Under the GST regime, HSN Code 55162400 classifies Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Printed 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 Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Printed. The applicable rates are CGST at 0.025, SGST/UTGST at 0.025 for within-state sales, and IGST at 0.05 for interstate supplies. Goods are quantified using m2.

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

For Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Printed classified under HSN Code 55162400, 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.

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 : Printed must quote HSN Code 55162400 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.

Planning to trade in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Printed? Complete GST registration to legally collect taxes on goods under HSN 55162400. Businesses importing or exporting Man-Made Staple Fibres products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Using HSN Code 55162400 accurately for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Manmade Filaments : Printed avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 55 – Man-Made Staple Fibres to maintain accurate filings and smooth business operations.