What products are classified under HSN 50071000 ?
It includes Other Fabrics Containing 85% or More Silk
HSN Code 50071000 represents Noil Silk Fabrics under GST classification. This code helps businesses identify Noil Silk Fabrics correctly for billing, taxation, and trade. With HSN Code 50071000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Noil Silk Fabrics.
HSN Code 50071000 relates to the following description:
Noil Silk Fabrics does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Sarees | |
| Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Other | |
| Other : Of Handloom woven | |
| Other : Other fabrics |
Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Sarees
Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Other
Other : Of Handloom woven
Other : Other fabrics
It includes Other Fabrics Containing 85% or More Silk
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Noil Silk Fabrics; 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 50071000, Noil Silk Fabrics attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.