Within Chapter 54 – Man-Made Filaments; Strip And, HSN Code 54026960 serves as the official classification for Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848. This code determines tax rates and compliance obligations for all entities trading in Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in kg..
HSN Codes under Chapter 54 – Man-Made Filaments; Strip And
Below are related HSN codes from Chapter 54 – Man-Made Filaments; Strip And for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Man-Made Filaments; Strip And... | 54011000 | Sewing Thread Of Man-Made Filaments, Whether Or No... | 0.06 | 0.06 | 0.12 |
| Man-Made Filaments; Strip And... | 54012000 | Sewing Thread Of Man-Made Filaments, Whether Or No... | 0.06 | 0.06 | 0.12 |
| Man-Made Filaments; Strip And... | 54021010 | Synthetic Filament Yarn (Other Than Sewing Thread)... | 9.00% | 9.00% | 18.00% |
| Man-Made Filaments; Strip And... | 54021090 | Synthetic Filament Yarn (Other Than Sewing Thread)... | 0.09 | 0.09 | 0.18 |
| Man-Made Filaments; Strip And... | 54021100 | Synthetic Filament Yarn (Other Than Sewing Thread)... | 9.00% | 9.00% | 18.00% |
| Man-Made Filaments; Strip And... | 54021110 | High Tenacity Yarn Of Nylon Or Other Polyamides | 0.09 | 0.09 | 0.18 |
| Man-Made Filaments; Strip And... | 54021910 | Other High Tenacity Yarn Of Nylon Or Other Polyami... | 9.00% | 9.00% | 18.00% |
| Man-Made Filaments; Strip And... | 54021920 | Nylon 66 Filament Yarn Confirming To Is 13464 | 9.00% | 9.00% | 18.00% |
| Man-Made Filaments; Strip And... | 54021990 | Other High Tenacity Yarn Of Nylon Or Other Polyami... | 0.09 | 0.09 | 0.18 |
| Man-Made Filaments; Strip And... | 54022010 | Synthetic Filament Yarn (Other Than Sewing Thread)... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 54026960
Tax liability for Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 under HSN 54026960 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 54 – Man-Made Filaments; Strip And products must use kg..
Who Should Use HSN Code 54026960?
Any business engaged in supplying Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 must apply HSN 54026960 on invoices. The Man-Made Filaments; Strip And category under Chapter 54 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Starting a business involving Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848? GST registration is mandatory for collecting and remitting taxes on HSN 54026960 goods. Companies planning international trade within Man-Made Filaments; Strip And must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Correct HSN Code 54026960 application for Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 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.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 54026960?
Official GST rates for Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 under HSN 54026960 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 54026960?
Yes, online marketplaces and e-commerce operators selling Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 must mention HSN Code 54026960 on invoices. This Man-Made Filaments; Strip And classification applies to all sales channels under Chapter 54.
What documents are needed for company registration to trade in Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 under HSN 54026960.
How often do GST rates change for Man-Made Filaments; Strip And products?
GST rates for Ultra High Molecular Weight Poly Ethylene Filament Yarn Conforming To Astm F2848 and other Man-Made Filaments; Strip And products under Chapter 54 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
