55161490 is the designated HSN classification for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Other, categorized under Chapter 55 – Man-Made Staple Fibres in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Quantities are measured in m2 for billing purposes.

Below are related HSN codes from Chapter 55 – Man-Made Staple Fibres for your reference:

Tax liability for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Other under HSN 55161490 varies by transaction geography. CGST at 0.025 combined with SGST/UTGST at 0.025 applies to local sales. Interstate movement attracts IGST at 0.05. All billing for Chapter 55 – Man-Made Staple Fibres products must use m2.

Manufacturers, wholesalers, retailers, and exporters dealing in Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Other are required to mention HSN 55161490 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.

Commencing trade in Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Other? Secure GST registration to handle taxes on HSN 55161490 classified goods. Businesses with international operations in Man-Made Staple Fibres need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Accurate application of HSN Code 55161490 for Woven Fabrics Of Artificial Staple Fibres - Containing 85% Or More By Weight Of Artificial Staple Fibres : Printed : Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 55 – Man-Made Staple Fibres should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.