54033200 is the designated HSN classification for Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre, categorized under Chapter 54 – Man-Made Filaments; Strip And in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in kg. for billing purposes.

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 54033200

The taxation of Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre under HSN Code 54033200 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Man-Made Filaments; Strip And goods under Chapter 54.

Who Should Use HSN Code 54033200?

Any business engaged in supplying Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre must apply HSN 54033200 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 Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre? GST registration is mandatory for collecting and remitting taxes on HSN 54033200 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

Accurate HSN Code 54033200 usage for Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 54 – Man-Made Filaments; Strip And to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 54033200 used for?

HSN Code 54033200 is used to classify Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre under Chapter 54 – Man-Made Filaments; Strip And 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 54033200?

For Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

Do I need GST registration to trade in Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre?

Yes, GST registration is mandatory for businesses dealing in Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre under HSN 54033200. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Single :Of Viscose Rayon, With A Twist Exceeding 120 Turns Per Metre?

For importing goods under Man-Made Filaments; Strip And, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 54

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