HSN Code 54034290 provides the tax 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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other under Chapter 54 – Man-Made Filaments; Strip And of the GST tariff. 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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is 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 54034290
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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other under HSN Code 54034290 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 54034290?
Every entity transacting in Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other must quote HSN Code 54034290 on invoices. This includes traders, distributors, and e-commerce sellers operating under Man-Made Filaments; Strip And. Chapter 54 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Planning 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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other? Complete GST registration to legally collect taxes on goods under HSN 54034290. Businesses importing or exporting Man-Made Filaments; Strip And products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Accurate HSN Code 54034290 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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other 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)
The standard unit of measurement for Artificial Filament Yarn (Other Than Sewing Thread), Not Put For Retail Sale, Including Artificial Mono Filament Of Less Than 67 Decitex Other Yarn, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other under HSN Code 54034290 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, 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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other must use HSN 54034290 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 54034290 for Man-Made Filaments; Strip And goods before invoicing.
Yes, AD Code registration is required for exporters 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, Multiple (Folded) Or Cabled :Of Cellulose Acetate :Other under Man-Made Filaments; Strip And. This registration links your bank account to process foreign currency payments from overseas buyers.