Within Chapter 56 – Wadding, Felt And Nonwovens;, HSN Code 56089020 serves as the official classification for Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute. This code determines tax rates and compliance obligations for all entities trading in Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in 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 56089020
For Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute classified under HSN Code 56089020, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. kg. is the prescribed measurement for Wadding, Felt And Nonwovens; under Chapter 56.
Who Should Use HSN Code 56089020?
Traders, manufacturers, and importers of Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute are required to mention HSN Code 56089020 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
Starting a business involving Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute? GST registration is mandatory for collecting and remitting taxes on HSN 56089020 goods. Companies planning international trade within Wadding, Felt And Nonwovens; must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate application of HSN Code 56089020 for Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 56 – Wadding, Felt And Nonwovens; should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
HSN Code 56089020 falls under Chapter 56 – Wadding, Felt And Nonwovens; in the GST tariff schedule. This chapter covers various goods including Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute.
Yes, IGST at 5.00% is applicable when Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Yes, e-commerce sellers dealing in Knotted Netting Of Twine, Cordage Or Rope; Made Up Fishing Nets And Other Made Up Nets, Of Textile Materials - Other : Of Jute must use HSN 56089020 on their invoices. This applies to all online platforms operating under Wadding, Felt And Nonwovens; classification.
To import goods under Wadding, Felt And Nonwovens;, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.