HSN Code 60024000
Knitted or crocheted fabrics of a width not exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread, other than those of heading 6001 - containing by weight 5% or more of elastomeric yarn but not containing rubber thread
Knitted or crocheted fabrics of a width not exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread, other than those of heading 6001 - containing by weight 5% or more of elastomeric yarn but not containing rubber thread
When does this rate apply?
Use this HSN Code on tax invoices when supplying Knitted or crocheted fabrics of a width not exceeding 30 cm, containing by weigh. GST is charged at 5% (IGST for inter-state, or CGST 2.5% + SGST 2.5% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.