What products are classified under HSN 54011000 ?
It includes High tenacity nylon yarn
HSN Code 54011000 represents Of synthetic filaments under GST classification. This code helps businesses identify Of synthetic filaments correctly for billing, taxation, and trade. With HSN Code 54011000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Of synthetic filaments.
HSN Code 54011000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 54 | Man-made filaments; strip and the like of man-made textile materials | 5401 | Sewing thread of man-made filaments, whether or not put up for retail sale | Of synthetic filaments | 6% | 6% | 12% | 0% |
Of synthetic filaments does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Of artificial filaments |
Of artificial filaments
It includes High tenacity nylon yarn
Under HSN 54011000, Of synthetic filaments attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of synthetic filaments; Nil for exempt items if applicable).
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.