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HSN CODE - 55103020 : Acetate rayon spun yarn
| HSN CODE | Description | Policy |
|---|---|---|
| 5510 | YARN (OTHER THAN SEWING THREAD) OF ARTIFICIAL STAPLE FIBRES, NOT PUT UP FOR RETAIL SALE | |
| 551030 | Other yarn, mixed mainly or solely with cotton | |
| 55103020 | Acetate rayon spun yarn | Free |
Harmonised System of Nomenclature (HSN Codes) 55103020 are used for the Acetate rayon spun 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 55103020
First two digits (55) represent the chapter number which is Chapter 55 - Man-made staple fibres.
Next two digits (10) represent the heading number which is YARN (OTHER THAN SEWING THREAD) OF ARTIFICIAL STAPLE FIBRES, NOT PUT UP FOR RETAIL SALE
Next two digits (30) represent the product code which is Other yarn, mixed mainly or solely with cotton
Last two digits (20) are for final or deeper classification which is Acetate rayon spun yarn
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.