Within Chapter 54 – Man-Made Filaments; Strip And, HSN Code 54071033 serves as the official 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 : Dyed :Nylon Furnishing Fabrics. This code determines tax rates and compliance obligations for all entities trading 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 : Dyed :Nylon Furnishing Fabrics. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in m2.
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 54071033
The tax structure 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 : Dyed :Nylon Furnishing Fabrics under HSN Code 54071033 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in m2 as the standard measurement for goods under Chapter 54 – Man-Made Filaments; Strip And.
Who Should Use HSN Code 54071033?
Traders, manufacturers, and importers of 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 : Dyed :Nylon Furnishing Fabrics are required to mention HSN Code 54071033 on all GST documents. This Man-Made Filaments; Strip And classification under Chapter 54 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade 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 : Dyed :Nylon Furnishing Fabrics? Secure GST registration to handle taxes on HSN 54071033 classified goods. Businesses with international operations in Man-Made Filaments; Strip And need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Correct HSN Code 54071033 application 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 : Dyed :Nylon Furnishing Fabrics ensures smooth input credit utilization and assessment processes. Track 2.50%, 2.50%, and 5.00% rate changes for Chapter 54 – Man-Made Filaments; Strip And through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement 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 : Dyed :Nylon Furnishing Fabrics under HSN Code 54071033 is m2. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, 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 : Dyed :Nylon Furnishing Fabrics must use HSN 54071033 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 54071033 for Man-Made Filaments; Strip And goods before invoicing.
Yes, AD Code registration is required for exporters 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 : Dyed :Nylon Furnishing Fabrics under Man-Made Filaments; Strip And. This registration links your bank account to process foreign currency payments from overseas buyers.