HSN Code 54061000 represents Artificial Filament Yarn Retail Sale under GST classification. This code helps businesses identify Artificial Filament Yarn Retail Sale correctly for billing, taxation, and trade. With HSN Code 54061000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Filament Yarn Retail Sale.
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HSN Code 54061000 relates to the following description.
Description of Goods
Man-made filament yarn (other than sewing thread), put up for retail sale synthetic filament yarn
Chapter
54 - Man-made filaments; strip and the like of man-made textile materials
Sub Chapter
5406 - Man-made filament yarn (other than sewing thread), put up for retail sale
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Artificial Filament Yarn Retail Sale does not include products with the following descriptions.
Synthetic filament yarn
All goods other than Synthetic filament yarn
Artificial filament yarn
All goods other than Artificial filament yarn
Man-made filament yarn (other than sewing thread), put up for retail sale artificial filament yarn
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 54061000 and GST compliance.
It includes Imitation Gut Nylon for Rackets
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 separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial Filament Yarn Retail Sale; Nil for exempt items if applicable).
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.
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.