Under the GST regime, HSN Code 55094290 classifies Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Containing 85% Or More By Weight Of Synthetic Staple Fibres : Multiple (Folded) Or Cabled Yarn : Other within Chapter 55 – Man-Made Staple Fibres. This code is essential for businesses to correctly calculate and remit taxes on Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Containing 85% Or More By Weight Of Synthetic Staple Fibres : Multiple (Folded) Or Cabled Yarn : Other. The applicable rates are CGST at 0.06, SGST/UTGST at 0.06 for within-state sales, and IGST at 0.12 for interstate supplies. Goods are quantified using kg..

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

Tax liability for Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Containing 85% Or More By Weight Of Synthetic Staple Fibres : Multiple (Folded) Or Cabled Yarn : Other under HSN 55094290 varies by transaction geography. CGST at 0.06 combined with SGST/UTGST at 0.06 applies to local sales. Interstate movement attracts IGST at 0.12. All billing for Chapter 55 – Man-Made Staple Fibres products must use kg..

Every entity transacting in Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Containing 85% Or More By Weight Of Synthetic Staple Fibres : Multiple (Folded) Or Cabled Yarn : Other must quote HSN Code 55094290 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.

Entering the Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Containing 85% Or More By Weight Of Synthetic Staple Fibres : Multiple (Folded) Or Cabled Yarn : Other market requires essential registrations. GST registration enables legal tax collection on HSN 55094290 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.

Using HSN Code 55094290 accurately for Yarn (Other Than Sewing Thread) Of Synthetic Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Containing 85% Or More By Weight Of Synthetic Staple Fibres : Multiple (Folded) Or Cabled Yarn : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.06, 0.06, and 0.12 rates for Chapter 55 – Man-Made Staple Fibres to maintain accurate filings and smooth business operations.