What products are classified under HSN 50072010 ?
It includes Other | Of Handloom Woven
HSN Code 50072010 represents Silk Sarees Containing 85% or More Silk under GST classification. This code helps businesses identify Silk Sarees Containing 85% or More Silk correctly for billing, taxation, and trade. With HSN Code 50072010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk Sarees Containing 85% or More Silk.
HSN Code 50072010 relates to the following description:
Silk Sarees Containing 85% or More Silk does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Fabrics of noil silk | |
| 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 |
Fabrics of noil silk
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 | Of Handloom Woven
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Sarees Containing 85% or More Silk; Nil for exempt items if applicable).
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.
Under HSN 50072010, Silk Sarees Containing 85% or More Silk 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.
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.