Chapter 55 of the GST framework covers Man-Made Staple Fibres, and HSN Code 55121120 specifically identifies Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached. Tax rates applicable include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05 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 55121120

The tax structure for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached under HSN Code 55121120 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 55 – Man-Made Staple Fibres.

Who Should Use HSN Code 55121120?

Traders, manufacturers, and importers of Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached are required to mention HSN Code 55121120 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

Planning to trade in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached? Complete GST registration to legally collect taxes on goods under HSN 55121120. 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

Accurate application of HSN Code 55121120 for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 55 – Man-Made Staple Fibres should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 55121120 should I mention on invoices?

The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 55121120 for accurate classification of Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached.

Can I claim input tax credit on Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached purchases?

Yes, registered businesses can claim input tax credit on Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached purchases made under HSN 55121120. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.

What is the difference between CGST and IGST for HSN 55121120?

CGST at 0.025 plus SGST/UTGST at 0.025 applies when Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached domestically?

No, Import Export Code is only required if you plan to import or export Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Polyester Staple Fibres : Unbleached Or Bleached : Bleached internationally. For domestic trade within Man-Made Staple Fibres, GST registration is sufficient.

More HSN codes from Chapter 55

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