Pallet HSN Code

GST rates and HSN code for Pallet.

ChapterDescriptionHSN CodeRate (%)CESS (%)Effective DateRate Revision
Wood and articles of wood; wood charcoalPacking Cases, Boxes, Crates, Drums And Similar Packings, Of Wood; Cable-Drums Of Wood; Pallets, Box Pallets And Other Load Boards, Of Wood; Pallet Collars Of Wood – Pallets, Box Pallets And Other Load Boards; Pallet Collars4415200012%01/07/2017
Packing Cases, Boxes, Crates, Drums And Similar Packings, Of Wood; Cable-Drums Of Wood; Pallets, Box Pallets And Other Load Boards, Of Wood; Pallet Collars Of Wood441512%01/07/2017
Packing Cases, Boxes, Crates, Drums And Similar Packings, Of Wood; Cable-Drums Of Wood; Pallets, Box Pallets And Other Load Boards, Of Wood; Pallet Collars Of Wood – Cases, Boxes, Crates, Drums And Similar Packings; Cable-Drums4415100012%01/07/2017

Understanding Pallet HSN Code and its GST Rate

For businesses involved in logistics, warehousing, and transportation, accurately classifying goods under the Harmonized System of Nomenclature (HSN) is paramount for GST compliance. Pallets, essential for efficient material handling, have a specific HSN code and attract a particular GST rate. Let’s break down the details based on the provided data.

Identifying HSN Code for Wooden Pallets

The data clearly indicates that wooden pallets, including box pallets and other load boards, as well as pallet collars of wood, fall under Chapter 44, which covers “Wood and articles of wood; wood charcoal.” The specific HSN code for these items is 44152000. The broader category of wooden packing cases, boxes, crates, drums, cable-drums, pallets, box pallets, and pallet collars is also covered under the HSN code 4415. Additionally, wooden cases, boxes, crates, drums, and cable-drums are classified under 44151000. Therefore, the primary HSN code relevant to wooden pallets is 44152000.

Knowing Applicable GST Rate on Wooden Pallets

As per the provided information, the Goods and Services Tax (GST) rate applicable to wooden pallets (under HSN code 44152000 and the broader category 4415) is 12%. There is currently no CESS levied on these goods. This GST rate has been effective since July 1, 2017, and there has been no subsequent revision mentioned in the data.

FAQs

What is the main HSN code for wooden pallets?

The main HSN code is 44152000.

What is the current GST rate on wooden pallets?

The current GST rate is 12%.

Are wooden packing cases and boxes under the same HSN chapter?

Yes, wooden packing cases, boxes, crates, drums, and similar packings are also under Chapter 44.

Why is it important for businesses to know the correct HSN code for pallets?

Knowing the correct HSN code ensures accurate GST invoicing and compliance with tax regulations.

Is the GST rate the same for wooden packing cases and pallets?

Yes, based on the provided data, the GST rate is 12% for both.

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