What products are classified under HSN 7031020 ?
It includes Onions And Shallots| Shallots
HSN Code 07031020 represents Onions And Shallots| Shallots under GST classification. This code helps businesses identify Onions And Shallots| Shallots correctly for billing, taxation, and trade. With HSN Code 07031020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Onions And Shallots| Shallots.
HSN Code 07031020 relates to the following description:
Onions And Shallots| Shallots does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Onions, shallots, garlic, leeks and otheralliaceous vegetables, fresh or chilled onions and shallots onions | |
| Onions and shallots: Rose Onions | |
| Onions and shallots: Other | |
| Other | |
| Garlic | |
| Leeks and other alliaceous vegetables |
Onions, shallots, garlic, leeks and otheralliaceous vegetables, fresh or chilled onions and shallots onions
Onions and shallots: Rose Onions
Onions and shallots: Other
Other
Garlic
Leeks and other alliaceous vegetables
It includes Onions And Shallots| Shallots
For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.
Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Onions And Shallots/ Shallots; Nil for exempt items if applicable).
Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.