Chapter 60 of the GST framework covers Knitted Or Crocheted Fabrics, and HSN Code 60011020 specifically identifies Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard unit of measurement is N.a.
HSN Codes under Chapter 60 – Knitted Or Crocheted Fabrics
Below are related HSN codes from Chapter 60 – Knitted Or Crocheted Fabrics for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Knitted Or Crocheted Fabrics... | 60011010 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 2.50% | 2.50% | 5.00% |
| Knitted Or Crocheted Fabrics... | 60011090 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60012100 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60012200 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60012900 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60019100 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60019200 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60019910 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 2.50% | 2.50% | 5.00% |
| Knitted Or Crocheted Fabrics... | 60019990 | Pile Fabrics, Including Long Pile Fabrics And Terr... | 0.025 | 0.025 | 0.05 |
| Knitted Or Crocheted Fabrics... | 60024000 | Knitted Or Crocheted Fabrics Of A Width Not Exceed... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 60011020
Goods classified as Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres under HSN 60011020 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect N.a as the measurement standard for Chapter 60 – Knitted Or Crocheted Fabrics products.
Who Should Use HSN Code 60011020?
Any business engaged in supplying Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres must apply HSN 60011020 on invoices. The Knitted Or Crocheted Fabrics category under Chapter 60 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Commencing trade in Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres? Secure GST registration to handle taxes on HSN 60011020 classified goods. Businesses with international operations in Knitted Or Crocheted Fabrics need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Correct HSN Code 60011020 application for Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres ensures smooth input credit utilization and assessment processes. Track 2.50%, 2.50%, and 5.00% rate changes for Chapter 60 – Knitted Or Crocheted Fabrics through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is the unit of measurement for HSN 60011020?
The standard unit of measurement for Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres under HSN Code 60011020 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.
Is HSN Code 60011020 mandatory for small businesses?
Yes, businesses dealing in Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres must use HSN 60011020 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.
What happens if I use wrong HSN code for Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres?
Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 60011020 for Knitted Or Crocheted Fabrics goods before invoicing.
Do I need AD Code registration for exporting Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres?
Yes, AD Code registration is required for exporters dealing in Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Long Pile Fabrics: Of Man-Made Fibres under Knitted Or Crocheted Fabrics. This registration links your bank account to process foreign currency payments from overseas buyers.
