Under the GST regime, HSN Code 59021010 classifies Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber within Chapter 59 – Impregnated, Coated, Covered. This code is essential for businesses to correctly calculate and remit taxes on Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber. 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 N.a.
HSN Codes under Chapter 59 – Impregnated, Coated, Covered
Below are related HSN codes from Chapter 59 – Impregnated, Coated, Covered for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Impregnated, Coated, Covered... | 59011010 | Textile Fabrics Coated With Gum Or Amylaceous Subs... | 6.00% | 6.00% | 12.00% |
| Impregnated, Coated, Covered... | 59011020 | Textile Fabrics Coated With Gum Or Amylaceous Subs... | 6.00% | 6.00% | 12.00% |
| Impregnated, Coated, Covered... | 59011090 | Textile Fabrics Coated With Gum Or Amylaceous Subs... | 0.06 | 0.06 | 0.12 |
| Impregnated, Coated, Covered... | 59019010 | Textile Fabrics Coated With Gum Or Amylaceous Subs... | 6.00% | 6.00% | 12.00% |
| Impregnated, Coated, Covered... | 59019020 | Textile Fabrics Coated With Gum Or Amylaceous Subs... | 6.00% | 6.00% | 12.00% |
| Impregnated, Coated, Covered... | 59019090 | Textile Fabrics Coated With Gum Or Amylaceous Subs... | 0.06 | 0.06 | 0.12 |
| Impregnated, Coated, Covered... | 59021090 | Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or... | 0.06 | 0.06 | 0.12 |
| Impregnated, Coated, Covered... | 59022010 | Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or... | 6.00% | 6.00% | 12.00% |
| Impregnated, Coated, Covered... | 59022090 | Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or... | 6.00% | 6.00% | 12.00% |
| Impregnated, Coated, Covered... | 59023010 | Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or... | 6.00% | 6.00% | 12.00% |
GST Rates for HSN 59021010
The tax structure for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber under HSN Code 59021010 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 N.a as the standard measurement for goods under Chapter 59 – Impregnated, Coated, Covered.
Who Should Use HSN Code 59021010?
Traders, manufacturers, and importers of Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber are required to mention HSN Code 59021010 on all GST documents. This Impregnated, Coated, Covered classification under Chapter 59 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber market requires essential registrations. GST registration enables legal tax collection on HSN 59021010 goods. For cross-border trade in Impregnated, Coated, Covered items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Accurate HSN Code 59021010 usage for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber simplifies reconciliation and protects against penalties. Keep current with 6.00%, 6.00%, and 12.00% updates for Chapter 59 – Impregnated, Coated, Covered to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
HSN Code 59021010 falls under Chapter 59 – Impregnated, Coated, Covered in the GST tariff schedule. This chapter covers various goods including Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber.
Yes, IGST at 12.00% is applicable when Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber is supplied interstate or imported. For local sales within a state, CGST at 6.00% and SGST/UTGST at 6.00% apply instead.
Yes, e-commerce sellers dealing in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Nylon Or Other Polyamides : Impregnated With Rubber must use HSN 59021010 on their invoices. This applies to all online platforms operating under Impregnated, Coated, Covered classification.
To import goods under Impregnated, Coated, Covered, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.