What products are classified under HSN 43040019 ?
It includes Artificial fur
HSN Code 43040019 represents Artificial fur under GST classification. This code helps businesses identify Artificial fur correctly for billing, taxation, and trade. With HSN Code 43040019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Artificial fur.
HSN Code 43040019 relates to the following description:
Artificial fur does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Artificial fur and articles thereof : Artificial fur : Artificial fur as trimmings and embellishments for garments, made ups, knitwear, plastic and leather goods | |
| Artificial fur and articles thereof : Articles of artificial fur |
Artificial fur and articles thereof : Artificial fur : Artificial fur as trimmings and embellishments for garments, made ups, knitwear, plastic and leather goods
Artificial fur and articles thereof : Articles of artificial fur
It includes Artificial fur
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial fur; Nil for exempt items if applicable).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 43040019, Artificial fur attracts Varies when sold in taxable form. Describe the exact form on the invoice.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
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.