HSN CODE - 54049020 : STRIP ETC OF SYNTHTC FIBRE MATERIALS

Harmonised System of Nomenclature (HSN Codes) 54049020 are used for the STRIP ETC OF SYNTHTC FIBRE MATERIALS 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 54049020

First two digits (54) represent the chapter number which is Chapter 54 - Man-made filaments

Next two digits (04) represent the heading number which is SYNTHETIC MONOFILAMENT OF 67 DECITEX OR MORE AND OF WHICH NO CROSS-SECTIONAL DIMENSION EXCEEDS 1 MM; STRIP AND THE LIKE (FOR EXAMPLE, ARTIFICIAL STRAW) OF SYNTHETIC TEXTILE MATERIALS OF AN APPARENT WIDTH NOT EXCEEDING 5 MM

Next two digits (90) represent the product code which is Other

Last two digits (20) are for final or deeper classification which is STRIP ETC OF SYNTHTC FIBRE MATERIALS

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