Chapter 55 of the GST framework covers Man-Made Staple Fibres, and HSN Code 55159930 specifically identifies Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard 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 55159930

The tax structure for Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed under HSN Code 55159930 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 55159930?

Manufacturers, wholesalers, retailers, and exporters dealing in Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed are required to mention HSN 55159930 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

Starting a business involving Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed? GST registration is mandatory for collecting and remitting taxes on HSN 55159930 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

Correct HSN Code 55159930 application for Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed 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)

How many digits of HSN Code 55159930 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 55159930 for accurate classification of Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed.

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

Yes, registered businesses can claim input tax credit on Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed purchases made under HSN 55159930. 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 55159930?

CGST at 2.50% plus SGST/UTGST at 2.50% applies when Other Woven Fabrics Of Synthetic Staple Fibres - Other Woven Fabrics : Other : Dyed 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 : Dyed 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 : Dyed internationally. For domestic trade within Man-Made Staple Fibres, GST registration is sufficient.

More HSN codes from Chapter 55

Back to Top