What products are classified under HSN 47010000 ?
It includes Chemical wood pulp
HSN Code 47010000 represents Mechanical wood pulp under GST classification. This code helps businesses identify Mechanical wood pulp correctly for billing, taxation, and trade. With HSN Code 47010000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Mechanical wood pulp.
HSN Code 47010000 relates to the following description:
Mechanical wood pulp does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Chemical wood pulp
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mechanical wood pulp; Nil for exempt items if applicable).
Under HSN 47010000, Mechanical wood pulp attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
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.