What is HSN Code 500500?
HSN code 500500 is the Harmonized System of Nomenclature classification for Yarn Spun From Silk Waste, Not Put Up For Retail Sale : under India's Goods and Services Tax (GST). It is a 6-digit code sitting at the sub-heading (6-digit) level of the HSN hierarchy.
This code belongs to Chapter 50 — Silk, which is part of Section XI: Textiles & Textile Articles. Every GST-registered business supplying yarn spun from silk waste, not put up for retail sale : must quote HSN 500500 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.