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)
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.
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.
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.
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.