HSN Code 55041020: Other Synthetic Staple Fibres Yarn

HSN Code 55041020 represents Other Synthetic Staple Fibres Yarn under GST classification. This code helps businesses identify Other Synthetic Staple Fibres Yarn correctly for billing, taxation, and trade. With HSN Code 55041020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other Synthetic Staple Fibres Yarn.

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Description of Goods for Other Synthetic Staple Fibres Yarn

HSN Code 55041020 relates to the following description:

Chapter Number Chapter Name Sub Chapter Number Sub Chapter Name Description of Goods CGST
(%)
SGST
(%)
IGST
(%)
CESS
(%)
55 Man-made staple fibres 5504 Artificial staple fibres, not carded, combed or otherwise processed for spinning Obtained from bamboo 9% 9% 18% 0%

Description of goods

Obtained from bamboo

Chapter

55 – Man-made staple fibres

Sub Chapter

5504 – Artificial staple fibres, not carded, combed or otherwise processed for spinning

CGST 9%
SGST 9%
IGST 18%
CESS 0%

What does HSN Code 55041020 not include?

Other Synthetic Staple Fibres Yarn does not include products with the following descriptions:

HSN Code Description
Artificial staple fibres, not carded, combed or otherwise processed for spinning - of viscose rayon
Obtained from wood other than bamboo
Of viscose rayon: Obtained from wood other than bamboo :Flame retardant Viscose Rayon fibre
Of viscose rayon: Obtained from wood other than bamboo : Other
Of viscose rayon: Obtained from bamboo :Flame retardant Viscose Rayon fibre
Of viscose rayon: Obtained from bamboo : Other
Of viscose rayon: Other
Other : Acetate rayon staple fibre
Other : Polynosic staple fibre
Other : High wet modulus staple fibre
Other : Other

Artificial staple fibres, not carded, combed or otherwise processed for spinning - of viscose rayon

Obtained from wood other than bamboo

Of viscose rayon: Obtained from wood other than bamboo :Flame retardant Viscose Rayon fibre

Of viscose rayon: Obtained from wood other than bamboo : Other

Of viscose rayon: Obtained from bamboo :Flame retardant Viscose Rayon fibre

Of viscose rayon: Obtained from bamboo : Other

Of viscose rayon: Other

Other : Acetate rayon staple fibre

Other : Polynosic staple fibre

Other : High wet modulus staple fibre

Other : Other

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FAQs for HSN Code 55041020

What products are classified under HSN 55041020 ?

It includes Unbleached Other Synthetic Staple Fibres Fabric Wool Blend

Can we claim ITC on inputs used to trade Other Synthetic Staple Fibres Yarn?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Other Synthetic Staple Fibres Yarn?

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.

Does packaging or labelling change the GST for Other Synthetic Staple Fibres Yarn?

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.

How much GST applies to Other Synthetic Staple Fibres Yarn?

Under HSN 55041020, Other Synthetic Staple Fibres Yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Synthetic Staple Fibres Yarn is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Synthetic Staple Fibres Yarn; Nil for exempt items if applicable).

Any common misclassification issue with Other Synthetic Staple Fibres Yarn?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Important Disclaimer

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.

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