Under the GST regime, HSN Code 58021020 classifies Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... within Chapter 58 – Special Woven Fabrics; Tufted. This code is essential for businesses to correctly calculate and remit taxes on Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling .... The applicable rates are CGST at 6.00%, SGST/UTGST at 6.00% for within-state sales, and IGST at 12.00% 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... 58012290 Woven Pile Fabrics And Chenille Fabrics, Other Tha... 0.025 0.025 0.05
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

GST Rates for HSN 58021020

The tax structure for Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... under HSN Code 58021020 follows a dual taxation model. CGST is levied at 6.00% and SGST/UTGST at 6.00% for intrastate sales. Interstate transactions attract IGST at 12.00%. All invoices must record quantities in m2 as the standard measurement for goods under Chapter 58 – Special Woven Fabrics; Tufted.

Who Should Use HSN Code 58021020?

Every entity transacting in Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... must quote HSN Code 58021020 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

Starting a business involving Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ...? GST registration is mandatory for collecting and remitting taxes on HSN 58021020 goods. Companies planning international trade within Special Woven Fabrics; Tufted 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

Using HSN Code 58021020 accurately for Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... avoids compliance issues and facilitates credit claims. Monitor changes to 6.00%, 6.00%, and 12.00% rates for Chapter 58 – Special Woven Fabrics; Tufted to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 58021020 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 58021020 for accurate classification of Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ....

Can I claim input tax credit on Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... purchases?

Yes, registered businesses can claim input tax credit on Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... purchases made under HSN 58021020. Ensure your supplier mentions correct HSN code and GST rates (6.00%, 6.00%) on the invoice.

What is the difference between CGST and IGST for HSN 58021020?

CGST at 6.00% plus SGST/UTGST at 6.00% applies when Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... is sold within the same state. IGST at 12.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... domestically?

No, Import Export Code is only required if you plan to import or export Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery~Terry Towelling And Similar Woven Terry Fabrics, Other Than Arrow Fabrics Of Heading 5806 Tufted Textile Fabrics, Other Than Products Of Heading 5703~Terry Towelling ... internationally. For domestic trade within Special Woven Fabrics; Tufted, GST registration is sufficient.

More HSN codes from Chapter 58

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