What products are classified under HSN 55011000 ?
It includes Knotted Wool Fine Animal Hair Carpets
HSN Code 55011000 represents Acetate Rayon Filament Tow under GST classification. This code helps businesses identify Acetate Rayon Filament Tow correctly for billing, taxation, and trade. With HSN Code 55011000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Acetate Rayon Filament Tow.
HSN Code 55011000 relates to the following description:
Acetate Rayon Filament Tow does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Of nylon or other polyamides: Of aramids | |
| Of nylon or other polyamides: Other | |
| Of polyesters | |
| Acrylic or modacrylic | |
| Of polypropylene | |
| Other : Of polypropylene | |
| Other : Other |
Of nylon or other polyamides: Of aramids
Of nylon or other polyamides: Other
Of polyesters
Acrylic or modacrylic
Of polypropylene
Other : Of polypropylene
Other : Other
It includes Knotted Wool Fine Animal Hair Carpets
Under HSN 55011000, Acetate Rayon Filament Tow attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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 the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.