Within Chapter 50 – Textiles And Textile Articles, HSN Code 50020020 serves as the official classification for Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk. This code determines tax rates and compliance obligations for all entities trading in Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk. CGST applies at Nil, SGST/UTGST at Nil for local transactions, and IGST at Nil for interstate supplies. Measurement is standardized in kg..
HSN Codes under Chapter 50 – Textiles And Textile Articles
Below are related HSN codes from Chapter 50 – Textiles And Textile Articles for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Textiles And Textile Articles... | 50010000 | Silk-Worm Cocoons Suitable For Reeling | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50020010 | Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulber... | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50020030 | Raw Silk (Not Thrown) Raw Silk (Not Thrown) Non-Mu... | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50030010 | Mulberry Silk Waste | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50030020 | Tussar Silk Waste | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50030030 | Dri Waste | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50030040 | Munga Waste | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50030090 | Silk Waste - Other | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50031010 | Silk Waste (Including Cocoons Unsuitable For Reeli... | Nil | Nil | Nil |
| Textiles And Textile Articles... | 50031020 | Silk Waste (Including Cocoons Unsuitable For Reeli... | Nil | Nil | Nil |
GST Rates for HSN 50020020
Goods classified as Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk under HSN 50020020 are taxed based on transaction type. Local sales attract CGST at Nil plus SGST/UTGST at Nil. For supplies crossing state boundaries, IGST at Nil applies. Documentation must reflect kg. as the measurement standard for Chapter 50 – Textiles And Textile Articles products.
Who Should Use HSN Code 50020020?
Any business engaged in supplying Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk must apply HSN 50020020 on invoices. The Textiles And Textile Articles category under Chapter 50 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Looking to deal in Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk? GST registration is your first compliance requirement for HSN 50020020 goods. International traders in Textiles And Textile Articles products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate HSN Code 50020020 usage for Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk simplifies reconciliation and protects against penalties. Keep current with Nil, Nil, and Nil updates for Chapter 50 – Textiles And Textile Articles to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 50020020?
Official GST rates for Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk under HSN 50020020 are published in government notifications and the CBIC website. Current rates are CGST Nil, SGST/UTGST Nil, and IGST Nil.
Do online marketplaces need to mention HSN 50020020?
Yes, online marketplaces and e-commerce operators selling Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk must mention HSN Code 50020020 on invoices. This Textiles And Textile Articles classification applies to all sales channels under Chapter 50.
What documents are needed for company registration to trade in Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk under HSN 50020020.
How often do GST rates change for Textiles And Textile Articles products?
GST rates for Raw Silk (Not Thrown) Raw Silk (Not Thrown) Mulberry Dupion Silk and other Textiles And Textile Articles products under Chapter 50 may change through GST Council recommendations. Monitor official notifications to stay updated on Nil, Nil, and Nil revisions.