Within Chapter 53 – Other Vegetable Textile Fibre, HSN Code 53092990 serves as the official classification for Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other. This code determines tax rates and compliance obligations for all entities trading in Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Measurement is standardized in m2.
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 53092990
The tax structure for Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other under HSN Code 53092990 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 m2 as the standard measurement for goods under Chapter 53 – Other Vegetable Textile Fibre.
Who Should Use HSN Code 53092990?
Any business engaged in supplying Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other must apply HSN 53092990 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
Commencing trade in Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other? Secure GST registration to handle taxes on HSN 53092990 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
Proper use of HSN Code 53092990 for Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other streamlines audit processes and supports valid credit claims. Stay updated on 0.025, 0.025, and 0.05 rates for Chapter 53 – Other Vegetable Textile Fibre through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 53092990?
The standard unit of measurement for Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other under HSN Code 53092990 is m2. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 53092990 mandatory for small businesses?
Yes, businesses dealing in Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other must use HSN 53092990 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 53092990 for Other Vegetable Textile Fibre goods before invoicing.
Do I need AD Code registration for exporting Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other?
Yes, AD Code registration is required for exporters dealing in Woven Fabrics Of Flax Containing Less Than 85% By Weight Of Flax : Other :Other under Other Vegetable Textile Fibre. This registration links your bank account to process foreign currency payments from overseas buyers.