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HSN CODE - 58071020 : LABEL BADGES ETC OF MAN-MADE FIBRE WOVEN
Harmonised System of Nomenclature (HSN Codes) 58071020 are used for the LABEL BADGES ETC OF MAN-MADE FIBRE WOVEN 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 58071020
First two digits (58) represent the chapter number which is Chapter 58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery.
Next two digits (07) represent the heading number which is LABELS, BADGES AND SIMILAR ARTICLES OF TEXTILE MATERIALS, IN THE PIECE, IN STRIPS OR CUT TO SHAPE OR SIZE NOT EMBROIDERED
Next two digits (10) represent the product code which is Woven
Last two digits (20) are for final or deeper classification which is LABEL BADGES ETC OF MAN-MADE FIBRE WOVEN
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.