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Chapter 13 of the GST tariff covers HSN codes and GST rates for lac, gums, resins, vegetable saps, and extracts. These natural products are used in various industries such as pharmaceuticals, cosmetics, and food processing. Understanding the classifications and tax rates is crucial for businesses to ensure accurate GST compliance and reporting.
Chapter 12 of the GST tariff covers HSN codes and GST rates for medicinal plants, oil seeds, and fruits. This includes classifications for various plant-based products, seeds, and fruits used in the pharmaceutical, agricultural, and food sectors. Understanding these codes and tax rates is crucial for businesses to ensure accurate GST compliance and proper reporting.
Chapter 51 of the HSN classification covers wool, both fine and coarse animal hair, and outlines the applicable GST rates for these materials. Understanding the correct HSN codes helps businesses in the textile and wool industries ensure compliance with GST regulations.
Chapter 11 of the GST tariff covers HSN codes and GST rates for milling industry products, including flour, starches, and other grain-based products. This classification helps businesses in the milling and food processing sectors ensure proper GST compliance. It simplifies the process of understanding tax rates and proper reporting for these products.
Chapter 50 of the HSN classification covers silk and woven fabrics, detailing the HSN codes and applicable GST rates for these textile products. Understanding the correct classification ensures proper GST compliance for businesses in the textile industry.
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