--- title: "HSN Code for Textured yarn: Acrylic filament | HSN 54023920 GST Rate" description: "Find HSN and GST Rates for 54023920 related to Textured yarn: Acrylic filament with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-54023920/" --- # HSN Code 54023920: Textured yarn: Acrylic filament - [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 : Other : Acrylic filament yarn, synthetic or artificial | 6% | 6% | 12% | 0% | | Textured yarn : Other : Acrylic filament yarn, others | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 54023920 ? It includes Elastomeric Yarn (Untwisted/≤50 TPM, Single) ### How should mixed supplies be billed when Textured yarn: Acrylic filament is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Textured yarn: Acrylic filament; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Textured yarn: Acrylic filament? 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 Textured yarn: Acrylic filament? 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 Textured yarn: Acrylic filament? Under HSN 54023920, Textured yarn: Acrylic filament attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Textured yarn: Acrylic filament? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Textured yarn: Acrylic filament? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 54023920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (0.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7219 of 12657 HSN codes - Share of Sub-Chapter 5402: 0.00% of its exports; import side 0.00% - Rank within Sub-Chapter 5402: #27 of 43 by export value; import-side #32 ### Key metrics - Export CAGR: -20.63% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +275.00% in FY 2021-22 - Contribution to Sub-Ch. 5402: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 54023920 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 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.04 | #9577 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.06 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −66.67% | 0.00% | +0.06 | #9338 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +275.00% | 0.00% | < ₹1 Crore | 0.0000% | +400.00% | 0.00% | +0.20 | #8939 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +220.00% | 0.01% | < ₹1 Crore | 0.0000% | −90.00% | 0.00% | +0.95 | #8129 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −98.96% | 0.00% | Nil | 0.0000% | −100.00% | 0.00% | +0.01 | #10473 | | FY 2024-25 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.03 | #10437 | - CAGR (7-year): exports -20.63%/yr, imports —/yr (consistently Deficit) ## Key trade insights: HSN Code 54023920 export-import analysis ### Export decline: -20.63% CAGR over 7 years India's exports under HSN Code 54023920 have declined at a compound annual rate of -20.63% over 7 fiscal years, falling from ₹0.04 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25. ### HSN Code 54023920 ranked #10437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 54023920 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 5402, it ranks #27 of 43. By trade surplus, it ranks #7219 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 54023920 exports The strongest single-year export movement for HSN Code 54023920 was recorded in FY 2021-22, when exports surged by 275.00% over the prior year. ### India records a trade deficit of ₹0.03 Crore in HSN Code 54023920 goods In FY 2024-25, India's imports of ₹0.04 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹0.03 Crore — ranking #7219 of 12657 by surplus magnitude. ### HSN Code 54023920 contributes 0.00% of Sub-Chapter 5402 exports — ranked #27 Among the 43 HSN codes under Sub-Chapter 5402, HSN Code 54023920 ranks #27 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #32). ## 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](https://busy.in/hsn/hsn-54023300/) | ₹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 | | #27 | HSN Code 54023920: Textured yarn: Acrylic filament (this hsn code) | < ₹1 Crore |