What is HSN code 51061020?

HSN code 51061020 is a classification under the Harmonized System of Nomenclature used to identify goods for GST in India. The goods description and applicable GST rate are shown in the details on this page.

What is the GST rate for HSN code 51061020?

The GST rate applicable to HSN 51061020 is shown in the details above. GST rates are revised from time to time through CBIC notifications, so always confirm the current rate before raising an invoice.

How many digits does an HSN code have?

Under Indian GST, HSN codes are 2, 4, 6 or 8 digits. Businesses quote 4, 6 or 8 digits on invoices depending on turnover; code 51061020 follows this same structure.

What is the structure of HSN code 51061020?

An HSN code breaks down into a 2-digit Chapter, 4-digit Heading and 6-digit Sub-heading, extending to an 8-digit tariff item in India. Code 51061020 sits within this hierarchy.

Where is the HSN code used?

HSN codes are quoted on GST invoices and in GSTR-1 returns, and are used to classify goods for GST rate determination and customs.

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HSN Code & GST Rates for Yarn Of Carded Wool, :- 51061020

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HSN Code

51061020

Harmonized System of Nomenclature

Chapter: 51
Heading: 5106
Sub-heading: 510610
Type: Tariff item (8-digit)
Classification: HSN (GST)

HSN Code 51061020 provides the tax classification for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn under Chapter 51 – Wool, Fine Or Coarse Animal H of the GST tariff. Businesses dealing in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00%. The recognized unit of measurement is N.a.

HSN Codes under Chapter 51 – Wool, Fine Or Coarse Animal H

Below are related HSN codes from Chapter 51 – Wool, Fine Or Coarse Animal H for your reference:

Chapter	HSN Code	Description	CGST	SGST/UTGST	IGST
Wool, Fine Or Coarse Animal H...	51011100	Wool, Not Carded Or Combed : Greasy, Including Fle...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51011900	Wool, Not Carded Or Combed : Greasy, Including Fle...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51012100	Wool, Not Carded Or Combed : Degreased, Not Carbon...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51012900	Wool, Not Carded Or Combed : Degreased, Not Carbon...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51013000	Wool, Not Carded Or Combed : Carbonised	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51021110	Fine Or Coarse Animal Hair, Not Carded Or Combed F...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51021190	Fine Or Coarse Animal Hair, Not Carded Or Combed F...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51021910	Fine Or Coarse Animal Hair, Not Carded Or Combed F...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51021990	Fine Or Coarse Animal Hair, Not Carded Or Combed F...	Nil	Nil	Nil
Wool, Fine Or Coarse Animal H...	51022010	Fine Or Coarse Animal Hair, Not Carded Or Combed C...	Nil	Nil	Nil

GST Rates for HSN 51061020

Tax liability for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn under HSN 51061020 varies by transaction geography. CGST at 2.50% combined with SGST/UTGST at 2.50% applies to local sales. Interstate movement attracts IGST at 5.00%. All billing for Chapter 51 – Wool, Fine Or Coarse Animal H products must use N.a.

Who Should Use HSN Code 51061020?

Any business engaged in supplying Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn must apply HSN 51061020 on invoices. The Wool, Fine Or Coarse Animal H category under Chapter 51 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Looking to deal in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn? GST registration is your first compliance requirement for HSN 51061020 goods. International traders in Wool, Fine Or Coarse Animal H 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

Proper use of HSN Code 51061020 for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 51 – Wool, Fine Or Coarse Animal H through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 51061020?

The standard unit of measurement for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn under HSN Code 51061020 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 51061020 mandatory for small businesses?

Yes, businesses dealing in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn must use HSN 51061020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 51061020 for Wool, Fine Or Coarse Animal H goods before invoicing.

Do I need AD Code registration for exporting Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn?

Yes, AD Code registration is required for exporters dealing in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing 85 Percent Or More By Weight Of Wool : Munga Woollen Yarn under Wool, Fine Or Coarse Animal H. This registration links your bank account to process foreign currency payments from overseas buyers.