Within Chapter 58 – Special Woven Fabrics; Tufted, HSN Code 58031040 serves as the official classification for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed. This code determines tax rates and compliance obligations for all entities trading in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed. CGST applies at 6.00%, SGST/UTGST at 6.00% for local transactions, and IGST at 12.00% for interstate supplies. Measurement is standardized in 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 58031040
Tax liability for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed under HSN 58031040 varies by transaction geography. CGST at 6.00% combined with SGST/UTGST at 6.00% applies to local sales. Interstate movement attracts IGST at 12.00%. All billing for Chapter 58 – Special Woven Fabrics; Tufted products must use N.a.
Who Should Use HSN Code 58031040?
All businesses supplying Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed are obligated to use HSN 58031040 on tax invoices. From producers to retailers within Special Woven Fabrics; Tufted, Chapter 58 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Looking to deal in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed? GST registration is your first compliance requirement for HSN 58031040 goods. International traders in Special Woven Fabrics; Tufted products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Correct HSN Code 58031040 application for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed ensures smooth input credit utilization and assessment processes. Track 6.00%, 6.00%, and 12.00% rate changes for Chapter 58 – Special Woven Fabrics; Tufted through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 58031040 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 58031040 for accurate classification of Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed.
Can I claim input tax credit on Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed purchases?
Yes, registered businesses can claim input tax credit on Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed purchases made under HSN 58031040. 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 58031040?
CGST at 6.00% plus SGST/UTGST at 6.00% applies when Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed 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 Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed domestically?
No, Import Export Code is only required if you plan to import or export Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Yarn Dyed internationally. For domestic trade within Special Woven Fabrics; Tufted, GST registration is sufficient.
