HSN Code 54011000: Of synthetic filaments
HSN Code 54011000 represents Of synthetic filaments under GST classification. This code helps businesses identify Of synthetic filaments correctly for billing, taxation, and trade. With HSN Code 54011000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of synthetic filaments.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 54011000
HSN Code 54011000 relates to the following description.
What does HSN Code 54011000 not include?
Of synthetic filaments does not include products with the following descriptions.
Of artificial filaments
Of artificial filaments
India’s Trade Performance — HSN Code 54011000 in FY 2024-25
India’s Exports
FY 2024-25₹138 Cr
0.0038% of India’s total exports
India’s Imports
FY 2024-25₹91 Cr
0.0015% of India’s total imports
Trade Balance
FY 2024-25₹47 Cr
Surplus rank #2211 of 12657 HSN codes
% of Sub-Chapter 5401
FY 2024-2596.44%
Share of Sub-Chapter 5401’s total exports in FY 2024-25
Import side: 83.28% of Sub-Chapter 5401’s imports
Rank Within Sub-Chapter 5401
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 5401
Import-side rank: #1 of 2
At a glance
8.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2258
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+46.29%
Peak Growth Year
FY 2021-22 · strongest single-year move
96.44%
Contribution to Sub-Ch. 5401
Share of Sub-Chapter 5401 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 54011000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+42.40
Exports
84.49 ₹ Cr
0.0037% share
— YoY
95.96% of Sub-Ch. 5401
Imports
42.09 ₹ Cr
0.0012% share
— YoY
52.11% of Sub-Ch. 5401
Balance
+34.08
Exports
75.42 ₹ Cr
0.0034% share
−10.74% YoY
95.53% of Sub-Ch. 5401
Imports
41.34 ₹ Cr
0.0012% share
−1.78% YoY
51.11% of Sub-Ch. 5401
Balance
+17.49
Exports
66.39 ₹ Cr
0.0031% share
−11.97% YoY
96.50% of Sub-Ch. 5401
Imports
48.90 ₹ Cr
0.0017% share
+18.29% YoY
80.09% of Sub-Ch. 5401
Balance
+21.84
Exports
97.12 ₹ Cr
0.0031% share
+46.29% YoY
94.73% of Sub-Ch. 5401
Imports
75.28 ₹ Cr
0.0016% share
+53.95% YoY
79.65% of Sub-Ch. 5401
Balance
−2.10
Exports
99.94 ₹ Cr
0.0028% share
+2.90% YoY
92.86% of Sub-Ch. 5401
Imports
102.04 ₹ Cr
0.0018% share
+35.55% YoY
82.20% of Sub-Ch. 5401
Balance
+27.14
Exports
115.69 ₹ Cr
0.0032% share
+15.76% YoY
92.82% of Sub-Ch. 5401
Imports
88.55 ₹ Cr
0.0016% share
−13.22% YoY
81.27% of Sub-Ch. 5401
Balance
+47.20
Exports
138.22 ₹ Cr
0.0038% share
+19.47% YoY
96.44% of Sub-Ch. 5401
Imports
91.02 ₹ Cr
0.0015% share
+2.79% YoY
83.28% of Sub-Ch. 5401
CAGR · 7-Year
Exports
8.55% /yr
Imports
13.72% /yr
reference, FY 2024-25
Export
₹143.32 Cr
Import
₹109.30 Cr
Trade Balance
+34.02
Key Trade Insights: HSN Code 54011000 Export-Import Analysis
Consistent Export Growth: 8.55% CAGR Over 7 Years
India's exports under HSN Code 54011000 have grown at a compound annual rate of 8.55% over 7 fiscal years, rising from ₹84.49 Crore in FY 2018-19 to ₹138.22 Crore in FY 2024-25.
HSN Code 54011000 Ranked #2258 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 54011000 ranks #2258 out of 12657 HSN codes by total export value. Within Sub-Chapter 5401, it ranks #1 of 2. By trade surplus, it ranks #2211 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 54011000 Exports
The strongest single-year export movement for HSN Code 54011000 was recorded in FY 2021-22, when exports surged by 46.29% over the prior year.
India Maintains a Trade Surplus of ₹47.20 Crore in HSN Code 54011000 Goods
In FY 2024-25, India's exports of ₹138.22 Cr exceeded imports of ₹91.02 Cr, resulting in a trade surplus of ₹47.20 Crore — ranking #2211 of 12657 by surplus magnitude.
Import Growth of 13.72% CAGR Signals Rising Demand for Of synthetic filaments
India's imports under HSN Code 54011000 have grown at 13.72% CAGR, reaching ₹91.02 Crore in FY 2024-25.
HSN Code 54011000 Contributes 96.44% of Sub-Chapter 5401 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 5401, HSN Code 54011000 ranks #1 by export value — accounting for 96.44% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 83.28% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 54011000 and GST compliance.
What products are classified under HSN 54011000 ?
It includes High tenacity nylon yarn
How much GST applies to Of synthetic filaments?
Under HSN 54011000, Of synthetic filaments attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Of synthetic filaments?
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
How should mixed supplies be billed when Of synthetic filaments is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of synthetic filaments; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Of synthetic filaments?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Can we claim ITC on inputs used to trade Of synthetic filaments?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.