HSN Code 59023010 provides the tax classification for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber under Chapter 59 – Impregnated, Coated, Covered of the GST tariff. Businesses dealing in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber must use this code for proper invoicing and return filing. Applicable taxes include CGST at 6.00%, SGST/UTGST at 6.00%, and IGST at 12.00%. The recognized unit of measurement is 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... | 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... | 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% |
GST Rates for HSN 59023010
For Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber classified under HSN Code 59023010, tax computation follows GST principles. CGST at 6.00% plus SGST/UTGST at 6.00% covers intrastate sales. IGST at 12.00% applies to interstate transactions. N.a is the prescribed measurement for Impregnated, Coated, Covered under Chapter 59.
Who Should Use HSN Code 59023010?
Traders, manufacturers, and importers of Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber are required to mention HSN Code 59023010 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
Looking to deal in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber? GST registration is your first compliance requirement for HSN 59023010 goods. International traders in Impregnated, Coated, Covered 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
Accurate HSN Code 59023010 usage for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : 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)
Where can I find the official GST rate for HSN 59023010?
Official GST rates for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber under HSN 59023010 are published in government notifications and the CBIC website. Current rates are CGST 6.00%, SGST/UTGST 6.00%, and IGST 12.00%.
Do online marketplaces need to mention HSN 59023010?
Yes, online marketplaces and e-commerce operators selling Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber must mention HSN Code 59023010 on invoices. This Impregnated, Coated, Covered classification applies to all sales channels under Chapter 59.
What documents are needed for company registration to trade in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber under HSN 59023010.
How often do GST rates change for Impregnated, Coated, Covered products?
GST rates for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Impregnated With Rubber and other Impregnated, Coated, Covered products under Chapter 59 may change through GST Council recommendations. Monitor official notifications to stay updated on 6.00%, 6.00%, and 12.00% revisions.
