What products are classified under HSN 51071040 ?
It includes Worsted hosiery yarn, <85% wool
HSN Code 51071040 represents Wool carpet yarn ≥ 85% wool under GST classification. This code helps businesses identify Wool carpet yarn ≥ 85% wool correctly for billing, taxation, and trade. With HSN Code 51071040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wool carpet yarn ≥ 85% wool.
HSN Code 51071040 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 51 | Wool, fine or coarse animal hair; horsehair yarn and woven fabric | 5107 | Yarn of combed wool, not put up for retail sale | CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Woollen carpet yarn | 2.5% | 2.5% | 5% | 0% |
Wool carpet yarn ≥ 85% wool does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted hosiery yarn | |
| CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted knitted yarn | |
| CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted weaving yarn | |
| CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Other | |
| Containing less than 85% by weight of wool : Worsted hosiery yarn | |
| Containing less than 85% by weight of wool : Worsted knitted yarn | |
| Containing less than 85% by weight of wool : Worsted weaving yarn | |
| Containing less than 85% by weight of wool : Woollen carpet yarn | |
| Containing less than 85% by weight of wool : Other |
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted hosiery yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted knitted yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted weaving yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Other
Containing less than 85% by weight of wool : Worsted hosiery yarn
Containing less than 85% by weight of wool : Worsted knitted yarn
Containing less than 85% by weight of wool : Worsted weaving yarn
Containing less than 85% by weight of wool : Woollen carpet yarn
Containing less than 85% by weight of wool : Other
It includes Worsted hosiery yarn, <85% wool
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Under HSN 51071040, Wool carpet yarn ≥ 85% wool attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wool carpet yarn ≥ 85% wool; Nil for exempt items if applicable).
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.