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New GST Rate for HSN Code 5406

GST Rate for Natural gums & resins under HSN Code 5406. 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
Chapter No
54
HSN Code
5406
HSN Description
Man-made filament yarn (other than sewing thread), put up for retail sale
New GST Rate
18%
Old GST Rate
12%

Tariff HSN Codes under HSN Sub Chapter 5406

Following Tariff HSN code falls under HSN Sub Chapter 5406:

Tariff HSN
Description
Tariff HSN
54060010
Description
Synthetic filament yarn
Tariff HSN
54060010
Description
All goods other than Synthetic filament yarn
Tariff HSN
54060020
Description
Artificial filament yarn
Tariff HSN
54060020
Description
All goods other than Artificial filament yarn
Tariff HSN
54061000
Description
Man-made filament yarn (other than sewing thread), put up for retail sale synthetic filament yarn
Tariff HSN
54062000
Description
Man-made filament yarn (other than sewing thread), put up for retail sale artificial filament yarn

Case Laws Related to Sub Chapter 5406

Order Number
Description
Description
Texbond Non-wovens (AAR (Authority For Advance Ruling), Puducherry)
Description
M/S. Mount Fab Packaging Llp (AAR (Authority For Advance Ruling), Gujarat)
Description
Girivariya Non-woven Fabrics Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
Description
Mega Flex Plastics Ltd. & Other (Calcutta High Court, West Bengal)
Description
Max Non Woven Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
Description
Assistant Commissioner Of Central Tax (T & R) , Howrah Cgst & Cx Commissionerate (AAAR (Appellate Authority For Advance Ruling), West Bengal)
Description
M/S. Karam Green Bags (AAR (Authority For Advance Ruling), Gujarat)
Description
Ananta Synthetic Innovations (AAR (Authority For Advance Ruling), Gujarat)
Description
Gujarat Raffia Industries Limited (AAR (Authority For Advance Ruling), Gujarat)
Order Number
TN/17/AAR/2020
Description
M/S. Global Textile Alliance India Pvt. Ltd. (AAR (Authority For Advance Ruling), Tamil Nadu)
Description
Rotex Fabric Pvt. Ltd. (AAR (Authority For Advance Ruling), Gujarat)
Order Number
22/2018
Description
State Level Screening Committee On Anti-profiteering (Naa (National Anti Profiteering Authority), )
Description
Rotex Fabric Pvt. Ltd (AAAR (Appellate Authority For Advance Ruling), Gujarat)
Description
Assistant Commissioner Of Central Tax, Sankrail Division (AAAR (Appellate Authority For Advance Ruling), West Bengal)
Description
Utkal Polyweave Industries (P) Ltd. (AAR (Authority For Advance Ruling), Odisha)
Description
Karam Green Bags (AAAR (Appellate Authority For Advance Ruling), Gujarat)

Important Disclaimer

The entire content on this page has been arranged to the best of the author's understanding and is subject to periodic updates as per the law for the time being in force. The above does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions cannot be ruled out. BUSY Infotech Private Ltd. and its associates will not be held responsible for any loss or damage arising from any inaccurate or incomplete information in this document. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.