What products are classified under HSN 58042990 ?
It includes Jute Tapestries (Hand-Woven/Needle-Worked)
HSN Code 58042990 represents Lace: Mechanically made, other under GST classification. This code helps businesses identify Lace: Mechanically made, other correctly for billing, taxation, and trade. With HSN Code 58042990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lace: Mechanically made, other.
HSN Code 58042990 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 58 | Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery | 5804 | Tulles and other net fabrics, not including woven, knitted or crocheted fabrics; lace in the piece, in strips or in motifs, other than fabrics of headings 6002 to 6006 | Mechanically made lace : Of other textile materials : Other | 6% | 6% | 12% | 0% |
Description of goods
Mechanically made lace : Of other textile materials : Other
Chapter
58 – Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
Sub Chapter
5804 – Tulles and other net fabrics, not including woven, knitted or crocheted fabrics; lace in the piece, in strips or in motifs, other than fabrics of headings 6002 to 6006
Lace: Mechanically made, other does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Tulles and other net fabrics : Of cotton | |
| Tulles and other net fabrics : Other | |
| Mechanically made lace : Of man-made fibres | |
| Mechanically made lace : Of other textile materials : Of cotton | |
| Hand-made lace |
Tulles and other net fabrics : Of cotton
Tulles and other net fabrics : Other
Mechanically made lace : Of man-made fibres
Mechanically made lace : Of other textile materials : Of cotton
Hand-made lace
It includes Jute Tapestries (Hand-Woven/Needle-Worked)
Under HSN 58042990, Lace: Mechanically made, 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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lace: Mechanically made, other; 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.