What products are classified under HSN 52029900 ?
It includes Roasted/Salted Cashew Nuts
HSN Code 52029900 represents Cotton Waste and Garnetted Stock under GST classification. This code helps businesses identify Cotton Waste and Garnetted Stock correctly for billing, taxation, and trade. With HSN Code 52029900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cotton Waste and Garnetted Stock.
HSN Code 52029900 relates to the following description:
Cotton Waste and Garnetted Stock does not include products with the following descriptions:
Yarn waste (including thread waste)
Other : Garnetted stock
It includes Roasted/Salted Cashew Nuts
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.
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 Cotton Waste and Garnetted Stock; Nil for exempt items if applicable).
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.
Under HSN 52029900, Cotton Waste and Garnetted Stock attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.