HSN Code 5503: Synthetic staple fibres (polyester, nylon, acrylic)
HSN code 5503 classifies synthetic staple fibres (polyester, nylon, acrylic) under India's GST system. GST rate: 18%.
GST Rate Breakdown
- GST Rate: 18%
- CGST + SGST (intra-state): 9% + 9%
- IGST (inter-state): 18%
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.
18% is India's standard GST rate applying to the majority of goods and services
18% is India's standard GST rate applying to the majority of goods and services. Synthetic staple fibres (polyester, nylon, acrylic) falls in this bucket. Full ITC available.
Sample Calculation for Synthetic staple fibres (polyester, nylon, acrylic)
- Taxable value: ₹10,000
- GST (18%): ₹1,800
- Intra-state: ₹900 CGST + ₹900 SGST
- Inter-state: ₹1,800 IGST
- Total: ₹11,800
When to Use HSN Code 5503
Use HSN code 5503 on every tax invoice for synthetic staple fibres (polyester, nylon, acrylic). Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 5503
What is HSN code 5503?
HSN code 5503 classifies synthetic staple fibres (polyester, nylon, acrylic) under India's GST system. The applicable GST rate is 18%.
What is the GST rate for Synthetic staple fibres (polyester, nylon, acrylic)?
Synthetic staple fibres (polyester, nylon, acrylic) attracts 18% GST. For intra-state sales: 9% CGST + 9% SGST. For inter-state: 18% IGST.
Is Synthetic staple fibres (polyester, nylon, acrylic) exempt from GST?
No. Synthetic staple fibres (polyester, nylon, acrylic) attracts 18% GST on every taxable sale.