What products are classified under HSN 53029000 ?
It includes Jute and textile bast fibres
HSN Code 53029000 represents True Hemp Raw or Processed (Not Spun), Tow & Waste under GST classification. This code helps businesses identify True Hemp Raw or Processed (Not Spun), Tow & Waste correctly for billing, taxation, and trade. With HSN Code 53029000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of True Hemp Raw or Processed (Not Spun), Tow & Waste.
HSN Code 53029000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 53 | Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn | 5302 | True hemp (cannabis sativa l ), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock) | Other | 2.5% | 2.5% | 5% | 0% |
Description of goods
Other
Chapter
53 – Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Sub Chapter
5302 – True hemp (cannabis sativa l ), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock)
True Hemp Raw or Processed (Not Spun), Tow & Waste does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| True hemp, raw or retted |
True hemp, raw or retted
It includes Jute and textile bast fibres
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for True Hemp Raw or Processed (Not Spun), Tow & Waste; Nil for exempt items if applicable).
Under HSN 53029000, True Hemp Raw or Processed (Not Spun), Tow & Waste attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.