HSN Code: 53071010 Yarn Of Jute Or Of

53071010 is the designated HSN classification for Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute, categorized under Chapter 53 – Other Vegetable Textile Fibre in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in N.a for billing purposes.

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 53071010

The taxation of Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute under HSN Code 53071010 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use N.a for Other Vegetable Textile Fibre goods under Chapter 53.

Who Should Use HSN Code 53071010?

All businesses supplying Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute are obligated to use HSN 53071010 on tax invoices. From producers to retailers within Other Vegetable Textile Fibre, Chapter 53 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Planning to trade in Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute? Complete GST registration to legally collect taxes on goods under HSN 53071010. Businesses importing or exporting Other Vegetable Textile Fibre 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

Accurate application of HSN Code 53071010 for Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 53 – Other Vegetable Textile Fibre should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 53071010 belong to?

HSN Code 53071010 falls under Chapter 53 – Other Vegetable Textile Fibre in the GST tariff schedule. This chapter covers various goods including Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute.

Is IGST applicable on Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute?

Yes, IGST at 5.00% is applicable when Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.

Can e-commerce sellers use HSN Code 53071010?

Yes, e-commerce sellers dealing in Yarn Of Jute Or Of Other Textile Bast Fibres Of Heading 5303 Single : Of Jute must use HSN 53071010 on their invoices. This applies to all online platforms operating under Other Vegetable Textile Fibre classification.

How do I start an import business for Other Vegetable Textile Fibre goods?

To import goods under Other Vegetable Textile Fibre, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.

HSN Code & GST Rates for Yarn Of Jute Or Of :- 53071010