Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton: GST Rates & HSN Code 5513

Introduction

India's GST system is designed to regulate the country's tax system, making it more efficient and transparent. The GST rate on goods and services in India is divided into five slabs, ranging from zero percent to 28 percent.

In this article, we will discuss the GST rates and HSN code for Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton.

GST Rate for Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton

Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton falls under the HS Code 5513. The GST rate for Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton is 5%.

This means that if a business owner is engaged in the production of Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton, then they are required to pay GST at the rate of 5% on the sale of their products.

HSN Code for Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton

HSN codes are a system of classification that is used to classify goods and services for taxation purposes. The HSN code for Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton is 5513.

This means that if a business is engaged in the production of Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton, then they are required to use the HSN code 5513 for their products.

Understanding Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton

Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton is a type of fabric that is produced by blending synthetic staple fibres with cotton fibres. The fabric is then woven using a weaving machine to create a textile that is durable and resistant to wear and tear.

Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton is used in a variety of applications, including the production of clothing, bed linen, and upholstery.

Conclusion

Understanding GST rates and HSN codes is an essential part of doing business in India. By knowing the GST rate and HSN code for Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton, business owners can ensure that they are compliant with India's tax regulations.

If you are engaged in the production of Woven Fabrics Of Synthetic Staple Fibre Mixed Cotton, then it is important to be aware of the GST rate and HSN code for your products to avoid penalties and fines.