What products are classified under HSN 5301
It includes Raw flax & flax waste
HSN Sub Chapter 5301 represents Raw flax & flax waste under GST classification. This code helps businesses identify Raw flax & flax waste correctly for billing, taxation, and trade. With HSN Sub Chapter 5301, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Raw flax & flax waste.
GST Rate for Raw flax & flax waste under HSN Code 5301. 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 |
|---|---|---|---|---|
| 53 | 5301 | Flax, raw or processed but not spun; flax tow and waste (including yarn waste and garnetted stock) | 5% | 5% |
Chapter: 53
Description: Flax, raw or processed but not spun; flax tow and waste (including yarn waste and garnetted stock)
Following Tariff HSN code falls under Raw flax & flax waste:
| Tariff HSN | Description |
|---|---|
| Flax, raw or retted | |
| Flax, broken, scutched, hackled or otherwise processed, but not spun : Broken or scutched | |
| Flax, broken, scutched, hackled or otherwise processed, but not spun : Other | |
| Flax tow and waste |
Flax, raw or retted
Flax, broken, scutched, hackled or otherwise processed, but not spun : Broken or scutched
Flax, broken, scutched, hackled or otherwise processed, but not spun : Other
Flax tow and waste
It includes Raw flax & flax waste
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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
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.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
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.