What is HSN Code 540231?
HSN code 540231 is the Harmonized System of Nomenclature classification for Of Nylon Or Other Polyamides, Measuring Per Single Yarn Not More Than 50 Tex 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 54 — Man-Made Filaments; Strip And The Like Of Man-Made Textile Materials, which is part of Section XI: Textiles & Textile Articles. Every GST-registered business supplying of nylon or other polyamides, measuring per single yarn not more than 50 tex must quote HSN 540231 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.