Chapter 53 – HSN Code & GST Rate for Vegetable Textile Fibres & Paper Yarn
Chapter 53 of the Harmonized System of Nomenclature (HSN) includes various products such as vegetable textile fibres and fabric made from paper yarn. These materials find applications in textile manufacturing and related industries. Understanding the HSN codes and GST rates for Chapter 53 products is crucial for businesses involved in the production and trading of these fibres and yarns. Let’s explore the HSN codes and GST rates for Chapter 53 products in India:
Products Description | HSN Codes | Export & Import HSN Codes | GST Rate |
---|---|---|---|
Flax fibre (raw or processed but not spun); tow and waste of flax fibre, including yarn waste but excluding garnetted stock | 5301 | 530100 | 5% |
Jute and other textile bast fibres (excluding flax, true hemp, and ramie), raw or processed but not spun; tow and waste of these fibres (including yarn waste and garnetted stock) | 5303 | 530300 | 5% |
Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils, and waste of these fibres (including yarn waste and garnetted stock) | 5305 | 530500 | 5% |
Paper yarn and woven fabrics of paper yarn | 5308 | 530810, 530890 | 12% |
Vegetable textile fibres and paper yarn products contribute significantly to the textile and paper industries. Proper classification under the correct HSN codes ensures accurate taxation and compliance with GST regulations. Businesses dealing with these materials should verify the HSN codes, Export & Import HSN Codes, and GST rates with relevant authorities for current information.