What products are classified under HSN 37032020 ?
It includes Polychrome textiles
HSN Code 37032020 represents Polychrome textiles under GST classification. This code helps businesses identify Polychrome textiles correctly for billing, taxation, and trade. With HSN Code 37032020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Polychrome textiles.
HSN Code 37032020 relates to the following description:
Polychrome textiles does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| In rolls of a width exceeding 610 mm: Photographic paper or paperboard | |
| In rolls of a width exceeding 610 mm:Textiles | |
| Other, for colour photography (polychrome): Photographic paper or paperboard | |
| Other : Photographic paper or paperboard | |
| Other : Textiles |
In rolls of a width exceeding 610 mm: Photographic paper or paperboard
In rolls of a width exceeding 610 mm:Textiles
Other, for colour photography (polychrome): Photographic paper or paperboard
Other : Photographic paper or paperboard
Other : Textiles
It includes Polychrome textiles
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 37032020, Polychrome textiles attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Polychrome textiles; Nil for exempt items if applicable).
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.