What products are classified under HSN 5001
It includes Silk-worm cocoons
HSN Sub Chapter 5001 represents Silk-worm cocoons under GST classification. This code helps businesses identify Silk-worm cocoons correctly for billing, taxation, and trade. With HSN Sub Chapter 5001, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk-worm cocoons.
GST Rate for Silk-worm cocoons under HSN Code 5001. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 50 | 5001 | Silk-worm cocoons suitable for reeling | 18% | 18% |
Following Tariff HSN code falls under Silk-worm cocoons:
| Tariff HSN | Description |
|---|---|
| Silk-worm cocoons suitable for reeling |
Silk-worm cocoons suitable for reeling
It includes Silk-worm cocoons
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
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.