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HSN CODE - 51062020 : Mungo woollen yarn
HSN CODE | Description | Policy |
---|---|---|
5106 | YARN OF CARDED WOOL, NOT PUT UP FOR RETAIL SALE | |
510620 | Containing less than 85% by weight of wool | |
51062020 | Mungo woollen yarn | Free |
Harmonised System of Nomenclature (HSN Codes) 51062020 are used for the Mungo woollen yarn 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 51062020
First two digits (51) represent the chapter number which is Chapter 51 - Wool, fine or coarse animal hair; horse hair yarn and woven fabric
Next two digits (06) represent the heading number which is YARN OF CARDED WOOL, NOT PUT UP FOR RETAIL SALE
Next two digits (20) represent the product code which is Containing less than 85% by weight of wool
Last two digits (20) are for final or deeper classification which is Mungo woollen yarn
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.