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)

What is the unit of measurement for HSN 55111000?

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.

Is HSN Code 55111000 mandatory for small businesses?

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.

What happens if I use wrong HSN code 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?

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.

Do I need AD Code registration for exporting 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?

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.

More HSN codes from Chapter 55

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