Within Chapter 54 – Man-Made Filaments; Strip And, HSN Code 54073090 serves as the official classification for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other. 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 Fabrics Specified In Note 9 To Section Xi Other. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 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 54073090

The tax structure for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other under HSN Code 54073090 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. 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 54073090?

All businesses supplying Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other are obligated to use HSN 54073090 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

Starting a business involving Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other? GST registration is mandatory for collecting and remitting taxes on HSN 54073090 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.

Why Correct Classification Matters

Using HSN Code 54073090 accurately for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 54 – Man-Made Filaments; Strip And to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 54073090 belong to?

HSN Code 54073090 falls under Chapter 54 – Man-Made Filaments; Strip And in the GST tariff schedule. This chapter covers various goods including Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other.

Is IGST applicable on Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other?

Yes, IGST at 0.05 is applicable when Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other is supplied interstate or imported. For local sales within a state, CGST at 0.025 and SGST/UTGST at 0.025 apply instead.

Can e-commerce sellers use HSN Code 54073090?

Yes, e-commerce sellers dealing in Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Fabrics Specified In Note 9 To Section Xi Other must use HSN 54073090 on their invoices. This applies to all online platforms operating under Man-Made Filaments; Strip And classification.

How do I start an import business for Man-Made Filaments; Strip And goods?

To import goods under Man-Made Filaments; Strip And, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.

More HSN codes from Chapter 54

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