Within Chapter 50 – Textiles And Textile Articles, HSN Code 50039090 serves as the official classification for Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other. This code determines tax rates and compliance obligations for all entities trading in Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other. CGST applies at Nil, SGST/UTGST at Nil for local transactions, and IGST at Nil for interstate supplies. Measurement is standardized in N.a.
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... | 50020020 | 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 |
GST Rates for HSN 50039090
The taxation of Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other under HSN Code 50039090 depends on supply location. Intrastate transactions require CGST at Nil and SGST/UTGST at Nil. Interstate supplies are charged IGST at Nil. Invoices should consistently use N.a for Textiles And Textile Articles goods under Chapter 50.
Who Should Use HSN Code 50039090?
Manufacturers, wholesalers, retailers, and exporters dealing in Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other are required to mention HSN 50039090 on all tax documents. This classification under Textiles And Textile Articles applies to businesses of all sizes operating within Chapter 50. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Entering the Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other market requires essential registrations. GST registration enables legal tax collection on HSN 50039090 goods. For cross-border trade in Textiles And Textile Articles items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate application of HSN Code 50039090 for Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 50 – Textiles And Textile Articles should monitor rate updates (Nil, Nil, Nil) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 50039090?
Official GST rates for Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other under HSN 50039090 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 50039090?
Yes, online marketplaces and e-commerce operators selling Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other must mention HSN Code 50039090 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 Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other under HSN 50039090.
How often do GST rates change for Textiles And Textile Articles products?
GST rates for Silk Waste (Including Cocoons Unsuitable For Reeling, Yarn Waste And Garnetted Stock) - Other : Other 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.