What products are classified under HSN 5308
It includes Paper and yarn
HSN Sub Chapter 5308 represents Paper and yarn under GST classification. This code helps businesses identify Paper and yarn correctly for billing, taxation, and trade. With HSN Sub Chapter 5308, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Paper and yarn.
GST Rate for Paper and yarn under HSN Code 5308. 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 | 5308 | Yarn of other vegetable textile fibres;paper yarn: All goods [other than coconut coir fibre] including yarn of flax, jute, other textile bast fibres, other vegetable textile fibres; paper yarn, including coir pith compost, other than pre-packaged and labelled | 5% | 5% |
Chapter: 53
Description: Yarn of other vegetable textile fibres;paper yarn: All goods [other than coconut coir fibre] including yarn of flax, jute, other textile bast fibres, other vegetable textile fibres; paper yarn, including coir pith compost, other than pre-packaged and labelled
Following Tariff HSN code falls under Paper and yarn:
| Tariff HSN | Description |
|---|---|
| Coir yarn : Baled | |
| Coir yarn : Baled | |
| Coir yarn : Spooled hanks | |
| Coir yarn : Spooled hanks | |
| Coir yarn : Other | |
| Coir yarn : Other | |
| True hemp yarn | |
| True hemp yarn | |
| Other : Ramie yarn | |
| Other : Ramie yarn | |
| Other : Other | |
| Other : Other |
Coir yarn : Baled
Coir yarn : Baled
Coir yarn : Spooled hanks
Coir yarn : Spooled hanks
Coir yarn : Other
Coir yarn : Other
True hemp yarn
True hemp yarn
Other : Ramie yarn
Other : Ramie yarn
Other : Other
Other : Other
It includes Paper and yarn
If your outward supply of Paper and yarn is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Paper and yarn are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
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.