Under the GST regime, HSN Code 55161410 classifies Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung within Chapter 55 – Man-Made Staple Fibres. This code is essential for businesses to correctly calculate and remit taxes on Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% for interstate supplies. Goods are quantified using 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 55161410
Goods classified as Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung under HSN 55161410 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect m2 as the measurement standard for Chapter 55 – Man-Made Staple Fibres products.
Who Should Use HSN Code 55161410?
Any business engaged in supplying Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung must apply HSN 55161410 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
Entering the Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung market requires essential registrations. GST registration enables legal tax collection on HSN 55161410 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
Correct HSN Code 55161410 application for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung 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)
What is the unit of measurement for HSN 55161410?
The standard unit of measurement for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung under HSN Code 55161410 is m2. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 55161410 mandatory for small businesses?
Yes, businesses dealing in Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung must use HSN 55161410 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 55161410 for Man-Made Staple Fibres goods before invoicing.
Do I need AD Code registration for exporting Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung?
Yes, AD Code registration is required for exporters dealing in Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Spun Rayon Printed Shantung under Man-Made Staple Fibres. This registration links your bank account to process foreign currency payments from overseas buyers.
