HSN Code 56049000 provides the tax classification for Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other under Chapter 56 – Wadding, Felt And Nonwovens; of the GST tariff. Businesses dealing in Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.06, SGST/UTGST at 0.06, and IGST at 0.12. The recognized unit of measurement is kg..

HSN Codes under Chapter 56 – Wadding, Felt And Nonwovens;

Below are related HSN codes from Chapter 56 – Wadding, Felt And Nonwovens; for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Wadding, Felt And Nonwovens;... 56011000 Wadding Of Textile Materials And Articles Thereof;... 0.06 0.06 0.12
Wadding, Felt And Nonwovens;... 56012110 Wadding Of Textile Materials And Articles Thereof;... 6.00% 6.00% 12.00%
Wadding, Felt And Nonwovens;... 56012190 Wadding Of Textile Materials And Articles Thereof;... 0.06 0.06 0.12
Wadding, Felt And Nonwovens;... 56012200 Wadding Of Textile Materials And Articles Thereof;... 0.09 0.09 0.18
Wadding, Felt And Nonwovens;... 56012900 Wadding Of Textile Materials And Articles Thereof;... 0.06 0.06 0.12
Wadding, Felt And Nonwovens;... 56013000 Wadding Of Textile Materials And Articles Thereof;... 0.06 0.06 0.12
Wadding, Felt And Nonwovens;... 56021000 Felt, Whether Or Not Impregnated, Coated, Covered ... 0.06 0.06 0.12
Wadding, Felt And Nonwovens;... 56022100 Felt, Whether Or Not Impregnated, Coated, Covered ... 0.06 0.06 0.12
Wadding, Felt And Nonwovens;... 56022910 Felt, Whether Or Not Impregnated, Coated, Covered ... 6.00% 6.00% 12.00%
Wadding, Felt And Nonwovens;... 56022920 Felt, Whether Or Not Impregnated, Coated, Covered ... 6.00% 6.00% 12.00%

GST Rates for HSN 56049000

Tax liability for Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other under HSN 56049000 varies by transaction geography. CGST at 0.06 combined with SGST/UTGST at 0.06 applies to local sales. Interstate movement attracts IGST at 0.12. All billing for Chapter 56 – Wadding, Felt And Nonwovens; products must use kg..

Who Should Use HSN Code 56049000?

Traders, manufacturers, and importers of Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other are required to mention HSN Code 56049000 on all GST documents. This Wadding, Felt And Nonwovens; classification under Chapter 56 is mandatory for compliance across all business formats including online sellers.

Business Registration Requirements

Planning to trade in Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other? Complete GST registration to legally collect taxes on goods under HSN 56049000. Businesses importing or exporting Wadding, Felt And Nonwovens; 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.

Why Correct Classification Matters

Correct HSN Code 56049000 application for Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other ensures smooth input credit utilization and assessment processes. Track 0.06, 0.06, and 0.12 rate changes for Chapter 56 – Wadding, Felt And Nonwovens; through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 56049000 used for?

HSN Code 56049000 is used to classify Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other under Chapter 56 – Wadding, Felt And Nonwovens; for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 56049000?

For Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other, CGST applies at 0.06 and SGST/UTGST at 0.06 for intrastate supplies. Interstate transactions are taxed under IGST at 0.12.

Do I need GST registration to trade in Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other?

Yes, GST registration is mandatory for businesses dealing in Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other under HSN 56049000. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing Rubber Thread And Cord, Textile Covered; Textile Yarn, And Strip And The Like Of Heading 5404 Or 5405, Impregnated, Coated, Covered Or Sheathed With Rubber Or Plastics - Other?

For importing goods under Wadding, Felt And Nonwovens;, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 56

Back to Top