What is HSN Code 54050000?
HSN code 54050000 is the Harmonized System of Nomenclature classification for Artificial Monofilament Of 67 Decitex Or More And Of Which No Cross-Sectional Dimension… 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 artificial monofilament of 67 decitex or more and of which no cross-sectional dimension… must quote HSN 54050000 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.