What is HSN Code 53050050?
HSN code 53050050 is the Harmonized System of Nomenclature classification for Of Abaca under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.
This code belongs to Chapter 53 — Other Vegetable Textile Fibres; Paper Yarn And Woven Fabrics Of Paper…, which is part of Section XI: Textiles & Textile Articles. Every GST-registered business supplying of abaca must quote HSN 53050050 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.