What products are classified under HSN 5302
It includes Raw True Hemp
HSN Sub Chapter 5302 represents Raw True Hemp under GST classification. This code helps businesses identify Raw True Hemp correctly for billing, taxation, and trade. With HSN Sub Chapter 5302, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Raw True Hemp.
GST Rate for Raw True Hemp under HSN Code 5302. 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 |
|---|---|---|---|---|
| 53 | 5302 | True hemp (cannabis sativa l ), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock) | 5% | 5% |
Chapter: 53
Description: True hemp (cannabis sativa l ), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock)
Following Tariff HSN code falls under Raw True Hemp:
True hemp, raw or retted
Other
It includes Raw True Hemp
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.
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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.