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HSN CODE - 50060029 : OTHER SLK YRN CONTNG>=85% BY WT OF SLK

HSN CODE Description Policy
5006SILK YARN AND YARN SPUN FROM SILK WASTE, PUT UP FOR RETAIL SALE; SILK-WORM GUT
500600Yarn spun from silk waste containing 85% or more by weight of silk
50060029OTHER SLK YRN CONTNG>=85% BY WT OF SLKFree

Harmonised System of Nomenclature (HSN Codes) 50060029 are used for the OTHER SLK YRN CONTNG>=85% BY WT OF SLK products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 50060029

First two digits (50) represent the chapter number which is Chapter 50 - Silk

Next two digits (06) represent the heading number which is SILK YARN AND YARN SPUN FROM SILK WASTE, PUT UP FOR RETAIL SALE; SILK-WORM GUT

Next two digits (00) represent the product code which is Yarn spun from silk waste containing 85% or more by weight of silk

Last two digits (29) are for final or deeper classification which is OTHER SLK YRN CONTNG>=85% BY WT OF SLK

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.