What products are classified under HSN 50040010 ?
It includes Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk
HSN Code 50040010 represents 100% Mulberry Dupion Silk Yarn under GST classification. This code helps businesses identify 100% Mulberry Dupion Silk Yarn correctly for billing, taxation, and trade. With HSN Code 50040010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of 100% Mulberry Dupion Silk Yarn.
HSN Code 50040010 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 50 | Silk | 5004 | Silk yarn (other than yarn spun from silk waste) not put up for retail sale | Silk yarn (other than yarn spun from silk waste) not put up for retail sale : 100% mulberry dupion silk yarn | 2.5% | 2.5% | 5% | 0% |
100% Mulberry Dupion Silk Yarn does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Silk yarn (other than yarn spun from silk waste) not put up for retail sale : Other |
Silk yarn (other than yarn spun from silk waste) not put up for retail sale : Other
It includes Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for 100% Mulberry Dupion Silk Yarn; Nil for exempt items if applicable).
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.
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.