What products are classified under HSN 50050011 ?
It includes Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale
HSN Code 50050011 represents Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk under GST classification. This code helps businesses identify Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk correctly for billing, taxation, and trade. With HSN Code 50050011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk.
HSN Code 50050011 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 50 | Silk | 5005 | Yarn spun from silk waste, not put up for retail sale | Yarn spun from silk waste, not put up for retail sale : Containing 85% or more by weight of silk waste : Other than noil silk | 2.5% | 2.5% | 5% | 0% |
Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Yarn spun from silk waste, not put up for retail sale : Containing 85% or more by weight of silk waste : From noil silk | |
| Yarn spun from silk waste, not put up for retail sale : Other than noil silk | |
| Yarn spun from silk waste, not put up for retail sale : From noil silk |
Yarn spun from silk waste, not put up for retail sale : Containing 85% or more by weight of silk waste : From noil silk
Yarn spun from silk waste, not put up for retail sale : Other than noil silk
Yarn spun from silk waste, not put up for retail sale : From noil silk
It includes Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale
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.
Under HSN 50050011, Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk; 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.