HSN Code 55070090 provides the tax classification for Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..
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 55070090
The taxation of Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other under HSN Code 55070090 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Man-Made Staple Fibres goods under Chapter 55.
Who Should Use HSN Code 55070090?
Every entity transacting in Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other must quote HSN Code 55070090 on invoices. This includes traders, distributors, and e-commerce sellers operating under Man-Made Staple Fibres. Chapter 55 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Starting a business involving Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other? GST registration is mandatory for collecting and remitting taxes on HSN 55070090 goods. Companies planning international trade within Man-Made Staple Fibres 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
Correct HSN Code 55070090 application for Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 55 – Man-Made Staple Fibres through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
HSN Code 55070090 is used to classify Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other under Chapter 55 – Man-Made Staple Fibres for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
For Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.
Yes, GST registration is mandatory for businesses dealing in Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning - Artificial Staple Fibres, Carded, Combed Or Otherwise Processed For Spinning : Other under HSN 55070090. This enables you to legally collect taxes and claim input credits on purchases.
For importing goods under Man-Made Staple Fibres, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.