540244Sub-heading (6-digit)Section XI

HSN Code 540244Elastomeric

Full GST classification for Elastomeric — chapter, heading and tariff hierarchy, GST rate slabs and related HSN codes. Updated for India GST.

HSN Code

540244

Chapter

54

Digits

6-digit

Section

XI

What is HSN Code 540244?

HSN code 540244 is the Harmonized System of Nomenclature classification for Elastomeric 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 elastomeric must quote HSN 540244 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 540244

LevelCodeDescription
Chapter54man-made filaments; strip and the like of man-made textile materials
Heading5402synthetic filament yarn (other than sewing thread), not put up for retail sale, including synthetic monofilament of less than 67 decitex
Sub-heading540244elastomeric

GST rate for HSN 540244

Goods under HSN 540244 attract GST at one of the five standard slabs. The exact rate depends on the specific product and the latest GST Council notification — always confirm before invoicing.

0%

Nil / Exempt

Fresh produce, milk, cereals, books

5%

Merit rate

Essentials, packaged food, transport

12%

Standard-low

Processed food, mobiles, apparel > ₹1,000

18%

Standard

Most goods, electronics, services

28%

Demerit / luxury

Cars, cement, aerated drinks, tobacco

Find the exact GST rate for Elastomeric

HSN Code 540244 — FAQs

What is HSN code 540244?

HSN code 540244 classifies "Elastomeric" under India's GST regime. It falls under Chapter 54 (Man-Made Filaments; Strip And The Like Of Man-Made Textile Materials) of the Harmonized System of Nomenclature.

How many digits is HSN code 540244?

540244 is a 6-digit HSN code — a sub-heading (6-digit). Businesses declare 4-digit HSN (turnover up to ₹5 crore) or 6-digit HSN (above ₹5 crore) on GST invoices; 8-digit codes are used for exports and imports.

What is the GST rate for HSN code 540244?

Goods under HSN 540244 are taxed at one of the GST slabs — 0%, 5%, 12%, 18% or 28% — depending on the exact product and the latest GST Council notification. Use the Laabam.One GST Rate Finder to confirm the current rate for Elastomeric.

Which chapter does HSN code 540244 belong to?

HSN 540244 belongs to Chapter 54 — Man-Made Filaments; Strip And The Like Of Man-Made Textile Materials, part of Section XI: Textiles & Textile Articles.

Auto-fill HSN 540244 on every invoice

Laabam.One ERP stores HSN codes against your products and auto-populates them on GST invoices, e-invoices and GSTR-1 — no manual lookup, no classification errors.