What products are classified under HSN 55029090 ?
It includes Para-aramid fibre
HSN Code 55029090 represents Artificial Filament Tow (Other) under GST classification. This code helps businesses identify Artificial Filament Tow (Other) correctly for billing, taxation, and trade. With HSN Code 55029090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Artificial Filament Tow (Other).
HSN Code 55029090 relates to the following description:
Artificial Filament Tow (Other) 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: Viscose rayon tow |
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: Viscose rayon tow
It includes Para-aramid fibre
Under HSN 55029090, Artificial Filament Tow (Other) 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.
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.
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.
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.