53082000 is the designated HSN classification for Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn, categorized under Chapter 53 – Other Vegetable Textile Fibre in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn 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 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 53082000
For Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn classified under HSN Code 53082000, tax computation follows GST principles. CGST at 0.025 plus SGST/UTGST at 0.025 covers intrastate sales. IGST at 0.05 applies to interstate transactions. kg. is the prescribed measurement for Other Vegetable Textile Fibre under Chapter 53.
Who Should Use HSN Code 53082000?
All businesses supplying Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn are obligated to use HSN 53082000 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
Commencing trade in Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn? Secure GST registration to handle taxes on HSN 53082000 classified goods. Businesses with international operations in Other Vegetable Textile Fibre 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
Using HSN Code 53082000 accurately for Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 53 – Other Vegetable Textile Fibre to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is HSN Code 53082000 used for?
HSN Code 53082000 is used to classify Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn under Chapter 53 – Other Vegetable Textile Fibre 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 53082000?
For Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.
Do I need GST registration to trade in Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn?
Yes, GST registration is mandatory for businesses dealing in Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn under HSN 53082000. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Yarn Of Other Vegetable Textile Fibres; Paper Yarn True Hemp Yarn?
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.