HSN Code 60012200 provides the tax classification for Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres under Chapter 60 – Knitted Or Crocheted Fabrics of the GST tariff. Businesses dealing in Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05. The recognized unit of measurement is kg..
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... | 60011020 | 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... | 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 60012200
Tax liability for Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres under HSN 60012200 varies by transaction geography. CGST at 0.025 combined with SGST/UTGST at 0.025 applies to local sales. Interstate movement attracts IGST at 0.05. All billing for Chapter 60 – Knitted Or Crocheted Fabrics products must use kg..
Who Should Use HSN Code 60012200?
Traders, manufacturers, and importers of Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres are required to mention HSN Code 60012200 on all GST documents. This Knitted Or Crocheted Fabrics classification under Chapter 60 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade in Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres? Secure GST registration to handle taxes on HSN 60012200 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
Using HSN Code 60012200 accurately for Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres avoids compliance issues and facilitates credit claims. Monitor changes to 0.025, 0.025, and 0.05 rates for Chapter 60 – Knitted Or Crocheted Fabrics to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 60012200 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 60012200 for accurate classification of Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres.
Can I claim input tax credit on Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres purchases?
Yes, registered businesses can claim input tax credit on Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres purchases made under HSN 60012200. Ensure your supplier mentions correct HSN code and GST rates (0.025, 0.025) on the invoice.
What is the difference between CGST and IGST for HSN 60012200?
CGST at 0.025 plus SGST/UTGST at 0.025 applies when Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres is sold within the same state. IGST at 0.05 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres domestically?
No, Import Export Code is only required if you plan to import or export Pile Fabrics, Including Long Pile Fabrics And Terry Fabrics, Knitted Or Crocheted - Looped Pile Fabrics:Of Man-Made Fibres internationally. For domestic trade within Knitted Or Crocheted Fabrics, GST registration is sufficient.
