Teak wood HSN Code
GST rates and HSN code for Teak wood.
| Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
|---|---|---|---|---|---|---|
| <strong>Wood</strong> and articles of <strong>wood</strong>; <strong>wood</strong> charcoal | 29 Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or Endjointed, Of A Thickness Exceeding 6 Mm – Of Tropical Wood Specified In Sub-Heading Note 1 To This Chapter : Other : Teak Wood | 44072910 | 18% | – | 01/07/2017 | – |
| Wood In The Rough, Whether Or Not Stripped Of Bark Or Sapwood, Or Roughly Squared – Other, Of Tropical Wood Specified In Subheading Note 1 To This Chapter : Other :Teak Wood In Rough | 44034910 | 18% | – | 01/07/2017 | – | |
| Teak | 44034200 | 18% | – | – | – | |
| Teak | 44072300 | 18% | – | – | – | |
| Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or End-Jointed, Of A Thickness Exceeding 6 Mm | 4407 | 18% | – | 01/07/2017 | – | |
| Plywood, Veneered Panels And Similar Laminated Wood – Other : Other : Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm | 44129950 | 18% | – | 15/11/2017 | – | |
| Plywood, Veneered Panels And Similar Laminated Wood – Plywood, Consisting Solely Of Sheets Of Wood, Each Ply Not Exceeding 6 Mm Thickness : Other, With At Least One Outer Ply Of Non-Coniferous Wood : Cuttings And Trimmings Of Plywood Of Width Not Exceedin | 44121440 | 18% | – | 15/11/2017 | – | |
| Fibre Board Of Wood Or Other Ligneous Materials, Whether Or Not Bonded With Resins Or Other Organic Substances – Medium Density Fibre Board (Mdf): | 4411 | 18% | – | 15/11/2017 | – | |
| Fibre Board Of Wood Or Other Ligneous Materials, Whether Or Not Bonded With Resins Or Other Organic Substances – Other: — Of A Density Exceeding 0.8 Gm/Cm3: — Not Mechanically Worked Or Surface Covered:—- Other | 44119219 | 18% | – | 15/11/2017 | – | |
| Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint | 44092990 | 18% | – | 27/07/2018 1/07/2017 | – | |
| Railway Or Tramway Sleepers (Crossties) Of Wood – Other | 44069000 | 12% | – | 01/07/2017 | – | |
| Whether Or Not Agglomerated – Wood Charcoal (Including Shell Or Nut Charcoal)Wood Charcoal (Including Shell Or Nut Charcoal), Whether Or Not Agglomerated —Of Bamboo | 44021010 | 0 | – | 01/07/2017 | – | |
| Wood Sawn Or Chipped Lengthwise, Sliced Or Peeled, Whether Or Not Planed, Sanded Or Endjointed, Of A Thickness Exceeding 6 Mm – Coniferrous: Pine (Pinus Spp.) | 44071020 | 18% | – | 01/07/2017 | – | |
| Wood (Including Strips And Friezes For Parquet Flooring, Not Assembled) Continuously Shaped (Tongued, Grooved, Rebated, Chamfered, V-Jointed, Beaded, Moulded, Rounded Or The Like) Along Any Of Its Edges Or Faces, Whether Or Not Planed, Sanded Or End-Joint | 44091020 | 18% | – | 27/07/2018 1/07/2017 | – | |
| Plywood, Veneered Panels And Similar Laminated Wood – Other, With At Least One Outer Ply Of Nonconiferous Wood : Other, Containing At Least One Layer Of Particle Board: Cuttings And Trimmings Of Plywood Of Width Not Exceeding 5 Cm | 44122340 | 18% | – | 15/11/2017 | – | |
| Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishing; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated building | Of Wood | 94039100 | 18% | – | – | – |
| Edible vegetables and certain roots and tubers | Dried Vegetables, Whole, Cut, Sliced,Broken Or In Powder, But Not Further Prepared ? Mushrooms, Wood Ears (Auricularia Spp.),Jelly Fungi (Tremella Spp.) And Truffles : Other | 07123900 | 5% | – | 01/07/2017 | – |
| Footwear, gaiters and the like; parts of such articles | Parts Of Footwear (Including Uppers Whether Or Not Attached To Soles Other Than Outer Soles); Removable In-Soles, Heel Cushions And Similar Articles; Gaiters, Leggings And Similar Articles, And Parts Thereof- Other—Of Wood | 64069010 | 18% | – | 01/07/2017 | – |
| (waste and scrap) paper or paperboard | Other Paper, Paperboard, Cellulose Wadding And Webs Of Cellulose Fibres, Cut To Size Or Shape; Other Articles Of Paper Pulp, Paper, Paperboard, Cellulose Wadding Or Webs Of Cellulose Fibres – Moulded Or Pressed Article Of Paper Pulp : Wood Pulp Board | 48237020 | 18% | – | 01/07/2017 | – |
| Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Machine Tools (Including Machines For Nailing, Stapling, Glueing Or Otherwise Assembling) For Working Wood, Cork, Bone, Hard Rubber, Hard Plastics Or Similar Hard Materials – Other : Grinding, Sanding Or Polishing Machines | 84659300 | 18% | – | 01/07/2017 | – |
Teak Wood’s HSN Code: Your Guide to GST and Classification
Teak wood, renowned for its durability, strength, and aesthetic appeal, holds a significant place in various industries, from furniture making to construction. For businesses dealing with this valuable timber, understanding its Harmonized System of Nomenclature (HSN) code and corresponding Goods and Services Tax (GST) rates is crucial for seamless operations and compliance. This blog post delves into the specifics of teak wood’s HSN codes and associated GST implications.
Understanding HSN Codes for Wood and Wood Products
The HSN code system, an internationally recognized product classification method, helps standardize the taxation of goods. Chapter 44 of the HSN code specifically covers “Wood and articles of wood; wood charcoal.” Within this chapter, various subheadings categorize wood based on its form, processing, and intended use.
Teak Wood: Specific HSN Codes and GST Rates
The HSN code for teak wood largely depends on its form and processing level. Here are the key HSN codes and their corresponding GST rates:
- Teak Wood in Rough (Unprocessed):
- HSN Code: 44034910
- GST Rate: 18% (Effective from July 1, 2017)
- This code applies to teak wood that is in its raw form, whether or not stripped of bark or sapwood, or roughly squared. It also includes codes like 44034200 (Teak).
- Sawn or Chipped Lengthwise Teak Wood (Processed):
- HSN Code: 44072910
- GST Rate: 18% (Effective from July 1, 2017)
- This code covers teak wood that has been sawn or chipped lengthwise, sliced, or peeled, whether or not planed, sanded, or end-jointed, with a thickness exceeding 6 mm. It also includes codes like 44072300 (Teak).
Other Related Wood Products and Their HSN Codes
While our focus is on teak, it’s helpful to note the HSN codes and GST rates for other related wood products within the same chapter:
- Plywood, Veneered Panels, and Similar Laminated Wood:
- HSN Code (for specific cuttings/trimmings): 44129950, 44121440, 44122340
- GST Rate: 18% (Effective from November 15, 2017)
- Fibre Board of Wood or Other Ligneous Materials (MDF, etc.):
- HSN Code: 4411 (general), 44119219 (specific)
- GST Rate: 18% (Effective from November 15, 2017)
- Continuously Shaped Wood (for flooring, etc.):
- HSN Code: 44092990, 44091020
- GST Rate: 18% (Effective from July 1, 2017, with a rate revision on July 27, 2018)
- Railway or Tramway Sleepers:
- HSN Code: 44069000
- GST Rate: 12% (Effective from July 1, 2017)
- Wood Charcoal:
- HSN Code (for bamboo charcoal): 44021010
- GST Rate: 0% (Effective from July 1, 2017)
- Wooden Furniture:
- HSN Code: 94039100
- GST Rate: 18%
Key Takeaways for Businesses
Accurate HSN code classification is vital for correct GST invoicing and compliance. Misclassification can lead to penalties and legal complications. Businesses dealing with teak wood should:
- Identify the exact form of teak wood they are trading (rough, sawn, etc.) to determine the appropriate HSN code.
- Stay updated on GST rate revisions, although the provided data shows consistent 18% for most teak forms since 2017.
- Maintain proper records of transactions, including HSN codes and GST applied.
By adhering to these guidelines, businesses can ensure smooth operations and full compliance with GST regulations for teak wood and related products.
Facebook
Twitter
Instagram
LinkedIn
Youtube
