HSN Code 51061020: Munga woollen yarn
HSN Code 51061020 represents Munga woollen yarn under GST classification. This code helps businesses identify Munga woollen yarn correctly for billing, taxation, and trade. With HSN Code 51061020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Munga woollen yarn.
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Description of Goods for HSN Code 51061020
HSN Code 51061020 relates to the following description.
What does HSN Code 51061020 not include?
Munga woollen yarn does not include products with the following descriptions.
Containing 85% or more by weight of wool : Shoddy woollen yarn
Containing 85% or more by weight of wool : Other
Containing less than 85% by weight of wool : Shoddy woollen yarn
Containing less than 85% by weight of wool : Munga woollen yarn
Containing less than 85% by weight of wool : Other
Containing 85% or more by weight of wool : Shoddy woollen yarn
Containing 85% or more by weight of wool : Other
Containing less than 85% by weight of wool : Shoddy woollen yarn
Containing less than 85% by weight of wool : Munga woollen yarn
Containing less than 85% by weight of wool : Other
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Frequently Asked Questions
Clear answers to common queries about HSN Code 51061020 and GST compliance.
What products are classified under HSN 51061020 ?
It includes Shoddy woollen yarn
Can we claim ITC on inputs used to trade Munga woollen yarn?
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 Munga woollen yarn is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Munga woollen yarn; Nil for exempt items if applicable).
How much GST applies to Munga woollen yarn?
Under HSN 51061020, Munga woollen yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Munga woollen yarn?
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.
Any common misclassification issue with Munga woollen yarn?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Munga woollen yarn?
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.