GST Rates and HSN Code for Yarn Of Coarse Animal Hair Or Horse Hair

Yarn made from coarse animal hair or horse hair is used in various textiles manufacturing, including carpets, rugs, and upholstery. It is also used in some medical and surgical applications, such as sutures and bandages. In this article, we will discuss the GST rates and HSN code for yarn of coarse animal hair or horse hair.

GST Rates for Yarn Of Coarse Animal Hair Or Horse Hair

The GST rates for yarn of coarse animal hair or horse hair are as follows:

As per the GST council, the GST rate for yarn of coarse animal hair or horse hair is 5%. This rate is applicable for all types of yarn made from coarse animal hair or horse hair, including horsehair yarn waste.

HSN Code for Yarn Of Coarse Animal Hair Or Horse Hair

The HSN code for yarn of coarse animal hair or horse hair is 5110. This code is used to classify all types of yarn made from coarse animal hair or horse hair, including horsehair yarn waste.

Conclusion

In conclusion, the GST rates and HSN code for yarn of coarse animal hair or horse hair are important to know for businesses involved in the manufacturing and sale of textiles products. By understanding the rate and code, businesses can ensure compliance with GST regulations and avoid any penalties.