59022010 is the designated HSN classification for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber, categorized under Chapter 59 – Impregnated, Coated, Covered in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 6.00%, SGST/UTGST at 6.00% for local transactions, and IGST at 12.00% for interstate supplies. Quantities are measured in m2 for billing purposes.

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... 59021010 Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or... 6.00% 6.00% 12.00%
Impregnated, Coated, Covered... 59021090 Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or... 0.06 0.06 0.12
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 59022010

The taxation of Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber under HSN Code 59022010 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 m2 for Impregnated, Coated, Covered goods under Chapter 59.

Who Should Use HSN Code 59022010?

Manufacturers, wholesalers, retailers, and exporters dealing in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber are required to mention HSN 59022010 on all tax documents. This classification under Impregnated, Coated, Covered applies to businesses of all sizes operating within Chapter 59. Proper usage ensures accurate return filing and audit compliance.

Business Registration Requirements

Planning to trade in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber? Complete GST registration to legally collect taxes on goods under HSN 59022010. Businesses importing or exporting Impregnated, Coated, Covered 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

Correct HSN Code 59022010 application for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber ensures smooth input credit utilization and assessment processes. Track 6.00%, 6.00%, and 12.00% rate changes for Chapter 59 – Impregnated, Coated, Covered through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 59022010 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 59022010 for accurate classification of Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber.

Can I claim input tax credit on Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber purchases?

Yes, registered businesses can claim input tax credit on Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber purchases made under HSN 59022010. 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 59022010?

CGST at 6.00% plus SGST/UTGST at 6.00% applies when Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber 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 Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber domestically?

No, Import Export Code is only required if you plan to import or export Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Of Polyesters : Impregnated With Rubber internationally. For domestic trade within Impregnated, Coated, Covered, GST registration is sufficient.

More HSN codes from Chapter 59

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