GST Rates and HSN Code for Textile Fabrics Impregnated: A Guide for Indian Business Owners

As a small or medium business owner or startup founder in India, it's important to stay up-to-date with the latest GST rates and HSN codes for your products in order to avoid any compliance issues with the government. In this article, we'll be discussing the GST rates and HSN code for Textile Fabrics Impregnated, which is an important product for many businesses in India.

What are Textile Fabrics Impregnated?

Textile Fabrics Impregnated are fabrics that have been treated with a substance or coating to make them more durable, water-resistant, or flame-retardant. This process can involve a variety of different chemicals and techniques, depending on the intended use of the fabric.

The use of Textile Fabrics Impregnated is widespread in a variety of industries, including automotive, aerospace, construction, and industrial manufacturing. The fabrics are used to make a wide variety of products, including clothing, tents, awnings, upholstery, and more.

GST Rates for Textile Fabrics Impregnated

The GST rates for Textile Fabrics Impregnated are as follows:

1. 5% GST on Textile Fabrics Impregnated for use in the manufacture of textile products.

2. 12% GST on Textile Fabrics Impregnated for use in any other manner.

This means that if you're using Textile Fabrics Impregnated to manufacture textile products, you'll only be charged a 5% GST rate. However, if you're using it for any other purpose, you'll be charged a 12% GST rate.

HSN Code for Textile Fabrics Impregnated

The HSN code for Textile Fabrics Impregnated is 5907. This code is used to classify Textile Fabrics Impregnated under the GST regime.

It's important to note that the HSN code for Textile Fabrics Impregnated may vary depending on the specific type of fabric and the intended use. If you're unsure about the correct HSN code for your product, it's recommended that you consult with a qualified tax professional.

Conclusion

Understanding the correct GST rates and HSN codes for Textile Fabrics Impregnated is an important part of running a business in India. By following the guidelines outlined in this article, you can ensure that your business remains compliant with government regulations and avoid any unnecessary penalties or fines.

Remember, if you're unsure about the correct GST rates or HSN codes for your products, it's always a good idea to consult with a qualified tax professional who can provide you with the guidance you need.