HSN Code 55122120 provides the tax classification for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05. The recognized unit of measurement is m2.

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 55122120

The taxation of Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached under HSN Code 55122120 depends on supply location. Intrastate transactions require CGST at 0.025 and SGST/UTGST at 0.025. Interstate supplies are charged IGST at 0.05. Invoices should consistently use m2 for Man-Made Staple Fibres goods under Chapter 55.

Who Should Use HSN Code 55122120?

Manufacturers, wholesalers, retailers, and exporters dealing in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached are required to mention HSN 55122120 on all tax documents. This classification under Man-Made Staple Fibres applies to businesses of all sizes operating within Chapter 55. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Entering the Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached market requires essential registrations. GST registration enables legal tax collection on HSN 55122120 goods. For cross-border trade in Man-Made Staple Fibres items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.

Why Correct Classification Matters

Correct HSN Code 55122120 application for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached ensures smooth input credit utilization and assessment processes. Track 0.025, 0.025, and 0.05 rate changes for Chapter 55 – Man-Made Staple Fibres through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 55122120?

Official GST rates for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached under HSN 55122120 are published in government notifications and the CBIC website. Current rates are CGST 0.025, SGST/UTGST 0.025, and IGST 0.05.

Do online marketplaces need to mention HSN 55122120?

Yes, online marketplaces and e-commerce operators selling Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached must mention HSN Code 55122120 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 Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached under HSN 55122120.

How often do GST rates change for Man-Made Staple Fibres products?

GST rates for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Containing 85% Or More By Weight Of Acrylic Or Modacrylic Staple Fibres : Unbleached Or Bleached : Bleached and other Man-Made Staple Fibres products under Chapter 55 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.025, 0.025, and 0.05 revisions.

More HSN codes from Chapter 55

Back to Top