HSN Code & GST Rate for Silk & Woven fabrics - Chapter 50

Rates (%) Description HSN Codes Export and Import HSN Codes
NIL Silkworm laying, cocoon 5001 50010000
NIL Raw silk 5002 50020010, 50020020, 50020030
NIL Silk waste 5003 50030010, 50030020, 50030030, 50030040, 50030090
5% Silk yarn 5004 50040010, 50040090
5% Silk yarn 5005 50050011, 50050012, 50050021, 50050022
5% Silk yarn 5006 50060011, 50060019, 50060021, 50060029, 50060031, 50060032, 50060033, 50060039, 50060090
5% Woven fabrics of silk or of silk waste 5007 50071000, 50072010, 50072090, 50079000

Disclaimer

The HSN codes and rates have been arranged as per the best of authors understanding and are subject to periodical updates as per the law for the time being in force. It does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions herein is not ruled out. Tax2win will not be held responsible for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document.

CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.