What is HSN Code 7123?
HSN code 7123 is the Harmonized System of Nomenclature classification for Mushrooms, Wood Ears (Auricularia Spp.), Jelly Fungi (Tremella Spp.) And Truffles under India's Goods and Services Tax (GST). It is a 4-digit code sitting at the heading (4-digit) level of the HSN hierarchy.
This code belongs to Chapter 71 — Natural Or Cultured Pearls, Precious Or Semi-Precious Stones,…, which is part of Section XIV: Pearls, Precious Stones & Metals. Every GST-registered business supplying mushrooms, wood ears (auricularia spp.), jelly fungi (tremella spp.) and truffles must quote HSN 7123 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.