What products are classified under HSN 55029010 ?
It includes Aramid Flame Retardant Fibre Yarns
HSN Code 55029010 represents Viscose rayon tow under GST classification. This code helps businesses identify Viscose rayon tow correctly for billing, taxation, and trade. With HSN Code 55029010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Viscose rayon tow.
HSN Code 55029010 relates to the following description:
Viscose rayon 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: Viscose rayon tow | |
| Artificial filament tow : Of cellulose acetate: Other | |
| 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: Viscose rayon tow
Artificial filament tow : Of cellulose acetate: Other
Artificial filament tow : Other: Other
It includes Aramid Flame Retardant Fibre Yarns
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.
Under HSN 55029010, Viscose rayon 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.
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.