HSN Code 5002: Raw silk (not thrown)
HSN code 5002 classifies raw silk (not thrown) under India's GST system. GST rate: 5%.
GST Rate Breakdown
- GST Rate: 5%
- CGST + SGST (intra-state): 2.5% + 2.5%
- IGST (inter-state): 5%
Rate reflects the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Some items vary by price or type, so confirm the current rate on the official GST portal before invoicing.
The 5% slab covers daily-use items and essentials
The 5% slab covers daily-use items and essentials. Raw silk (not thrown) sits in this bracket, keeping prices low for consumers. Full ITC available.
Sample Calculation for Raw silk (not thrown)
- Taxable value: ₹10,000
- GST (5%): ₹500
- Intra-state: ₹250 CGST + ₹250 SGST
- Inter-state: ₹500 IGST
- Total: ₹10,500
When to Use HSN Code 5002
Use HSN code 5002 on every tax invoice for raw silk (not thrown). Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 5002
What is HSN code 5002?
HSN code 5002 classifies raw silk (not thrown) under India's GST system. The applicable GST rate is 5%.
What is the GST rate for Raw silk (not thrown)?
Raw silk (not thrown) attracts 5% GST. For intra-state sales: 2.5% CGST + 2.5% SGST. For inter-state: 5% IGST.
Is Raw silk (not thrown) exempt from GST?
No. Raw silk (not thrown) attracts 5% GST on every taxable sale.