Chapter 54 – HSN Code & GST Rate for Man-Made Filaments & Textile Materials
Chapter 54 of the Harmonized System of Nomenclature (HSN) encompasses man-made filaments, strips, and similar materials used in textile manufacturing. These materials play a crucial role in the textile and apparel industries. Understanding the HSN codes and GST rates for Chapter 54 products is essential for businesses involved in the production and trading of these filaments and textile materials. Let’s explore the HSN codes and GST rates for Chapter 54 products in India:
Products Description | HSN Codes | Export & Import HSN Codes | GST Rate |
---|---|---|---|
Man-made filament yarn (other than sewing thread) | 5402 | 540210, 540220, 540231, 540232, 540233, 540234, 540239 | 12% |
Strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm | 5404 | 540490 | 12% |
Strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width exceeding 5 mm but not exceeding 30 mm | 5405 | 540510, 540521, 540522, 540523, 540524, 540525, 540526, 540527, 540528, 540529 | 12% |
Other monofilament of which any cross-sectional dimension exceeds 1 mm, rods, sticks, and profile shapes, whether or not surface worked but not otherwise worked, of plastics | 5406 | 540610, 540620, 540631, 540632, 540633, 540634, 540640, 540641, 540642, 540649 | 18% |
Man-made filaments and synthetic textile materials are vital components of modern textile production. 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.