HSN Code 58021940: Terry Towelling Cotton Handloom

HSN Code 58021940 represents Terry Towelling Cotton Handloom under GST classification. This code helps businesses identify Terry Towelling Cotton Handloom correctly for billing, taxation, and trade. With HSN Code 58021940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Terry Towelling Cotton Handloom.

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Description of Goods for HSN Code 58021940

HSN Code 58021940 relates to the following description.

Description of Goods

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:printed

Chapter

58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery

Sub Chapter

5802 - Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 58021940 not include?

Terry Towelling Cotton Handloom does not include products with the following descriptions.

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton:unbleached

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:bleached

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:piece dyed

Terry towelling and similar woven terry fabrics, other than narrow fabrics of heading 5806; tufted textile fabrics, other than products of heading 5703 - terry towelling and similar woven terry fabrics, of cotton: - other:yarn dyed

Terry towelling and similar woven terry fabrics, of other textile materials

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Frequently Asked Questions

Clear answers to common queries about HSN Code 58021940 and GST compliance.

What products are classified under HSN 58021940 ?

It includes Multi-Color Yarn Synthetic Warp Knit Fabric

Do e‑way bill and e‑invoice apply for Terry Towelling Cotton Handloom?

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.

Any common misclassification issue with Terry Towelling Cotton Handloom?

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

How much GST applies to Terry Towelling Cotton Handloom?

Under HSN 58021940, Terry Towelling Cotton Handloom attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Terry Towelling Cotton Handloom is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Terry Towelling Cotton Handloom; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Terry Towelling Cotton Handloom?

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

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.