59023090 is the designated HSN classification for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Other, 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 - Other : Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.06, SGST/UTGST at 0.06 for local transactions, and IGST at 0.12 for interstate supplies. Quantities are measured in N.a 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... 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 59023090

Goods classified as Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Other under HSN 59023090 are taxed based on transaction type. Local sales attract CGST at 0.06 plus SGST/UTGST at 0.06. For supplies crossing state boundaries, IGST at 0.12 applies. Documentation must reflect N.a as the measurement standard for Chapter 59 – Impregnated, Coated, Covered products.

Who Should Use HSN Code 59023090?

Any business engaged in supplying Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Other must apply HSN 59023090 on invoices. The Impregnated, Coated, Covered category under Chapter 59 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Planning to trade in Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Other? Complete GST registration to legally collect taxes on goods under HSN 59023090. 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

Accurate HSN Code 59023090 usage for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Other simplifies reconciliation and protects against penalties. Keep current with 0.06, 0.06, and 0.12 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 59023090?

Official GST rates for Tyre Cord Fabric Of High Tenacity Yarn Of Nylon Or Other Polyamides, Polyesters Or Viscose Rayon - Other : Other under HSN 59023090 are published in government notifications and the CBIC website. Current rates are CGST 0.06, SGST/UTGST 0.06, and IGST 0.12.

Do online marketplaces need to mention HSN 59023090?

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 : Other must mention HSN Code 59023090 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 : Other?

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 : Other under HSN 59023090.

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 : Other and other Impregnated, Coated, Covered products under Chapter 59 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.06, 0.06, and 0.12 revisions.

More HSN codes from Chapter 59

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