What products are classified under HSN 51072040 ?
It includes Carded
HSN Code 51072040 represents Woollen carpet yarn under GST classification. This code helps businesses identify Woollen carpet yarn correctly for billing, taxation, and trade. With HSN Code 51072040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Woollen carpet yarn.
HSN Code 51072040 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 less than 85% by weight of wool : Woollen carpet yarn | 2.5% | 2.5% | 5% | 0% |
Woollen carpet yarn 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 : Woollen carpet 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 : 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 : Woollen carpet 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 : Other
It includes Carded
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 the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 51072040, Woollen carpet yarn 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 Woollen carpet yarn; 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.