While the question specifically asks about HSN code 4901010, the provided reference details HSN code 49011010. Based on the information available, HSN code 49011010 pertains to printed books.
The Harmonized System of Nomenclature (HSN) is an internationally recognized product classification system used by customs authorities worldwide. It helps in the uniform classification of goods, facilitating global trade and simplifying the collection of trade statistics. Each HSN code represents a specific category of goods.
Understanding HSN Code 49011010
HSN code 49011010 falls under Chapter 49 of the HSN, which covers "Printed Books, Newspapers, Pictures and Other Products of the Printing Industry; Manuscripts, Typescripts and Plans."
Specifically, HSN code 49011010 is defined as:
- Printed books, brochures, leaflets and similar printed matter, whether or not in single sheets, whether or not folded.
- More specifically, this code refers to printed books.
This categorization is crucial for various purposes, including:
- Taxation: Determining applicable GST (Goods and Services Tax) rates or other taxes.
- Customs Duty: Assessing import and export duties.
- Trade Statistics: Tracking the movement of specific goods across borders.
Detailed Breakdown of HSN 49011010
The following table summarizes the key characteristics of HSN 49011010 as derived from the provided reference:
| HSN Code | Description | Specific Item | Context/Purpose |
|---|---|---|---|
| 49011010 | Printed books, brochures, leaflets and similar printed matter, whether or not in single sheets, whether or not folded. | Printed books | GST Rate classification (as per Credlix) |
For further details regarding GST rates and classifications, you can often find information on financial and tax platforms. For instance, information about this HSN code's GST implications can be found on sites like Credlix.
Practical Implications
For businesses or individuals dealing with the import, export, or sale of printed books, understanding this HSN code is vital.
- Importers/Exporters: Must correctly declare goods using this code to ensure proper customs clearance and duty calculation.
- Publishers/Book Sellers: Use this code for GST compliance, invoicing, and understanding their tax liabilities.
- Consumers: While not directly using the code, the classification influences the final price due to applicable taxes.
In summary, while HSN code 4901010 was inquired, the detailed information available points to HSN code 49011010, primarily defining it as printed books and related printed matter for taxation and classification purposes.
