HSN Code 54062000 represents Artificial Filament Yarn for Retail Sale under GST classification. This code helps businesses identify Artificial Filament Yarn for Retail Sale correctly for billing, taxation, and trade. With HSN Code 54062000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Filament Yarn for Retail Sale.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 54062000 relates to the following description.
Description of Goods
Man-made filament yarn (other than sewing thread), put up for retail sale artificial 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
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Artificial Filament Yarn for 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 synthetic 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 54062000 and GST compliance.
It includes Different Colours Other Polyester Staple Fibres Fabric > 170 GSM
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial Filament Yarn for Retail Sale; Nil for exempt items if applicable).
Under HSN 54062000, Artificial Filament Yarn for Retail Sale attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.