--- title: "HSN Code for Textured Yarn | Of Polyesters | HSN 54023300 GST Rate" description: "Find HSN and GST Rates for 54023300 related to Textured Yarn | Of Polyesters with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-54023300/" --- # HSN Code 54023300: Textured Yarn | Of Polyesters - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 54: Man-made filaments; strip and the like of man-made textile materials](https://busy.in/hsn/chapter-54/) - [Sub-chapter 5402: Synthetic Filament Yarn](https://busy.in/hsn/sub-chapter-5402/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Textured yarn : Of polyesters of Synthetic or artificial filament yarns | 6% | 6% | 12% | 0% | | Textured yarn : Of polyesters | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 54023300 ? It includes Polypropylene filament yarn ### Do e‑way bill and e‑invoice apply for Textured Yarn / Of Polyesters? 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. ### Any common misclassification issue with Textured Yarn / Of Polyesters? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Textured Yarn / Of Polyesters is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Textured Yarn / Of Polyesters; Nil for exempt items if applicable). ### How much GST applies to Textured Yarn / Of Polyesters? Under HSN 54023300, Textured Yarn / Of Polyesters attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Textured Yarn / Of Polyesters? 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. ## India's trade performance: HSN Code 54023300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3,989 Cr (+9.48% YoY) — 0.1084% of India's total exports - Imports: ₹1,188 Cr (+86.70% YoY) — 0.0196% of India's total imports - Trade balance: ₹2,800 Cr (Surplus); surplus rank #129 of 12657 HSN codes - Share of Sub-Chapter 5402: 56.12% of its exports; import side 20.29% - Rank within Sub-Chapter 5402: #1 of 43 by export value; import-side #1 ### Key metrics - Export CAGR: -6.07% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #129 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +81.26% in FY 2021-22 - Contribution to Sub-Ch. 5402: 56.12% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 54023300 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5402 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5402 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 5,809.05 | 0.2542% | — | 67.28% | 120.84 | 0.0034% | — | 3.53% | +5,688.21 | #42 | | FY 2019-20 | 5,070.17 | 0.2303% | −12.72% | 64.62% | 141.59 | 0.0042% | +17.17% | 4.18% | +4,928.58 | #51 | | FY 2020-21 | 3,287.05 | 0.1528% | −35.17% | 56.85% | 156.46 | 0.0054% | +10.50% | 4.44% | +3,130.59 | #92 | | FY 2021-22 | 5,958.10 | 0.1899% | +81.26% | 56.34% | 243.22 | 0.0053% | +55.45% | 3.97% | +5,714.88 | #71 | | FY 2022-23 | 4,225.72 | 0.1167% | −29.08% | 57.76% | 277.26 | 0.0048% | +14.00% | 3.40% | +3,948.46 | #108 | | FY 2023-24 | 3,643.05 | 0.1007% | −13.79% | 54.56% | 636.47 | 0.0113% | +129.56% | 8.69% | +3,006.58 | #136 | | FY 2024-25 | 3,988.53 | 0.1084% | +9.48% | 56.12% | 1,188.31 | 0.0196% | +86.70% | 20.29% | +2,800.22 | #129 | - CAGR (7-year): exports -6.07%/yr, imports 46.37%/yr (consistently Surplus) ## Key trade insights: HSN Code 54023300 export-import analysis ### Export decline: -6.07% CAGR over 7 years India's exports under HSN Code 54023300 have declined at a compound annual rate of -6.07% over 7 fiscal years, falling from ₹5,809.05 Crore in FY 2018-19 to ₹3,988.53 Crore in FY 2024-25. ### HSN Code 54023300 ranked #129 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 54023300 ranks #129 out of 12657 HSN codes by total export value. Within Sub-Chapter 5402, it ranks #1 of 43. By trade surplus, it ranks #129 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 54023300 exports The strongest single-year export movement for HSN Code 54023300 was recorded in FY 2021-22, when exports surged by 81.26% over the prior year. ### India maintains a trade surplus of ₹2,800.22 Crore in HSN Code 54023300 goods In FY 2024-25, India's exports of ₹3,988.53 Cr exceeded imports of ₹1,188.31 Cr, resulting in a trade surplus of ₹2,800.22 Crore — ranking #129 of 12657 by surplus magnitude. ### Import growth of 46.37% CAGR signals rising demand for Textured Yarn | Of Polyesters India's imports under HSN Code 54023300 have grown at 46.37% CAGR, reaching ₹1,188.31 Crore in FY 2024-25. ### HSN Code 54023300 contributes 56.12% of Sub-Chapter 5402 exports — ranked #1 Among the 43 HSN codes under Sub-Chapter 5402, HSN Code 54023300 ranks #1 by export value — accounting for 56.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 20.29% share (rank #1). ## Related HSN Codes in Sub-Chapter 5402 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 54023300: Textured Yarn \| Of Polyesters (this hsn code) | ₹3,989 Cr | | #2 | [HSN Code 54026200: Polyesters multiple yarns0](https://busy.in/hsn/hsn-54026200/) | ₹1,141 Cr | | #3 | [HSN Code 54024600: Partially Oriented Polyester Yarn](https://busy.in/hsn/hsn-54024600/) | ₹691 Cr | | #4 | [HSN Code 54024400: Elastomeric Yarn (Untwisted/≤50 TPM, Single)](https://busy.in/hsn/hsn-54024400/) | ₹273 Cr | | #5 | [HSN Code 54026100: Other yarn, multiple (folded) or cabled : Of nylon or other polyamides](https://busy.in/hsn/hsn-54026100/) | ₹138 Cr | | #6 | [HSN Code 54025290: Other Polyester Yarn (>50 TPM Twist, Single)](https://busy.in/hsn/hsn-54025290/) | ₹101 Cr | | #7 | [HSN Code 54024800: Synthetic Fibers for Textile Use](https://busy.in/hsn/hsn-54024800/) | ₹93 Cr | | #8 | [HSN Code 54021910: Nylon or Polyamide Tyre Yarn: High Tenacity](https://busy.in/hsn/hsn-54021910/) | ₹90 Cr | | #9 | [HSN Code 54023200: Textured Nylon/Polyamide Yarn (>50 tex Single)](https://busy.in/hsn/hsn-54023200/) | ₹84 Cr | | #10 | [HSN Code 54022090: Herrings, Anchovies, Sardines, Swordfish](https://busy.in/hsn/hsn-54022090/) | ₹72 Cr |