What products are classified under HSN 5303
It includes Jute and bast fibers
HSN Sub Chapter 5303 represents Jute and bast fibers under GST classification. This code helps businesses identify Jute and bast fibers correctly for billing, taxation, and trade. With HSN Sub Chapter 5303, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Jute and bast fibers.
GST Rate for Jute and bast fibers under HSN Code 5303. 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 | 5303 | Jute and other textile bast fibres (excluding flax, true hemp and ramie),raw or processed but not spun; tow and waste of these fibres(including yarn waste and garnetted stock) | 5% | 5% |
Chapter: 53
Description: Jute and other textile bast fibres (excluding flax, true hemp and ramie),raw or processed but not spun; tow and waste of these fibres(including yarn waste and garnetted stock)
Following Tariff HSN code falls under Jute and bast fibers:
| Tariff HSN | Description |
|---|---|
| Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted | |
| Jute and other textile bast fibres, raw or retted: Jute, raw or retted | |
| Jute and other textile bast fibres, raw or retted but not spun: Other | |
| Jute and other textile bast fibres, raw or retted: Other | |
| Other : Jute cutting | |
| Other : Other |
Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted
Jute and other textile bast fibres, raw or retted: Jute, raw or retted
Jute and other textile bast fibres, raw or retted but not spun: Other
Jute and other textile bast fibres, raw or retted: Other
Other : Jute cutting
Other : Other
It includes Jute and bast fibers
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.
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.
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.
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.
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 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.