What products are classified under HSN 55012000 ?
It includes Of polypropylene
HSN Code 55012000 represents Of polyesters under GST classification. This code helps businesses identify Of polyesters correctly for billing, taxation, and trade. With HSN Code 55012000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Of polyesters.
HSN Code 55012000 relates to the following description:
Of polyesters does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Synthetic filament tow - of nylon or other polyamides | |
| Of nylon or other polyamides: Of aramids | |
| Of nylon or other polyamides: Other | |
| Acrylic or modacrylic | |
| Of polypropylene | |
| Other : Of polypropylene | |
| Other : Other |
Synthetic filament tow - of nylon or other polyamides
Of nylon or other polyamides: Of aramids
Of nylon or other polyamides: Other
Acrylic or modacrylic
Of polypropylene
Other : Of polypropylene
Other : Other
It includes Of polypropylene
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.
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.
Under HSN 55012000, Of polyesters attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.