HSN Code 55161120 provides the tax classification for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05. The recognized unit of measurement is N.a.
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 55161120
Goods classified as Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached under HSN 55161120 are taxed based on transaction type. Local sales attract CGST at 0.025 plus SGST/UTGST at 0.025. For supplies crossing state boundaries, IGST at 0.05 applies. Documentation must reflect N.a as the measurement standard for Chapter 55 – Man-Made Staple Fibres products.
Who Should Use HSN Code 55161120?
Manufacturers, wholesalers, retailers, and exporters dealing in Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached are required to mention HSN 55161120 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
Entering the Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached market requires essential registrations. GST registration enables legal tax collection on HSN 55161120 goods. For cross-border trade in Man-Made Staple Fibres items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate HSN Code 55161120 usage for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 55 – Man-Made Staple Fibres to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 55161120 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 55161120 for accurate classification of Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached.
Can I claim input tax credit on Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached purchases?
Yes, registered businesses can claim input tax credit on Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached purchases made under HSN 55161120. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.
What is the difference between CGST and IGST for HSN 55161120?
CGST at 0.025 plus SGST/UTGST at 0.025 applies when Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached domestically?
No, Import Export Code is only required if you plan to import or export Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Unbleached Or Bleached : Bleached internationally. For domestic trade within Man-Made Staple Fibres, GST registration is sufficient.
