Within Chapter 55 – Man-Made Staple Fibres, HSN Code 55163120 serves as the official classification for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached. This code determines tax rates and compliance obligations for all entities trading in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Measurement is standardized in 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 55163120
The tax structure for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached under HSN Code 55163120 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in m2 as the standard measurement for goods under Chapter 55 – Man-Made Staple Fibres.
Who Should Use HSN Code 55163120?
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 Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached must quote HSN Code 55163120 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 Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached? GST registration is your first compliance requirement for HSN 55163120 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
Correct HSN Code 55163120 application for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached ensures smooth input credit utilization and assessment processes. Track 0.025, 0.025, and 0.05 rate changes for Chapter 55 – Man-Made Staple Fibres through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
The standard unit of measurement for Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached under HSN Code 55163120 is m2. All invoices and GST returns must reflect quantities using this measurement standard.
Yes, businesses dealing in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached must use HSN 55163120 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 55163120 for Man-Made Staple Fibres goods before invoicing.
Yes, AD Code registration is required for exporters dealing in Woven Fabrics Of Artificial Staple Fibres - Containing Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Unbleached Or Bleached : Bleached under Man-Made Staple Fibres. This registration links your bank account to process foreign currency payments from overseas buyers.