HSN Code 54041920
Monofilaments
HSN54041920
Monofilaments
5%
IGST
Schedule I
CGST2.5%
SGST/UTGST2.5%
CessNil
When does this rate apply?
Use this HSN Code on tax invoices when supplying Monofilaments. 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.
Frequently asked questions
What is HSN Code 54041920?
HSN Code 54041920 is the official Harmonized System of Nomenclature code for Monofilaments, as per the CBIC GST rate schedule.
What is the GST rate for HSN Code 54041920?
HSN Code 54041920 attracts GST at 5% (IGST). For intra-state supplies, this is split as CGST 2.5% + SGST 2.5%. As per Notification No. 9/2025 - Central Tax (Rate).
Which chapter does HSN Code 54041920 belong to?
HSN Code 54041920 falls under Chapter 54 -- Man-made filaments of the GST tariff.