HSN Code 54071016 provides the tax classification for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Woven Fabrics Obtained From High Tenacity Yarn Of Nylon Or Other Polyamides Or Of Polyesters : Unbleached : Polyester Suitings under Chapter 54 – Man-Made Filaments; Strip And of the GST tariff. Businesses dealing in Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Woven Fabrics Obtained From High Tenacity Yarn Of Nylon Or Other Polyamides Or Of Polyesters : Unbleached : Polyester Suitings must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5%. The recognized unit of measurement is N.a.

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

For Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Woven Fabrics Obtained From High Tenacity Yarn Of Nylon Or Other Polyamides Or Of Polyesters : Unbleached : Polyester Suitings classified under HSN Code 54071016, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5% applies to interstate transactions. N.a is the prescribed measurement for Man-Made Filaments; Strip And under Chapter 54.

Every entity transacting in Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Woven Fabrics Obtained From High Tenacity Yarn Of Nylon Or Other Polyamides Or Of Polyesters : Unbleached : Polyester Suitings must quote HSN Code 54071016 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.

Looking to deal in Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Woven Fabrics Obtained From High Tenacity Yarn Of Nylon Or Other Polyamides Or Of Polyesters : Unbleached : Polyester Suitings? GST registration is your first compliance requirement for HSN 54071016 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.

Accurate application of HSN Code 54071016 for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Woven Fabrics Obtained From High Tenacity Yarn Of Nylon Or Other Polyamides Or Of Polyesters : Unbleached : Polyester Suitings enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 54 – Man-Made Filaments; Strip And should monitor rate updates (2.50%, 2.50%, 5%) through official notifications to maintain seamless compliance.