Chapter 64 For HSN code for Footwear

Chapter 64 | Footwear | HSN Code

Chapter 64 of Footwear, gaiters and the like; parts of such articles in the HSN code list categorizes the Footwear products for international trade. The HSN code is specified to ensure that the classification of goods for the product is mandatory for proper customs and trading. These chapters are small parts, which are divided into 21 sections and further broken down into 99 chapters. Additionally, the chapters are also broken into 1,244 headings and 5,224 subheadings. For more information, read this blog about the chapter, which is part of the HSN code.

What is Chapter 64 for HSN?

Chapter 64 of Footwear, gaiters and the like; parts of such articles in the HSN code list categorizes Footwear products for international trade. The HSN code is specified to ensure that the classification of goods for the product is mandatory for proper customs and trading. These chapters are small parts, which are divided into 21 sections and further broken down into 99 chapters. Additionally, the chapters are also broken into 1,244 headings and 5,224 subheadings. For more information, read this blog about the chapter, which is part of the HSN code.

The Role of Chapters in HSN In GST

Here is the role of Chapter 64 in GST compliance, which is as follows:

• The role of Chapter 64 is to classify goods according to the nature and function of products.
• For GST compliance, you need to obtain the correct HSN code from the HSN code list released by the authority.
• Instead of classifying products without deep knowledge, the chapters provide broad categories of goods.
• Within the chapters, the headings and subheadings eliminate the need to describe the product in detail.

HSN In GST

The HSN code refers to the specification of the product along with its characteristics. HSN Code in GST is important to differentiate products from one another. Obtaining the GST HSN code helps to determine whether a product is different and unique in character compared to other products under the chapter and heading. Under this code, the HSN code removes the need for a detailed description of products. If a dealer classifies products accurately using HSN codes, it simplifies the invoicing and compliance process.

HSN In Export

When the exporting under Certificate of Origin (COO), APEDA Certificate, SAFTA Certificate, and AD Code Registration takes place, there is a negative list for some HSN code on which the exemptions or the benefit can’t be provided. The HSN code for exporting code falls under the subheading of negative list, which exempts certain goods that fall under negative list.

Key Features of Chapters in HSN Code

Chapters in the HSN Code system play a crucial role in categorizing goods for taxation and compliance purposes. Key features include:

• Broad Classification: Chapters provide a broad classification of goods based on their nature and function.
• Detailed Breakdown: Each chapter is further divided into headings and subheadings for detailed categorization.
• Simplified Compliance: Accurate classification using HSN codes simplifies GST invoicing and filing.
• Facilitates International Trade: Proper HSN classification ensures smooth customs processing and compliance during international trade.

Conclusion

Chapter 64 of Footwear, gaiters and the like; parts of such articles in the HSN code list is a mandatory part of the HSN code that specifies the nature and function of Footwear products. This chapter allows for breaking down the classification into headings and subheadings, making the HSN code list more summarized and concise for businesses registered under GST compliance.

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