Chapter 55 of the GST framework covers Man-Made Staple Fibres, and HSN Code 55101120 specifically identifies Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn. Tax rates applicable include CGST at 6.00%, SGST/UTGST at 6.00%, and IGST at 12.00% for interstate movements. The standard 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 55101120
Goods classified as Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn under HSN 55101120 are taxed based on transaction type. Local sales attract CGST at 6.00% plus SGST/UTGST at 6.00%. For supplies crossing state boundaries, IGST at 12.00% applies. Documentation must reflect N.a as the measurement standard for Chapter 55 – Man-Made Staple Fibres products.
Who Should Use HSN Code 55101120?
Every entity transacting in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn must quote HSN Code 55101120 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
Planning to trade in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn? Complete GST registration to legally collect taxes on goods under HSN 55101120. Businesses importing or exporting Man-Made Staple Fibres products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Using HSN Code 55101120 accurately for Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn avoids compliance issues and facilitates credit claims. Monitor changes to 6.00%, 6.00%, and 12.00% rates for Chapter 55 – Man-Made Staple Fibres to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
What is HSN Code 55101120 used for?
HSN Code 55101120 is used to classify Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn under Chapter 55 – Man-Made Staple Fibres for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 55101120?
For Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn, CGST applies at 6.00% and SGST/UTGST at 6.00% for intrastate supplies. Interstate transactions are taxed under IGST at 12.00%.
Do I need GST registration to trade in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn?
Yes, GST registration is mandatory for businesses dealing in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn under HSN 55101120. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Containing 85% Or More By Weight Of Artificial Staple Fibres : Single Yarn : Acetate Rayon Spun Yarn?
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.
