Chapter 54 of the GST framework covers Man-Made Filaments; Strip And, and HSN Code 54061000 specifically identifies Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn. Tax rates applicable include CGST at 6.00%, SGST/UTGST at 6.00%, and IGST at 12.00% for interstate movements. The standard unit of measurement is N.a.
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 54061000
Goods classified as Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn under HSN 54061000 are taxed based on transaction type. Local sales attract CGST at 6.00% plus SGST/UTGST at 6.00%. For supplies crossing state boundaries, IGST at 12.00% applies. Documentation must reflect N.a as the measurement standard for Chapter 54 – Man-Made Filaments; Strip And products.
Who Should Use HSN Code 54061000?
All businesses supplying Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn are obligated to use HSN 54061000 on tax invoices. From producers to retailers within Man-Made Filaments; Strip And, Chapter 54 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn? GST registration is your first compliance requirement for HSN 54061000 goods. International traders in Man-Made Filaments; Strip And products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Correct HSN Code 54061000 application for Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn ensures smooth input credit utilization and assessment processes. Track 6.00%, 6.00%, and 12.00% 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 54061000?
Official GST rates for Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn under HSN 54061000 are published in government notifications and the CBIC website. Current rates are CGST 6.00%, SGST/UTGST 6.00%, and IGST 12.00%.
Do online marketplaces need to mention HSN 54061000?
Yes, online marketplaces and e-commerce operators selling Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn must mention HSN Code 54061000 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 Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn under HSN 54061000.
How often do GST rates change for Man-Made Filaments; Strip And products?
GST rates for Man-Made Filament Yarn (Other Than Sewing Thread), Put Up For Retail Sale Synthetic Filament Yarn and other Man-Made Filaments; Strip And products under Chapter 54 may change through GST Council recommendations. Monitor official notifications to stay updated on 6.00%, 6.00%, and 12.00% revisions.
