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)
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 ....
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.
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.
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.