GST rates and HSN code for Pallet.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Wood and articles of wood; wood charcoal | 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 – Pallets, Box Pallets And Other Load Boards; Pallet Collars | 44152000 | 12% | – | 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 | 4415 | 12% | – | 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-Drums | 44151000 | 12% | – | 01/07/2017 | – |
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.
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.
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.
The main HSN code is 44152000.
The current GST rate is 12%.
Yes, wooden packing cases, boxes, crates, drums, and similar packings are also under Chapter 44.
Knowing the correct HSN code ensures accurate GST invoicing and compliance with tax regulations.
Yes, based on the provided data, the GST rate is 12% for both.
Open Your Free Demat Account Now!
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800