What products are classified under HSN 55021010 ?
It includes Viscose rayon tow
HSN Code 55021010 represents Viscose rayon tow, artificial filament tow under GST classification. This code helps businesses identify Viscose rayon tow, artificial filament tow correctly for billing, taxation, and trade. With HSN Code 55021010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Viscose rayon tow, artificial filament tow.
HSN Code 55021010 relates to the following description:
Viscose rayon tow, artificial filament tow does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Artificial filament tow - artificial filament tow : acetate rayon tow | |
| Artificial filament tow - artificial filament tow : viscose rayon tow | |
| Artificial filament tow - artificial filament tow : other | |
| Artificial filament tow : Of cellulose acetate: Other | |
| Artificial filament tow : Other: Viscose rayon tow | |
| Artificial filament tow : Other: Other |
Artificial filament tow - artificial filament tow : acetate rayon tow
Artificial filament tow - artificial filament tow : viscose rayon tow
Artificial filament tow - artificial filament tow : other
Artificial filament tow : Of cellulose acetate: Other
Artificial filament tow : Other: Viscose rayon tow
Artificial filament tow : Other: Other
It includes Viscose rayon tow
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Viscose rayon tow, artificial filament tow; Nil for exempt items if applicable).
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.
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.