GST rates and 5811 HSN code for Quilted The Harmonized System Nomenclature is a standard means of identifying products with a name and number. In India, the Harmonized System is used under the Goods and Service Tax (GST) system to classify commodities and fix applicable taxes. This report covers the details of the 5811 HSN code, which registers on quilted textile goods, and their corresponding GST rates on quilts and blankets.
Understanding HSN Code 5811 “HSN Code 5811” covers “quilted textile products in the piece, composed of one more layers of embroidered goods of padding stitched other than 5810”. This code includes quilted articles which are formed of patches stitched together. These layers of textile materials are combined with a stuffing in between them. This designation does not cover embroidered quilted articles which her under a different classification.
You Can Also Read: 6307 HSN Code for Made-up Textile Articles
GST Rates for HSN Code 5811 The established GST rate for HSN Code 5811 commodity products is twelve percent. This taxation rate applies equally on all further divisions in this category. Different divisions of goods under this HSN code have been mentioned with their relevant GST rates in the following table: HSN Code Description GST Rate 581100 Quilted textile products in the piece, composed of one or more layers of textile materials assembled with padding by stitching or otherwise 12% 58110010 Kantha (multi-layer stitched textile fabrics in pieces used for bedding, mattress pads, clothing, etc.) 12% 58110020 Quilted wadding 12% 58110090 Others 12%
Dis tinguishing Quilted Textile Products from Quilts While HSN Code 5811 covers quilted textile products in bulk form, it does not include finished quilts meant for retail sale. Finished quilts are filed under a different subsection of the HSN system specifically categorized under Chapter 94 which covers Furniture, Bedding, Mattresses, and other similar stuffed articles. The classification along with the GST rates of finished quilts depend on the value at which they are sold as described below: HSN Code Description Sale Value per Piece GST Rate 94044010 Quilts (sale value not exceeding Rs. 1,000 per piece) ≤ Rs. 1,000 5% 94044020 Quilts (sale value exceeding Rs. 1,000 per piece) > Rs. 1,000 12%
GST Rates for Blankets Blankets fall under HSN Code 6301, which includes blankets and traveling rugs. Blanket GST taxes also differ according to the composition and sale value of a particular blanket:
1. Basic Rate: Blankets and traveling rugs fall under this category.
2. Sub Specifications:
a. Electric Blankets (HSN 63011000): 12% GST
b. Wool or Fine Animal Hair Blankets (HSN 63012000): 12% GST
c. Cotton Blankets (HSN 63013000): 12% GST
d. Blankets out of Synthetic Fiber (HSN 63014000): 12% GST
e. Jute and Jute Blend Blankets (HSN 63019010): 5% GST
Get More Info on: Textile Products GST Rate and HSN Code- 5911 Here
Key Considerations for Businesses 1. Right Classification: Businesses need to ensure appropriate product classification under available HSN codes to remain compliant with GST policies for product misclassifications which may result in adverse tax filing outcomes and harsh consequences.
2. Invoice Details: Including the correct HSN code on invoices is necessary under the GST law. This system promotes efficiency and helps in proper tax calculation.
3. Stay Updated: GST scopes and laws are open to changes from time to time. It is wise to keep checking the proper portal or contacting an expert regarding product categorization and tax thresholds for the business.
Conclusion It is important for businesses related to quilted textile goods, quilts, and blankets, to know well the applications of HSN codes and associated GST rates. HSN code 5811 quilted textile goods in bulk form are classified under it with a regular GST rate of twelve percent. Different finished quilts and blankets have different rates based on fabric composition as well as selling price. If businesses stay current with product classification and government rule changes, they will remain compliant and simplify their tax requirements.
FAQs 1. What is the 5811 HSN code? The 5811 HSN code is assigned to quilted textile goods in bulk consisting of different fabric layers sewn together and having padding in between.
2. Is it possible to classify finished quilts under HSN code 5811? No, 5811 HSN code is only applicable to bulk quilted fabric. It is a finished quilt which comes under the HSN Code 9404.
3. What is the GST on quilted textile goods for HSN Code 5811? Quilted textile goods under HSN code 5811 are applicable to GST at the rate of 12%.
4. What is the quilt HSN code or retail sale? Quilts sold as finished articles are classified under HSN code 9404 and the GST is 5% or 12% depending on the value of sale.
5. Is GST applicable on handmade quilts under 5811 HSN code? Yes, even if these quilted textile products have been handmade, they still fall under HSN code 5811 and are taxable at 12% GST.
6. What is the HSN code of blankets and their GST rate? Blankets come under HSN code 6301 and their standard rate of GST is 12%, except for those made of jute, which have a GST of 5%.
7. Do electric blankets fall under HSN Code 5811? No, electric blankets fall under HSN Code 6301 and are charged GST at the rate of 12%.
8. Is the GST the same for cotton and synthetic quilts? The GST on quilted fabric falling under 5811 HSN code is equal irrespective of being cotton or synthetic, which is 12%.
9. What do I risk if I select the wrong HSN code for quilted products? There could be problems in registering and paying GST, and even incurring penalties or being audited for taxes owed.
10. What sources of information are available on GST on blankets and comforters? For everything on rates and HSN codes of taxes, GST is active on portals like Swipe Blogs .