Chapter 60 of the GST framework covers Knitted Or Crocheted Fabrics, and HSN Code 60031000 specifically identifies Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair. Tax rates applicable include CGST at 0.025, SGST/UTGST at 0.025, and IGST at 0.05 for interstate movements. The standard 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... | 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 |
GST Rates for HSN 60031000
The tax structure for Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair under HSN Code 60031000 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 60 – Knitted Or Crocheted Fabrics.
Who Should Use HSN Code 60031000?
Every entity transacting in Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair must quote HSN Code 60031000 on invoices. This includes traders, distributors, and e-commerce sellers operating under Knitted Or Crocheted Fabrics. Chapter 60 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Looking to deal in Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair? GST registration is your first compliance requirement for HSN 60031000 goods. International traders in Knitted Or Crocheted Fabrics 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
Using HSN Code 60031000 accurately for Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair 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)
What is HSN Code 60031000 used for?
HSN Code 60031000 is used to classify Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair under Chapter 60 – Knitted Or Crocheted Fabrics for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 60031000?
For Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.
Do I need GST registration to trade in Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair?
Yes, GST registration is mandatory for businesses dealing in Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair under HSN 60031000. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Knitted Or Crocheted Fabrics Of A Width Not Exceeding 30 Cm, Other Than Those Of Heading 6001 Or 6002 - Of Wool Or Fine Animal Hair?
For importing goods under Knitted Or Crocheted Fabrics, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
