HSN Code 55041000 provides the tax classification for Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is 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 55041000

The tax structure for Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon under HSN Code 55041000 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 55 – Man-Made Staple Fibres.

Who Should Use HSN Code 55041000?

Manufacturers, wholesalers, retailers, and exporters dealing in Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon are required to mention HSN 55041000 on all tax documents. This classification under Man-Made Staple Fibres applies to businesses of all sizes operating within Chapter 55. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Commencing trade in Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon? Secure GST registration to handle taxes on HSN 55041000 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

Proper use of HSN Code 55041000 for Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 55 – Man-Made Staple Fibres through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 55041000 belong to?

HSN Code 55041000 falls under Chapter 55 – Man-Made Staple Fibres in the GST tariff schedule. This chapter covers various goods including Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon.

Is IGST applicable on Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon?

Yes, IGST at 18.00% is applicable when Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon 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 55041000?

Yes, e-commerce sellers dealing in Artificial Staple Fibres, Not Carded, Combed Or Otherwise Processed For Spinning - Of Viscose Rayon must use HSN 55041000 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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