banner_ad

HSN CODE & GST RATE OF PADDY

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 August 2022 What is the HSN Code and GST Rate of Paddy?

Brand : Unregistered
Weight : 100 Kg bags
Nature : Purchase from agriculturist and Sales to Rice Mills
Profile Image

Aashok Kumar Sharma online

Profile Image

Aashok Kumar Sharma online (Expert)
09 July 2024 For Paddy, the HSN (Harmonized System of Nomenclature) code is 1001. As for the GST rate applicable:

- **Purchase from agriculturist:** Typically, paddy purchased directly from agriculturists (farmers) is exempted from GST under certain conditions, specifically if it is unprocessed. However, GST may apply if purchased from a registered dealer.

- **Sales to Rice Mills:** If you are selling paddy to rice mills, it falls under the GST rate of 0% (Nil). This means no GST is applicable on the sale of paddy to rice mills.

It's important to ensure compliance with GST regulations and consult with a tax advisor for specific details regarding exemptions and conditions for purchase from agriculturists.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details