Within Chapter 52 – Cotton, HSN Code 52042020 serves as the official classification for Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning. This code determines tax rates and compliance obligations for all entities trading in Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning. 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 kg..
HSN Codes under Chapter 52 – Cotton
Below are related HSN codes from Chapter 52 – Cotton for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Cotton... | 52010011 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010012 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010013 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010014 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010015 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010019 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010020 | Cotton, Not Carded Or Combed Cotton, Not Carded Or... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010021 | Cotton, Not Carded Or Combed - Cotton, Not Carded ... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010022 | Cotton, Not Carded Or Combed - Cotton, Not Carded ... | 2.50% | 2.50% | 5.00% |
| Cotton... | 52010023 | Cotton, Not Carded Or Combed - Cotton, Not Carded ... | 2.50% | 2.50% | 5.00% |
GST Rates for HSN 52042020
Goods classified as Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning under HSN 52042020 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 52 – Cotton products.
Who Should Use HSN Code 52042020?
Every entity transacting in Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning must quote HSN Code 52042020 on invoices. This includes traders, distributors, and e-commerce sellers operating under Cotton. Chapter 52 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning? Secure GST registration to handle taxes on HSN 52042020 classified goods. Businesses with international operations in Cotton 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
Accurate HSN Code 52042020 usage for Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 52 – Cotton to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 52042020 used for?
HSN Code 52042020 is used to classify Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning under Chapter 52 – Cotton for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 52042020?
For Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Do I need GST registration to trade in Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning?
Yes, GST registration is mandatory for businesses dealing in Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning under HSN 52042020. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Cotton Sewing Thread, Whether Or Not Put Up For Retail Sale - Put Up For Retail Sale : Cotton Thread, Darning?
For importing goods under Cotton, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
