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

Silk and woven fabrics are key components of the textile industry, widely used in fashion, interior design, and various other sectors. Chapter 50 of the HSN code classifies these fabrics, specifying the relevant GST rates for businesses involved in their manufacturing, distribution, or sale. Understanding the correct HSN codes and GST rates is essential for ensuring compliance with tax regulations and avoiding any potential penalties. In this blog, we will explore the details of Chapter 50, providing clarity on the GST rates and HSN codes for silk and woven fabrics. Additionally, we will discuss the importance of proper GST registration for businesses in this sector to ensure smooth operations and tax compliance.

HSN Code/ GST RAte of Goods- Chapter 50

Disclaimer:The GST rates and HSN codes provided in this document are based on the author's understanding and may be periodically updated in line with current regulations. This content is intended solely for informational purposes and should not be interpreted as professional advice or a formal recommendation. While efforts have been made to ensure the accuracy of the information, there may still be occasional errors or omissions. Online Legal India disclaims any liability for any loss or damage arising from inaccuracies or incomplete details presented in this document.