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HSN CODE - 54071041 : Parachute fabrics
HSN CODE | Description | Policy |
---|---|---|
5407 | Woven fabrics of synthetic filament yarn, including woven fabrics obtained from materials of heading 5404 | |
540710 | Printed | |
54071041 | Parachute fabrics | Free |
Harmonised System of Nomenclature (HSN Codes) 54071041 are used for the Parachute fabrics 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 54071041
First two digits (54) represent the chapter number which is Chapter 54 - Man-made filaments
Next two digits (07) represent the heading number which is Woven fabrics of synthetic filament yarn, including woven fabrics obtained from materials of heading 5404
Next two digits (10) represent the product code which is Printed
Last two digits (41) are for final or deeper classification which is Parachute fabrics
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.