HSN Code 53062090 provides the tax classification for Flax Yarn Multiple (Folded) Or Cabled :Other under Chapter 53 – Other Vegetable Textile Fibre of the GST tariff. Businesses dealing in Flax Yarn Multiple (Folded) Or Cabled :Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05. The recognized unit of measurement is kg..
HSN Codes under Chapter 53 – Other Vegetable Textile Fibre
Below are related HSN codes from Chapter 53 – Other Vegetable Textile Fibre for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Other Vegetable Textile Fibre... | 53011000 | Flax, Raw Or Processed But Not Spun; Flax Tow And ... | 0.025 | 0.025 | 0.05 |
| Other Vegetable Textile Fibre... | 53012100 | Flax, Raw Or Processed But Not Spun; Flax Tow And ... | 0.025 | 0.025 | 0.05 |
| Other Vegetable Textile Fibre... | 53012900 | Flax, Raw Or Processed But Not Spun; Flax Tow And ... | 0.025 | 0.025 | 0.05 |
| Other Vegetable Textile Fibre... | 53013000 | Flax, Raw Or Processed But Not Spun; Flax Tow And ... | 0.025 | 0.025 | 0.05 |
| Other Vegetable Textile Fibre... | 53021000 | True Hemp (Cannabis Sativa L ), Raw Or Processed B... | 0.025 | 0.025 | 0.05 |
| Other Vegetable Textile Fibre... | 53029000 | True Hemp (Cannabis Sativa L ), Raw Or Processed B... | 0.025 | 0.025 | 0.05 |
| Other Vegetable Textile Fibre... | 53031010 | Jute And Other Textile Bast Fibres (Excluding Flax... | 2.50% | 2.50% | 5.00% |
| Other Vegetable Textile Fibre... | 53031090 | Jute And Other Textile Bast Fibres (Excluding Flax... | 0 | 0 | 0 |
| Other Vegetable Textile Fibre... | 53039010 | Jute And Other Textile Bast Fibres (Excluding Flax... | 0.00% | 0.00% | 0.00% |
| Other Vegetable Textile Fibre... | 53039090 | Jute And Other Textile Bast Fibres (Excluding Flax... | 0 | 0 | 0 |
GST Rates for HSN 53062090
The tax structure for Flax Yarn Multiple (Folded) Or Cabled :Other under HSN Code 53062090 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 53 – Other Vegetable Textile Fibre.
Who Should Use HSN Code 53062090?
Any business engaged in supplying Flax Yarn Multiple (Folded) Or Cabled :Other must apply HSN 53062090 on invoices. The Other Vegetable Textile Fibre category under Chapter 53 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Entering the Flax Yarn Multiple (Folded) Or Cabled :Other market requires essential registrations. GST registration enables legal tax collection on HSN 53062090 goods. For cross-border trade in Other Vegetable Textile Fibre 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 53062090 for Flax Yarn Multiple (Folded) Or Cabled :Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 53 – Other Vegetable Textile Fibre should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 53062090 is used to classify Flax Yarn Multiple (Folded) Or Cabled :Other under Chapter 53 – Other Vegetable Textile Fibre for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Flax Yarn Multiple (Folded) Or Cabled :Other, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.
Yes, GST registration is mandatory for businesses dealing in Flax Yarn Multiple (Folded) Or Cabled :Other under HSN 53062090. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Other Vegetable Textile Fibre, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.