Under the GST regime, HSN Code 55129920 classifies Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed within Chapter 55 – Man-Made Staple Fibres. This code is essential for businesses to correctly calculate and remit taxes on Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% for interstate supplies. Goods are quantified using 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 55129920
The tax structure for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed under HSN Code 55129920 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in m2 as the standard measurement for goods under Chapter 55 – Man-Made Staple Fibres.
Who Should Use HSN Code 55129920?
Any business engaged in supplying Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed must apply HSN 55129920 on invoices. The Man-Made Staple Fibres category under Chapter 55 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Looking to deal in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed? GST registration is your first compliance requirement for HSN 55129920 goods. International traders in Man-Made Staple Fibres products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Correct HSN Code 55129920 application for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed ensures smooth input credit utilization and assessment processes. Track 2.50%, 2.50%, and 5.00% rate changes for Chapter 55 – Man-Made Staple Fibres through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed under HSN Code 55129920 is m2. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed must use HSN 55129920 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 55129920 for Man-Made Staple Fibres goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Woven Fabrics Of Synthetic Staple Fibres, Containing 85% Or More By Weight Of Synthetic Staple Fibres - Other : Other : Printed under Man-Made Staple Fibres. This registration links your bank account to process foreign currency payments from overseas buyers.