What is HSN Code 600240?
HSN code 600240 is the Harmonized System of Nomenclature classification for Containing By Weight 5% Or More Of Elastomeric Yarn But Not Containing Rubber Thread 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 60 — Knitted Or Crocheted Fabrics, which is part of Section XI: Textiles & Textile Articles. Every GST-registered business supplying containing by weight 5% or more of elastomeric yarn but not containing rubber thread must quote HSN 600240 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.