GST rate and HSN code 4905 for Maps and Hydrographic Charts For the classification and sorting of products transversely the world, the HSN code is used to discriminate one product from other products. HSN code is used to trade goods or services within and outside India. The code specifies the product for trading, and the code number is extended based on the business turnover to specify that the goods comply with GST.
The HSN code & GST rate for Printed Maps, Charts, & Globes is given in place of 4905 under chapter 49.0 of Printed books, newspapers, pictures, and other products of the printing industry: copies, typescripts, and plans. Read this blog to get more insights on HSN code for Printed Maps, Charts, & Globes, key features, and important requirements of HSN code for the business exchange of Printed Maps, Charts, & Globes. What is HSN Code 4905? The HSN code 4905 is the trading code that is secondhand for Printed Maps, Charts & Globes. This code comes under Chapter 1 of the HSN code list and is further extended into subheadings as 01, 02, 03, etc., as per the GST rates. The GST rates can be imposed based on IGST on interstate trade and SGST/CGST on trade within the state.
HSN Code & GST Rates for Printed Maps, Charts & Globes Here's a comprehensive list of HSN codes for Printed Maps, Charts, & Globes along with units and GST rates, which come under chapter 49.0 of Printed books, newspapers, pictures then, other products of the printing industry, manuscripts, typescripts, and plans. To find out more, click on our HSN code finder.
HSN HSN Description SGST/UTGST 4905 Maps And Hydrographic Or Similar Charts Of All Kinds, Including Atlases 0.06 49051000 Maps And Hydrographic Or Similar Charts Of All Kinds, Including Atlases, Wall Maps 0.06 490520 Printed Books, Newspapers, Pictures And Other Products Of The Printing Industry 0.06 49052000 Printed Books, Newspapers, Pictures And Other Products Of The Printing Industry 0.06 490590 Printed Books, Newspapers, Pictures And Other Products Of The Printing Industry 6.00% 49059020 Printed Books, Newspapers, Pictures And Other Products Of The Printing Industry; Manuscripts, Typescripts And Plans~Maps 6.00%
Key Features of HSN Code for Printed Maps, Charts, & Globes Here are certain key features of the HSN code for diverse animal products:
The HSN code is a unique code that is allotted to different goods for trading. This code consists of 6 digits, characterized by a uniform number. This classifies 5000+ products so far that are accepted worldwide.
Moreover, the length of the HSN code may vary, depending on several factors, such as greater subdivision of products, expanded product classes, and even covering the business turnover.
Under the cataloging of the HSN module, there are about 21 sections, 99 chapters, 1,244 headings, and 5,244 subheadings in total to enable international trade.
The first two digits represent the chapter; the next two digits define the category. In addition, further extensions of codes agree on more product specifications or country-specific foodstuffs.
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HSN Code for GST The HSN code refers to the condition of the product along with its characteristics. HSN Code in GST is vital to differentiate the products from one another. Receiving the GST for HSN helps to get the idea of whether the product is different and unique from other products. Under this code, the HSN code eradicates the need for a detailed description of products. If a dealer or service provider's business falls above the slab or limit of Rs. 5 crores, he or she must contain an HSN/SAC-specific sales summary in his/her GSTR-1.
HSN Code for Export When the transfer under Certificate of Origin (COO), APEDA Certificate, SAFTA Certificate, and AD Code Registration takes place, there is an undesirable list for some HSN codes on which the exemptions or benefits cannot be provided. The HSN code for exporting code falls under the subheading of the undesirable list, which exempts certain goods that fall under the negative list.
Disclaimer To the best of our data, the rates listed above, which are provided, have been revised from Announcement No. 05/2020, dated October 16, 2020. We got the HSN code data from the master code provided in the NIC's GST e-invoice system. Variations may occur as a result of government upgrades. Please keep in mind that we cannot be held accountable for any incorrect information. If you need information about the "actual date" for each GST or cess rate, please go to the CBIC website.
Bizfoc is an accounting firm that offers you GST registration and GST filing services with a PAN India reach.
Conclusion The HSN code 4905 for Printed Maps, Charts & Globes pays taxes on its business. This code is mandatory for businesses that exceed the turnover limit of a certain business of Rs. 5 crore. This HSN code helps to discriminate and specify the characteristics of products that are used for trading. If you get the Printed Maps, Charts & Globes HSN code 4905, your business goods get comprehensive identification and recognition from a diverse range of items trading.
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FAQs Who Requires an HSN Code? The condition of the HSN code for Printed Maps, Charts, & Globes requires that they pay taxes on the income of their business, which exceeds Rs. 1.5 crore. When the business exceeds Rs 5 crore, then the HSN code has an 8-digit code that corresponds to the product description. At the same time, the HSN code is limited to 4 digits if the business is up to Rs. 5 crore.
What is the HSN code for the navigation system? In India, GPS devices are categorized under the HSN code 8526; besides, the GST rate on GPS tracking devices is 18%. This GST rate is valid on all GPS devices, including handheld GPS devices, vehicle GPS trackers, and other GPS-enabled devices used for navigation, following, and location-based services.
What is the HSN number for GST? HSN (Harmonised System of Nomenclature) codes are indispensable for Goods and Services Tax (GST) in India. They categorise goods based on their characteristics and facilitate uniform taxation. Understanding HSN codes guarantees accurate tax calculation and compliance with GST regulations.
Can one HSN have two GST rates? A single HSN code can indeed have multiple GST rates based on factors like the type of product. It's intended use and administration notifications. Businesses must exercise diligence in ensuring the correct GST rate is applied to avoid compliance issues, in addition to ensuring smooth operations under the GST framework.
People Also Ask 1. What is HSN Code 4905? HSN Code 4905 covers Printed Maps, Hydrographic Charts, and Globes , which come under Chapter 49 of the GST classification for printed products.
2. What is the GST rate for Maps and Globes under HSN 4905? Printed Maps, Charts, and Globes under HSN 4905 attract 12% GST , applicable for both interstate and intrastate trade.
3. Who needs to use HSN Code 4905? Businesses dealing in printed maps, charts, or globes and having an annual turnover above ₹5 crore must mention the HSN code on invoices and GST returns.
4. Can one HSN code have multiple GST rates? Yes, a single HSN code may have different GST rates based on product type, use, or government notifications.
5. Why is HSN Code 4905 important for exporters? It ensures proper product classification , smooth customs clearance, and eligibility for export-related benefits or exemptions.