What products are classified under HSN 4701
It includes Mechanical wood pulp
HSN Sub Chapter 4701 represents Mechanical wood pulp under GST classification. This code helps businesses identify Mechanical wood pulp correctly for billing, taxation, and trade. With HSN Sub Chapter 4701, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Mechanical wood pulp.
GST Rate for Mechanical wood pulp under HSN Code 4701. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 47 | 4701 | Mechanical wood pulp | 5% | 12% |
Following Tariff HSN code falls under Mechanical wood pulp:
| Tariff HSN | Description |
|---|---|
| Mechanical wood pulp |
Mechanical wood pulp
It includes Mechanical wood pulp
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Mechanical wood pulp are forward charge. Check the current notifications for any special cases before deciding.
Use a delivery challan for sending Mechanical wood pulp to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
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.