Within Chapter 58 – Special Woven Fabrics; Tufted, HSN Code 58081010 serves as the official classification for Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton. This code determines tax rates and compliance obligations for all entities trading in Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% 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 58081010
The tax structure for Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton under HSN Code 58081010 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 58 – Special Woven Fabrics; Tufted.
Who Should Use HSN Code 58081010?
Manufacturers, wholesalers, retailers, and exporters dealing in Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton are required to mention HSN 58081010 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
Starting a business involving Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton? GST registration is mandatory for collecting and remitting taxes on HSN 58081010 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
Accurate application of HSN Code 58081010 for Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 58 – Special Woven Fabrics; Tufted should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.
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 58081010 for accurate classification of Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton.
Yes, registered businesses can claim input tax credit on Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton purchases made under HSN 58081010. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton is sold within the same state. IGST at 5.00% 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 Braids In The Piece; Ornamental Trimmings In The Piece, Without Embroidery, Other Than Knitted Or Crocheted; Tassels, Pompons And Similar Articles - Braids, In The Piece:Of Cotton internationally. For domestic trade within Special Woven Fabrics; Tufted, GST registration is sufficient.