Under the GST regime, HSN Code 55102020 classifies Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn 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 Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn. The applicable rates are CGST at 6.00%, SGST/UTGST at 6.00% for within-state sales, and IGST at 12.00% for interstate supplies. Goods are quantified using 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 55102020
The taxation of Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn under HSN Code 55102020 depends on supply location. Intrastate transactions require CGST at 6.00% and SGST/UTGST at 6.00%. Interstate supplies are charged IGST at 12.00%. Invoices should consistently use kg. for Man-Made Staple Fibres goods under Chapter 55.
Who Should Use HSN Code 55102020?
Traders, manufacturers, and importers of Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn are required to mention HSN Code 55102020 on all GST documents. This Man-Made Staple Fibres classification under Chapter 55 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn? Secure GST registration to handle taxes on HSN 55102020 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 55102020 for Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn streamlines audit processes and supports valid credit claims. Stay updated on 6.00%, 6.00%, and 12.00% rates for Chapter 55 – Man-Made Staple Fibres through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 55102020?
Official GST rates for Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn under HSN 55102020 are published in government notifications and the CBIC website. Current rates are CGST 6.00%, SGST/UTGST 6.00%, and IGST 12.00%.
Do online marketplaces need to mention HSN 55102020?
Yes, online marketplaces and e-commerce operators selling Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn must mention HSN Code 55102020 on invoices. This Man-Made Staple Fibres classification applies to all sales channels under Chapter 55.
What documents are needed for company registration to trade in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn under HSN 55102020.
How often do GST rates change for Man-Made Staple Fibres products?
GST rates for Yarn (Other Than Sewing Thread) Of Artificial Staple Fibres, Not Put Up For Retail Sale - Other Yarn, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Acetate Rayon Spun Yarn and other Man-Made Staple Fibres products under Chapter 55 may change through GST Council recommendations. Monitor official notifications to stay updated on 6.00%, 6.00%, and 12.00% revisions.
