HSN Code 50060039 represents Other Silk Waste Yarn (≤85% Silk) under GST classification. This code helps businesses identify Other Silk Waste Yarn (≤85% Silk) correctly for billing, taxation, and trade. With HSN Code 50060039, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Silk Waste Yarn (≤85% Silk).
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HSN Code 50060039 relates to the following description.
Description of Goods
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Other
Chapter
50 - Silk
Sub Chapter
5006 - Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Other Silk Waste Yarn (≤85% Silk) does not include products with the following descriptions.
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Silk embroidery thread
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk :
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Spun from silk waste other than noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Yarn spun from noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Silk embroidery thread
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Silk embroidery thread
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk :
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Spun from silk waste other than noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Yarn spun from noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Silk embroidery thread
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 50060039 and GST compliance.
It includes Noil Silk Fabrics
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Silk Waste Yarn (≤85% Silk); Nil for exempt items if applicable).
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 50060039, Other Silk Waste Yarn (≤85% Silk) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.