Within Chapter 51 – Wool, Fine Or Coarse Animal H, HSN Code 51123030 serves as the official classification for Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed. This code determines tax rates and compliance obligations for all entities trading in Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in m2.
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 51123030
The tax structure for Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed under HSN Code 51123030 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in m2 as the standard measurement for goods under Chapter 51 – Wool, Fine Or Coarse Animal H.
Who Should Use HSN Code 51123030?
Manufacturers, wholesalers, retailers, and exporters dealing in Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed are required to mention HSN 51123030 on all tax documents. This classification under Wool, Fine Or Coarse Animal H applies to businesses of all sizes operating within Chapter 51. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Planning to trade in Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed? Complete GST registration to legally collect taxes on goods under HSN 51123030. Businesses importing or exporting Wool, Fine Or Coarse Animal H products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 51123030 for Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed 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)
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 51123030 for accurate classification of Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed.
Yes, registered businesses can claim input tax credit on Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed purchases made under HSN 51123030. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Woven Fabrics Of Combed Wool Or Of Combed Fine Animal Hair Other, Mixed Mainly Or Solely With Man-Made Staple Fibres : Dyed internationally. For domestic trade within Wool, Fine Or Coarse Animal H, GST registration is sufficient.