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HSN CODE - 50060031 : SPUN FRM SLK WST OTHR THAN NOIL SLK CONTN <85% BY WT OF SLK
| HSN CODE | Description | Policy |
|---|---|---|
| 5006 | SILK YARN AND YARN SPUN FROM SILK WASTE, PUT UP FOR RETAIL SALE; SILK-WORM GUT | |
| 500600 | Yarn spun from silk waste containing 85% or less by weight of silk | |
| 50060031 | SPUN FRM SLK WST OTHR THAN NOIL SLK CONTN <85% BY WT OF SLK | Free |
Harmonised System of Nomenclature (HSN Codes) 50060031 are used for the SPUN FRM SLK WST OTHR THAN NOIL SLK CONTN <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 50060031
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 less by weight of silk
Last two digits (31) are for final or deeper classification which is SPUN FRM SLK WST OTHR THAN NOIL SLK CONTN <85% BY WT OF SLK
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.