Textile Products - GST Rates & HSN Code 5911

Textile products are an integral part of the Indian economy. The industry is one of the oldest in India and employs millions of people. As a result, it is essential to understand the GST rates and HSN codes that apply to textile products. In this article, we will discuss the GST rates and HSN code for textile products in India.

What is GST?

GST or Goods and Service Tax is the taxation system introduced by the Indian government to replace the existing indirect tax system. GST aims to simplify the taxation process and make it more transparent. It is a comprehensive tax that covers all goods and services in India.

What is HSN code?

HSN or Harmonized System of Nomenclature is a systematic classification of goods used globally. HSN codes help in the identification of goods during the movement of goods from one place to another. In India, HSN codes are used to determine the GST rates applicable to goods.

GST Rates for Textile Products

Textile products are classified under different headings based on their end-use. The GST rates for textile products are determined based on these classifications. The GST rates for textile products are as follows:

The GST rate for textile products under HSN code 5911 is 18%. This rate applies to textile fabrics, felt, and nonwovens that are impregnated, coated, covered, or laminated with plastics. The rate remains the same irrespective of the end-use of the product.

How to Determine the GST Rate for Textile Products?

To determine the GST rate for a textile product, you need to know the HSN code for the product. You can find the HSN code on the invoice or the packaging of the product. Once you know the HSN code, you can refer to the GST rate list to know the applicable GST rate.

Conclusion

In conclusion, the GST rate for textile products under HSN code 5911 is 18%. It is essential to know the applicable GST rate for textile products to avoid any legal complications. We hope this article has helped you understand the GST rates and HSN codes for textile products in India.