HSN Code 55162200 provides the tax classification for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed under Chapter 55 – Man-Made Staple Fibres of the GST tariff. Businesses dealing in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed 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 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 55162200

For Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed classified under HSN Code 55162200, tax computation follows GST principles. CGST at 0.025 plus SGST/UTGST at 0.025 covers intrastate sales. IGST at 0.05 applies to interstate transactions. m2 is the prescribed measurement for Man-Made Staple Fibres under Chapter 55.

Who Should Use HSN Code 55162200?

Every entity transacting in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed must quote HSN Code 55162200 on invoices. This includes traders, distributors, and e-commerce sellers operating under Man-Made Staple Fibres. Chapter 55 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Looking to deal in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed? GST registration is your first compliance requirement for HSN 55162200 goods. International traders in Man-Made Staple Fibres products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Proper use of HSN Code 55162200 for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed streamlines audit processes and supports valid credit claims. Stay updated on 0.025, 0.025, and 0.05 rates for Chapter 55 – Man-Made Staple Fibres through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 55162200 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 55162200 for accurate classification of Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed.

Can I claim input tax credit on Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed purchases?

Yes, registered businesses can claim input tax credit on Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed purchases made under HSN 55162200. 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 55162200?

CGST at 0.025 plus SGST/UTGST at 0.025 applies when Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed 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 Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed domestically?

No, Import Export Code is only required if you plan to import or export Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Dyed internationally. For domestic trade within Man-Made Staple Fibres, GST registration is sufficient.

More HSN codes from Chapter 55

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