HSN Code 55092100 provides the tax classification for Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.06, SGST/UTGST at 0.06, and IGST at 0.12. 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 55092100

For Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn classified under HSN Code 55092100, tax computation follows GST principles. CGST at 0.06 plus SGST/UTGST at 0.06 covers intrastate sales. IGST at 0.12 applies to interstate transactions. kg. is the prescribed measurement for Man-Made Staple Fibres under Chapter 55.

Who Should Use HSN Code 55092100?

Every entity transacting in Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn must quote HSN Code 55092100 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

Entering the Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn market requires essential registrations. GST registration enables legal tax collection on HSN 55092100 goods. For cross-border trade in Man-Made Staple Fibres 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

Correct HSN Code 55092100 application for Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn ensures smooth input credit utilization and assessment processes. Track 0.06, 0.06, and 0.12 rate changes for Chapter 55 – Man-Made Staple Fibres through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 55092100?

The standard unit of measurement for Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn under HSN Code 55092100 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 55092100 mandatory for small businesses?

Yes, businesses dealing in Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn must use HSN 55092100 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code for Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 55092100 for Man-Made Staple Fibres goods before invoicing.

Do I need AD Code registration for exporting Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn?

Yes, AD Code registration is required for exporters dealing in Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Polyester Staple Fibres : Single Yarn under Man-Made Staple Fibres. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 55

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