Under the GST regime, HSN Code 55033000 classifies Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic within Chapter 55 – Man-Made Staple Fibres. This code is essential for businesses to correctly calculate and remit taxes on Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic. The applicable rates are CGST at 9.00%, SGST/UTGST at 9.00% for within-state sales, and IGST at 18.00% for interstate supplies. Goods are quantified using N.a.

HSN Codes under Chapter 55 – Man-Made Staple Fibres

Below are related HSN codes from Chapter 55 – Man-Made Staple Fibres for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Man-Made Staple Fibres... 55011000 Synthetic Filament Tow - Of Nylon Or Other Polyami... 0.09 0.09 0.18
Man-Made Staple Fibres... 55011100 Man-Made Staple Fibres~Synthetic Filament Tow~ Of ... 0.09 0.09 0.18
Man-Made Staple Fibres... 55011900 Man-Made Staple Fibres~Synthetic Filament Tow~ Oth... 0.09 0.09 0.18
Man-Made Staple Fibres... 55012000 Synthetic Filament Tow - Of Polyesters 0.09 0.09 0.18
Man-Made Staple Fibres... 55013000 Synthetic Filament Tow - Acrylic Or Modacrylic 0.09 0.09 0.18
Man-Made Staple Fibres... 55014000 Synthetic Filament Tow - Of Polypropylene 0.09 0.09 0.18
Man-Made Staple Fibres... 55019010 Synthetic Filament Tow - Other : Of Polypropylene 9.00% 9.00% 18.00%
Man-Made Staple Fibres... 55019090 Synthetic Filament Tow - Other : Other 0.09 0.09 0.18
Man-Made Staple Fibres... 55020010 Artificial Filament Tow - Artificial Filament Tow ... 9.00% 9.00% 18.00%
Man-Made Staple Fibres... 55020020 Artificial Filament Tow - Artificial Filament Tow ... 9.00% 9.00% 18.00%

GST Rates for HSN 55033000

For Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic classified under HSN Code 55033000, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. N.a is the prescribed measurement for Man-Made Staple Fibres under Chapter 55.

Who Should Use HSN Code 55033000?

Traders, manufacturers, and importers of Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic are required to mention HSN Code 55033000 on all GST documents. This Man-Made Staple Fibres classification under Chapter 55 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Commencing trade in Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic? Secure GST registration to handle taxes on HSN 55033000 classified goods. Businesses with international operations in Man-Made Staple Fibres 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

Accurate application of HSN Code 55033000 for Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 55 – Man-Made Staple Fibres should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 55033000 belong to?

HSN Code 55033000 falls under Chapter 55 – Man-Made Staple Fibres in the GST tariff schedule. This chapter covers various goods including Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic.

Is IGST applicable on Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic?

Yes, IGST at 18.00% is applicable when Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.

Can e-commerce sellers use HSN Code 55033000?

Yes, e-commerce sellers dealing in Synthetic Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Acrylic Or Modacrylic must use HSN 55033000 on their invoices. This applies to all online platforms operating under Man-Made Staple Fibres classification.

How do I start an import business for Man-Made Staple Fibres goods?

To import goods under Man-Made Staple Fibres, 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 55

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