Within Chapter 55 – Man-Made Staple Fibres, HSN Code 55159920 serves as the official classification for Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached. This code determines tax rates and compliance obligations for all entities trading in Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached. 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 55159920

Tax liability for Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached under HSN 55159920 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 55159920?

Any business engaged in supplying Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached must apply HSN 55159920 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 Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached? GST registration is your first compliance requirement for HSN 55159920 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

Proper use of HSN Code 55159920 for Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 55 – Man-Made Staple Fibres through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 55159920 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 55159920 for accurate classification of Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached.

Can I claim input tax credit on Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached purchases?

Yes, registered businesses can claim input tax credit on Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached purchases made under HSN 55159920. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.

What is the difference between CGST and IGST for HSN 55159920?

CGST at 2.50% plus SGST/UTGST at 2.50% applies when Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached domestically?

No, Import Export Code is only required if you plan to import or export Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Bleached internationally. For domestic trade within Man-Made Staple Fibres, GST registration is sufficient.

More HSN codes from Chapter 55

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