HSN Code 55151240 provides the tax classification for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00%. 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 55151240

The tax structure for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed under HSN Code 55151240 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 55151240?

Every entity transacting in Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed must quote HSN Code 55151240 on invoices. This includes traders, distributors, and e-commerce sellers operating under Man-Made Staple Fibres. Chapter 55 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Commencing trade in Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed? Secure GST registration to handle taxes on HSN 55151240 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

Using HSN Code 55151240 accurately for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 55 – Man-Made Staple Fibres to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 55151240?

Official GST rates for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed under HSN 55151240 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.

Do online marketplaces need to mention HSN 55151240?

Yes, online marketplaces and e-commerce operators selling Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed must mention HSN Code 55151240 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 Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed under HSN 55151240.

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

GST rates for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Mixed Mainly Or Solely With Man-Made Filaments : Printed and other Man-Made Staple Fibres products under Chapter 55 may change through GST Council recommendations. Monitor official notifications to stay updated on 2.50%, 2.50%, and 5.00% revisions.

More HSN codes from Chapter 55

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