HSN Code 58031020 provides the tax classification for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached under Chapter 58 – Special Woven Fabrics; Tufted of the GST tariff. Businesses dealing in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached must use this code for proper invoicing and return filing. Applicable taxes include CGST at 6.00%, SGST/UTGST at 6.00%, and IGST at 12.00%. The recognized unit of measurement is N.a.
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 58031020
For Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached classified under HSN Code 58031020, tax computation follows GST principles. CGST at 6.00% plus SGST/UTGST at 6.00% covers intrastate sales. IGST at 12.00% applies to interstate transactions. N.a is the prescribed measurement for Special Woven Fabrics; Tufted under Chapter 58.
Who Should Use HSN Code 58031020?
Manufacturers, wholesalers, retailers, and exporters dealing in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached are required to mention HSN 58031020 on all tax documents. This classification under Special Woven Fabrics; Tufted applies to businesses of all sizes operating within Chapter 58. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Commencing trade in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached? Secure GST registration to handle taxes on HSN 58031020 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
Proper use of HSN Code 58031020 for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached streamlines audit processes and supports valid credit claims. Stay updated on 6.00%, 6.00%, and 12.00% rates for Chapter 58 – Special Woven Fabrics; Tufted through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 58031020?
The standard unit of measurement for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached under HSN Code 58031020 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 58031020 mandatory for small businesses?
Yes, businesses dealing in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached must use HSN 58031020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 58031020 for Special Woven Fabrics; Tufted goods before invoicing.
Do I need AD Code registration for exporting Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached?
Yes, AD Code registration is required for exporters dealing in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Bleached under Special Woven Fabrics; Tufted. This registration links your bank account to process foreign currency payments from overseas buyers.
