Under the GST regime, HSN Code 58012290 classifies Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other within Chapter 58 – Special Woven Fabrics; Tufted. This code is essential for businesses to correctly calculate and remit taxes on Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other. 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 58 – Special Woven Fabrics; Tufted
Below are related HSN codes from Chapter 58 – Special Woven Fabrics; Tufted for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Special Woven Fabrics; Tufted... | 58011000 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
| Special Woven Fabrics; Tufted... | 58012100 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
| Special Woven Fabrics; Tufted... | 58012210 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 2.50% | 2.50% | 5.00% |
| Special Woven Fabrics; Tufted... | 58012300 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
| Special Woven Fabrics; Tufted... | 58012600 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
| Special Woven Fabrics; Tufted... | 58012710 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 2.50% | 2.50% | 5.00% |
| Special Woven Fabrics; Tufted... | 58012720 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 2.50% | 2.50% | 5.00% |
| Special Woven Fabrics; Tufted... | 58012790 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
| Special Woven Fabrics; Tufted... | 58013100 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
| Special Woven Fabrics; Tufted... | 58013200 | Woven Pile Fabrics And Chenille Fabrics, Other Tha... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 58012290
Tax liability for Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other under HSN 58012290 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 58 – Special Woven Fabrics; Tufted products must use m2.
Who Should Use HSN Code 58012290?
Every entity transacting in Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other must quote HSN Code 58012290 on invoices. This includes traders, distributors, and e-commerce sellers operating under Special Woven Fabrics; Tufted. Chapter 58 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Commencing trade in Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other? Secure GST registration to handle taxes on HSN 58012290 classified goods. Businesses with international operations in Special Woven Fabrics; Tufted 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 application of HSN Code 58012290 for Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 58 – Special Woven Fabrics; Tufted should monitor rate updates (0.025, 0.025, 0.05) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 58012290 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 58012290 for accurate classification of Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other.
Can I claim input tax credit on Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other purchases?
Yes, registered businesses can claim input tax credit on Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other purchases made under HSN 58012290. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.
What is the difference between CGST and IGST for HSN 58012290?
CGST at 0.025 plus SGST/UTGST at 0.025 applies when Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other domestically?
No, Import Export Code is only required if you plan to import or export Woven Pile Fabrics And Chenille Fabrics, Other Than Fabrics Of Heading 5802 Or 5806 - Of Cotton:- Cut Corduroy:Other internationally. For domestic trade within Special Woven Fabrics; Tufted, GST registration is sufficient.
