What products are classified under HSN 52030000 ?
It includes Cotton Thread, Darning (Non-Retail)
HSN Code 52030000 represents Cotton, Carded or Combed under GST classification. This code helps businesses identify Cotton, Carded or Combed correctly for billing, taxation, and trade. With HSN Code 52030000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cotton, Carded or Combed.
HSN Code 52030000 relates to the following description:
Cotton, Carded or Combed does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Cotton Thread, Darning (Non-Retail)
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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 52030000, Cotton, Carded or Combed attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.