HSN Code 54024200 provides the tax classification for Synthetic Filament Yarn (Other Than Sewing Thread), Not Put Up For Retail Sale, Including Synthetic Monofilament Of Less Than 67 Decitex Other Yarn, Single, Untwisted Or With A Twist Not Exceeding 50 Turns Per Metre : Of Polyesters, Partially Oriented under Chapter 54 – Man-Made Filaments; Strip And of the GST tariff. Businesses dealing in Synthetic Filament Yarn (Other Than Sewing Thread), Not Put Up For Retail Sale, Including Synthetic Monofilament Of Less Than 67 Decitex Other Yarn, Single, Untwisted Or With A Twist Not Exceeding 50 Turns Per Metre : Of Polyesters, Partially Oriented must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is N.a.

Below are related HSN codes from Chapter 54 – Man-Made Filaments; Strip And for your reference:

For Synthetic Filament Yarn (Other Than Sewing Thread), Not Put Up For Retail Sale, Including Synthetic Monofilament Of Less Than 67 Decitex Other Yarn, Single, Untwisted Or With A Twist Not Exceeding 50 Turns Per Metre : Of Polyesters, Partially Oriented classified under HSN Code 54024200, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. N.a is the prescribed measurement for Man-Made Filaments; Strip And under Chapter 54.

Manufacturers, wholesalers, retailers, and exporters dealing in Synthetic Filament Yarn (Other Than Sewing Thread), Not Put Up For Retail Sale, Including Synthetic Monofilament Of Less Than 67 Decitex Other Yarn, Single, Untwisted Or With A Twist Not Exceeding 50 Turns Per Metre : Of Polyesters, Partially Oriented are required to mention HSN 54024200 on all tax documents. This classification under Man-Made Filaments; Strip And applies to businesses of all sizes operating within Chapter 54. Proper usage ensures accurate return filing and audit compliance.

Commencing trade in Synthetic Filament Yarn (Other Than Sewing Thread), Not Put Up For Retail Sale, Including Synthetic Monofilament Of Less Than 67 Decitex Other Yarn, Single, Untwisted Or With A Twist Not Exceeding 50 Turns Per Metre : Of Polyesters, Partially Oriented? Secure GST registration to handle taxes on HSN 54024200 classified goods. Businesses with international operations in Man-Made Filaments; Strip And need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Correct HSN Code 54024200 application for Synthetic Filament Yarn (Other Than Sewing Thread), Not Put Up For Retail Sale, Including Synthetic Monofilament Of Less Than 67 Decitex Other Yarn, Single, Untwisted Or With A Twist Not Exceeding 50 Turns Per Metre : Of Polyesters, Partially Oriented ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 54 – Man-Made Filaments; Strip And through official notifications for continuous compliance.