Within Chapter 55 – Man-Made Staple Fibres, HSN Code 55151940 serves as the official classification for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed. This code determines tax rates and compliance obligations for all entities trading in Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in 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 55151940
Tax liability for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed under HSN 55151940 varies by transaction geography. CGST at 2.50% combined with SGST/UTGST at 2.50% applies to local sales. Interstate movement attracts IGST at 5.00%. All billing for Chapter 55 – Man-Made Staple Fibres products must use m2.
Who Should Use HSN Code 55151940?
Every entity transacting in Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed must quote HSN Code 55151940 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
Starting a business involving Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed? GST registration is mandatory for collecting and remitting taxes on HSN 55151940 goods. Companies planning international trade within Man-Made Staple Fibres must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate HSN Code 55151940 usage for Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 55 – Man-Made Staple Fibres to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
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 55151940 for accurate classification of Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed.
Yes, registered businesses can claim input tax credit on Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed purchases made under HSN 55151940. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Other Woven Fabrics Of Synthetic Staple Fibres - Of Polyester Staple Fibres : Other : Printed internationally. For domestic trade within Man-Made Staple Fibres, GST registration is sufficient.