Within Chapter 54 – Man-Made Filaments; Strip And, HSN Code 54074220 serves as the official classification for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette. 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 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette. 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 54074220
The tax structure for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette under HSN Code 54074220 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 54074220?
Manufacturers, wholesalers, retailers, and exporters dealing in Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette are required to mention HSN 54074220 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.
Business Registration Requirements
Entering the Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette market requires essential registrations. GST registration enables legal tax collection on HSN 54074220 goods. For cross-border trade in Man-Made Filaments; Strip And items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate HSN Code 54074220 usage for Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 54 – Man-Made Filaments; Strip And to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 54074220 is used to classify Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette under Chapter 54 – Man-Made Filaments; Strip And for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Yes, GST registration is mandatory for businesses dealing in Woven Fabrics Of Synthetic Filament Yarn, Including Woven Fabrics Obtained From Materials Of Heading 5404 Other Woven Fabrics, Containing 85 Percent Or More By Weight Of Filaments Of Nylon Or Other Polyamides : Dyed :Nylon Georgette under HSN 54074220. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Man-Made Filaments; Strip And, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.