knotted textile floor coverings assigned to the carpets code; jute rugs classified as coir mats. HSN classification guidance: handloom carpets and knotted textile floor coverings are classifiable under heading 5701; coir mats, matting and certain floor coverings, including some jute rugs, are classifiable under heading 5705. The note addresses tariff headings only and does not specify duty rates. (AI Summary)
TaxTMI
TaxTMI