Rusk HSN Code

GST rates and HSN code for Rusk.

ChapterDescriptionHSN CodeRate (%)CESS (%)Effective DateRate Revision
Preparations of cereals, flour, starch or milk; pastrycooks productsBread, Pastry, Cakes, Biscuits And Other Bakers Wares, Whether Or Not Containing Cocoa; Communion Wafers, Empty Cachets Of A Kind Suitable For Pharmaceutical Use, Sealing Wafers, Rice Paper And Similar Products – Rusks, Toasted Bread And Similar Toasted190540005%13/10/2017

Understanding the Rusk HSN Code

Rusk, a beloved companion to chai and coffee across India, is a common sight in households and bakeries alike. For businesses manufacturing, distributing, or selling this popular baked good, knowing the correct HSN (Harmonized System of Nomenclature) code and its associated GST (Goods and Services Tax) rate is fundamental for smooth operations and tax compliance. Good news for rusk enthusiasts and traders: its classification is quite straightforward!

The Rusk HSN Code

Rusk primarily falls under Chapter 19: “Preparations of cereals, flour, starch or milk; pastrycooks’ products.” This chapter is dedicated to food preparations derived from cereals, flour, or starch, which perfectly describes rusk.

Specifically, rusk is classified under:

  • HSN Code 19054000: This detailed code specifically covers “Bread, Pastry, Cakes, Biscuits And Other Bakers Wares, Whether Or Not Containing Cocoa; Communion Wafers, Empty Cachets Of A Kind Suitable For Pharmaceutical Use, Sealing Wafers, Rice Paper And Similar Products – Rusks, Toasted Bread And Similar Toasted Products.”

The description leaves no room for ambiguity, clearly identifying rusk within this specific category.

The GST Rate for Rusk

The GST rate applicable to rusk is:

  • GST Rate: 5%

This rate became effective from October 13, 2017. This relatively low GST rate makes rusk an affordable and accessible staple for consumers.

Why Accurate HSN Code Classification is Key

For any business dealing with rusk, ensuring the correct HSN code on invoices and GST returns is vital for:

  • GST Compliance: It guarantees that the correct amount of GST is levied and paid, avoiding discrepancies with tax authorities.
  • Smooth Trade: Correct classification facilitates efficient supply chain management, from manufacturing to retail.
  • Audit Readiness: Accurate HSN codes provide clear documentation, simplifying any future tax audits or assessments.
  • Preventing Penalties: Misclassification can lead to penalties and legal complications, which can be easily avoided by adhering to the prescribed codes.

In conclusion, the HSN code for rusk is well-defined, and its GST rate is consistent. This clarity helps businesses in the bakery and food industry maintain compliance and focus on delivering this widely enjoyed product to consumers across India. Always stay updated with the latest notifications from the Central Board of Indirect Taxes and Customs (CBIC) for any potential changes in regulations.

FAQs

What is the HSN Code for Rusk in India?

The HSN Code for Rusk is 19054000.

What is the full description of HSN 19054000?

It describes “Rusks, Toasted Bread And Similar Toasted Products” under the broader category of bakery wares.

Which HSN Chapter does Rusk belong to?

Rusk belongs to Chapter 19: “Preparations of cereals, flour, starch or milk; pastrycooks’ products.”

What is the importance of knowing the correct HSN code for Rusk?

It is crucial for accurate GST calculation, proper invoicing, and compliance with tax regulations.

Can the HSN code or GST rate for Rusk change?

HSN codes and GST rates are subject to government revisions, so it is always recommended to check official notifications for the latest updates.

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