Under the GST regime, HSN Code 55111000 classifies Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres 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 Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres. 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..
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 55111000
For Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres classified under HSN Code 55111000, 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 55111000?
Traders, manufacturers, and importers of Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres are required to mention HSN Code 55111000 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 Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres? Secure GST registration to handle taxes on HSN 55111000 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
Accurate HSN Code 55111000 usage for Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres simplifies reconciliation and protects against penalties. Keep current with 0.06, 0.06, and 0.12 updates for Chapter 55 – Man-Made Staple Fibres to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres under HSN Code 55111000 is kg.. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres must use HSN 55111000 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 55111000 for Man-Made Staple Fibres goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Yarn (Other Than Sewing Thread) Of Manmade Staple Fibres, Put Up For Retail Sale - Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Such Fibres under Man-Made Staple Fibres. This registration links your bank account to process foreign currency payments from overseas buyers.