51062090 is the designated HSN classification for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other, categorized under Chapter 51 – Wool, Fine Or Coarse Animal H in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Quantities are measured in kg. for billing purposes.
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 51062090
The tax structure for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other under HSN Code 51062090 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 51 – Wool, Fine Or Coarse Animal H.
Who Should Use HSN Code 51062090?
All businesses supplying Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other are obligated to use HSN 51062090 on tax invoices. From producers to retailers within Wool, Fine Or Coarse Animal H, Chapter 51 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other? Secure GST registration to handle taxes on HSN 51062090 classified goods. Businesses with international operations in Wool, Fine Or Coarse Animal H need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 51062090 for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other streamlines audit processes and supports valid credit claims. Stay updated on 0.025, 0.025, and 0.05 rates for Chapter 51 – Wool, Fine Or Coarse Animal H through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other under HSN Code 51062090 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other must use HSN 51062090 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 51062090 for Wool, Fine Or Coarse Animal H goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Yarn Of Carded Wool, Not Put Up For Retail Sale Containing Less Than 85 Percent By Weight Of Wool : Other under Wool, Fine Or Coarse Animal H. This registration links your bank account to process foreign currency payments from overseas buyers.