What products are classified under HSN 55052000 ?
It includes Of Polyesters
HSN Code 55052000 represents Of Artificial Fibres under GST classification. This code helps businesses identify Of Artificial Fibres correctly for billing, taxation, and trade. With HSN Code 55052000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Of Artificial Fibres.
HSN Code 55052000 relates to the following description:
Of Artificial Fibres does not include products with the following descriptions:
Of synthetic fibers : Of acrylic
Of synthetic fibers : Other
It includes Of Polyesters
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 55052000, Of Artificial Fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Artificial Fibres; Nil for exempt items if applicable).
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.