HSN Code 54041000 provides the tax classification for Synthetic Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension Exceeds 1 Mm; Strip And The Like (For Example, Artificial Straw) Of Synthetic Textile Materials Of An Apparent Width Not Exceeding 5 Mm Monofilament under Chapter 54 – Man-Made Filaments; Strip And of the GST tariff. Businesses dealing in Synthetic Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension Exceeds 1 Mm; Strip And The Like (For Example, Artificial Straw) Of Synthetic Textile Materials Of An Apparent Width Not Exceeding 5 Mm Monofilament must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.06, SGST/UTGST at 0.06, and IGST at 0.12. The recognized unit of measurement is N.a.

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

Tax liability for Synthetic Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension Exceeds 1 Mm; Strip And The Like (For Example, Artificial Straw) Of Synthetic Textile Materials Of An Apparent Width Not Exceeding 5 Mm Monofilament under HSN 54041000 varies by transaction geography. CGST at 0.06 combined with SGST/UTGST at 0.06 applies to local sales. Interstate movement attracts IGST at 0.12. All billing for Chapter 54 – Man-Made Filaments; Strip And products must use N.a.

Manufacturers, wholesalers, retailers, and exporters dealing in Synthetic Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension Exceeds 1 Mm; Strip And The Like (For Example, Artificial Straw) Of Synthetic Textile Materials Of An Apparent Width Not Exceeding 5 Mm Monofilament are required to mention HSN 54041000 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.

Starting a business involving Synthetic Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension Exceeds 1 Mm; Strip And The Like (For Example, Artificial Straw) Of Synthetic Textile Materials Of An Apparent Width Not Exceeding 5 Mm Monofilament? GST registration is mandatory for collecting and remitting taxes on HSN 54041000 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.

Accurate application of HSN Code 54041000 for Synthetic Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension Exceeds 1 Mm; Strip And The Like (For Example, Artificial Straw) Of Synthetic Textile Materials Of An Apparent Width Not Exceeding 5 Mm Monofilament enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 54 – Man-Made Filaments; Strip And should monitor rate updates (0.06, 0.06, 0.12) through official notifications to maintain seamless compliance.