HSN Code 54012000: Of Artificial Filaments
HSN Code 54012000 represents Of Artificial Filaments under GST classification. This code helps businesses identify Of Artificial Filaments correctly for billing, taxation, and trade. With HSN Code 54012000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Artificial Filaments.
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Description of Goods for HSN Code 54012000
HSN Code 54012000 relates to the following description.
What does HSN Code 54012000 not include?
Of Artificial Filaments does not include products with the following descriptions.
Of synthetic filaments
Of synthetic filaments
India’s Trade Performance — HSN Code 54012000 in FY 2024-25
India’s Exports
FY 2024-25₹5 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹18 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25−₹13 Cr
Surplus rank #9262 of 12657 HSN codes
% of Sub-Chapter 5401
FY 2024-253.57%
Share of Sub-Chapter 5401’s total exports in FY 2024-25
Import side: 16.72% of Sub-Chapter 5401’s imports
Rank Within Sub-Chapter 5401
FY 2024-25#2 of 2
Position by export value among HSN codes in Sub-Chapter 5401
Import-side rank: #2 of 2
At a glance
6.21%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6591
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+123.14%
Peak Growth Year
FY 2021-22 · strongest single-year move
3.57%
Contribution to Sub-Ch. 5401
Share of Sub-Chapter 5401 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 54012000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−35.12
Exports
3.56 ₹ Cr
0.0002% share
— YoY
4.04% of Sub-Ch. 5401
Imports
38.68 ₹ Cr
0.0011% share
— YoY
47.89% of Sub-Ch. 5401
Balance
−36.01
Exports
3.54 ₹ Cr
0.0002% share
−0.56% YoY
4.48% of Sub-Ch. 5401
Imports
39.55 ₹ Cr
0.0012% share
+2.25% YoY
48.89% of Sub-Ch. 5401
Balance
−9.74
Exports
2.42 ₹ Cr
0.0001% share
−31.64% YoY
3.52% of Sub-Ch. 5401
Imports
12.16 ₹ Cr
0.0004% share
−69.25% YoY
19.91% of Sub-Ch. 5401
Balance
−13.83
Exports
5.40 ₹ Cr
0.0002% share
+123.14% YoY
5.27% of Sub-Ch. 5401
Imports
19.23 ₹ Cr
0.0004% share
+58.14% YoY
20.35% of Sub-Ch. 5401
Balance
−14.41
Exports
7.69 ₹ Cr
0.0002% share
+42.41% YoY
7.15% of Sub-Ch. 5401
Imports
22.10 ₹ Cr
0.0004% share
+14.92% YoY
17.80% of Sub-Ch. 5401
Balance
−11.46
Exports
8.95 ₹ Cr
0.0002% share
+16.38% YoY
7.18% of Sub-Ch. 5401
Imports
20.41 ₹ Cr
0.0004% share
−7.65% YoY
18.73% of Sub-Ch. 5401
Balance
−13.16
Exports
5.11 ₹ Cr
0.0001% share
−42.91% YoY
3.57% of Sub-Ch. 5401
Imports
18.27 ₹ Cr
0.0003% share
−10.49% YoY
16.72% of Sub-Ch. 5401
CAGR · 7-Year
Exports
6.21% /yr
Imports
−11.75% /yr
reference, FY 2024-25
Export
₹143.32 Cr
Import
₹109.30 Cr
Trade Balance
+34.02
Key Trade Insights: HSN Code 54012000 Export-Import Analysis
Consistent Export Growth: 6.21% CAGR Over 7 Years
India's exports under HSN Code 54012000 have grown at a compound annual rate of 6.21% over 7 fiscal years, rising from ₹3.56 Crore in FY 2018-19 to ₹5.11 Crore in FY 2024-25.
HSN Code 54012000 Ranked #6591 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 54012000 ranks #6591 out of 12657 HSN codes by total export value. Within Sub-Chapter 5401, it ranks #2 of 2. By trade surplus, it ranks #9262 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 54012000 Exports
The strongest single-year export movement for HSN Code 54012000 was recorded in FY 2021-22, when exports surged by 123.14% over the prior year.
India Records a Trade Deficit of ₹13.16 Crore in HSN Code 54012000 Goods
In FY 2024-25, India's imports of ₹18.27 Cr exceeded exports of ₹5.11 Cr, resulting in a trade deficit of ₹13.16 Crore — ranking #9262 of 12657 by surplus magnitude.
Import Growth of −11.75% CAGR Signals Stable Import Dependency for Of Artificial Filaments
India's imports under HSN Code 54012000 have grown at −11.75% CAGR, reaching ₹18.27 Crore in FY 2024-25.
HSN Code 54012000 Contributes 3.57% of Sub-Chapter 5401 Exports — Ranked #2
Among the 2 HSN codes under Sub-Chapter 5401, HSN Code 54012000 ranks #2 by export value — accounting for 3.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.72% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 54012000 and GST compliance.
What products are classified under HSN 54012000 ?
It includes Nylon or Polyamide Tyre Yarn: High Tenacity
Can we claim ITC on inputs used to trade Of Artificial Filaments?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Of Artificial Filaments is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Artificial Filaments; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Of Artificial 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.
Do e‑way bill and e‑invoice apply for Of Artificial 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.
How much GST applies to Of Artificial Filaments?
Under HSN 54012000, Of Artificial Filaments attracts Varies when sold in taxable form. Describe the exact form on the invoice.