GST rate on manmade fishnet twine
GST slab rate for manmade fishnet twine falls under HSN code chapters 54,55,56 of GST commodity tariff schedule. The details about GST rate changes for sale of manmade fishnet twine are being updated here.
Latest GST rate on manmade fishnet twine
HSN number: 54,55,56
manmade fishnet twine
Goods of man-made fibres (including those yarns of two or more monofilaments of Chapter 54) measuring 10,000 decitex or less are classifiable under Chapter 54 or 55 as yarn and attract 18% GST.
Goods of manmade fibres (including those yarns of two or more monofilaments of Chapter 54) measuring more than 10,000 decitex are classifiable under heading 5607 as twine and attract 12% GST.
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