Under the GST regime, HSN Code 55163300 classifies 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 : Of Yarns Of Different Colours 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 Wool Or Fine Animal Hair : Of Yarns Of Different Colours. 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.

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 55163300

Tax liability 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 : Of Yarns Of Different Colours under HSN 55163300 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.

Who Should Use HSN Code 55163300?

All businesses supplying 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 : Of Yarns Of Different Colours are obligated to use HSN 55163300 on tax invoices. From producers to retailers within Man-Made Staple Fibres, Chapter 55 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Commencing trade 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 : Of Yarns Of Different Colours? Secure GST registration to handle taxes on HSN 55163300 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.

Why Correct Classification Matters

Accurate HSN Code 55163300 usage 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 : Of Yarns Of Different Colours simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 55 – Man-Made Staple Fibres to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 55163300?

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 : Of Yarns Of Different Colours under HSN Code 55163300 is m2. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 55163300 mandatory for small businesses?

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 : Of Yarns Of Different Colours must use HSN 55163300 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 Less Than 85% By Weight Of Artificial Staple Fibres, Mixed Mainly Or Solely With Wool Or Fine Animal Hair : Of Yarns Of Different Colours?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 55163300 for Man-Made Staple Fibres goods before invoicing.

Do I need AD Code registration for exporting 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 : Of Yarns Of Different Colours?

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 : Of Yarns Of Different Colours under Man-Made Staple Fibres. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 55

Back to Top