Within Chapter 58 – Special Woven Fabrics; Tufted, HSN Code 58031050 serves as the official classification for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed. 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:Printed. 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 58031050
The taxation of Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed under HSN Code 58031050 depends on supply location. Intrastate transactions require CGST at 6.00% and SGST/UTGST at 6.00%. Interstate supplies are charged IGST at 12.00%. Invoices should consistently use N.a for Special Woven Fabrics; Tufted goods under Chapter 58.
Who Should Use HSN Code 58031050?
Manufacturers, wholesalers, retailers, and exporters dealing in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed are required to mention HSN 58031050 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
Planning to trade in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed? Complete GST registration to legally collect taxes on goods under HSN 58031050. Businesses importing or exporting Special Woven Fabrics; Tufted products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 58031050 for Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed 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 HSN Code 58031050 used for?
HSN Code 58031050 is used to classify Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed under Chapter 58 – Special Woven Fabrics; Tufted for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 58031050?
For Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed, CGST applies at 6.00% and SGST/UTGST at 6.00% for intrastate supplies. Interstate transactions are taxed under IGST at 12.00%.
Do I need GST registration to trade in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed?
Yes, GST registration is mandatory for businesses dealing in Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed under HSN 58031050. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Gauze, Other Than Narrow Fabrics Of Heading 5806 5803 10 - Of Cotton:Printed?
For importing goods under Special Woven Fabrics; Tufted, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
