HSN Code 50050021: Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale

HSN Code 50050021 represents Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale under GST classification. This code helps businesses identify Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale correctly for billing, taxation, and trade. With HSN Code 50050021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale.

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Description of Goods for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale

HSN Code 50050021 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 : Other than noil silk 2.5% 2.5% 5% 0%

Description of goods

Yarn spun from silk waste, not put up for retail sale : Other than noil silk

Chapter

50 – Silk

Sub Chapter

5005 – Yarn spun from silk waste, not put up for retail sale

CGST 2.5%
SGST 2.5%
IGST 5%
CESS 0%

What does HSN Code 50050021 not include?

Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale 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 : Other than 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 : From noil silk

Yarn spun from silk waste, not put up for retail sale : Containing 85% or more by weight of silk waste : Other than 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 : From noil silk

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FAQs for HSN Code 50050021

What products are classified under HSN 50050021 ?

It includes Silk Embroidery Thread

Does packaging or labelling change the GST for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale?

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.

Can we claim ITC on inputs used to trade 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.

How should mixed supplies be billed when Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale; Nil for exempt items if applicable).

How much GST applies to Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale?

Under HSN 50050021, Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale?

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.

Important Disclaimer

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.

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