What products are classified under HSN 55063000 ?
It includes Other : Polypropylene tops
HSN Code 55063000 represents Acrylic or modacrylic under GST classification. This code helps businesses identify Acrylic or modacrylic correctly for billing, taxation, and trade. With HSN Code 55063000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Acrylic or modacrylic.
HSN Code 55063000 relates to the following description:
Acrylic or modacrylic does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Of nylon or other polyamides | |
| Of polyesters | |
| Of Polypropylene | |
| Other : Polypropylene tops | |
| Other : Other |
Of nylon or other polyamides
Of polyesters
Of Polypropylene
Other : Polypropylene tops
Other : Other
It includes Other : Polypropylene tops
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 Acrylic or modacrylic; Nil for exempt items if applicable).
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 55063000, Acrylic or modacrylic 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.
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.