56089010 is the designated HSN classification for Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton, categorized under Chapter 56 – Wadding, Felt And Nonwovens; in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in kg. for billing purposes.
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 56089010
The taxation of Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton under HSN Code 56089010 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use kg. for Wadding, Felt And Nonwovens; goods under Chapter 56.
Who Should Use HSN Code 56089010?
All businesses supplying Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton are obligated to use HSN 56089010 on tax invoices. From producers to retailers within Wadding, Felt And Nonwovens;, Chapter 56 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Commencing trade in Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton? Secure GST registration to handle taxes on HSN 56089010 classified goods. Businesses with international operations in Wadding, Felt And Nonwovens; 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
Proper use of HSN Code 56089010 for Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 56 – Wadding, Felt And Nonwovens; through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 56089010 used for?
HSN Code 56089010 is used to classify Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton 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 56089010?
For Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.
Do I need GST registration to trade in Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton?
Yes, GST registration is mandatory for businesses dealing in Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton under HSN 56089010. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Cotton?
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.
