What is HSN Code 54034240?
HSN code 54034240 is the Harmonized System of Nomenclature classification for Acetate Rayon Filament Yarn, 167 Decitex 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 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 acetate rayon filament yarn, 167 decitex must quote HSN 54034240 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.