what is the new gst rate applicable on products fall under the hsn code 6305
and if there is a condition of rupees 1000 sale value then what are the proviso of this condition
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Gst rate on hsn 6305
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| HSN 6305 covers 'Sacks and bags of a kind used for packing of goods' (jute bags, gunny bags, woven PP/HDPE bags, etc.). 1. GST Rate: From 1st January 2022 (pursuant to 46th GST Council recommendations), the GST rate on HSN 6305 was revised to 12% for woven bags/sacks of polyethylene or polypropylene (including HDPE/PP woven sacks). 2. The Rs. 1,000 Condition: This refers to the condition applicable to certain textile/apparel items (Chapters 61 and 62) — specifically, garments priced below Rs. 1,000 attract 5% GST while those above Rs. 1,000 attract 12%. This condition does NOT apply to HSN 6305 which is Chapter 63 (made-up textile articles). 3. HSN 6305 Specific Rates: - Jute sacks/bags: 5% GST - Woven sacks/bags of PP/HDPE: 12% GST (revised from 5% effective 1st Jan 2022 for branded and multi-use packing material) - Cotton bags: 5% GST 4. Verify the exact sub-heading (6305.10 for jute, 6305.32/33 for synthetic fibres) as rates can differ at the 8-digit HSN level. Cross-check with Notification No. 1/2017-Central Tax (Rate) and its amendments as applicable. |
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