--- title: "HSN Code for Textured Yarn | Other | HSN 54023990 GST Rate" description: "Find HSN and GST Rates for 54023990 related to Textured Yarn | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-54023990/" --- # HSN Code 54023990: Textured Yarn | Other - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 54023990 ? It includes Nylon Yarn ### Does packaging or labelling change the GST for Textured Yarn / Other? 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. ### Can we claim ITC on inputs used to trade Textured Yarn / Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Textured Yarn / Other? Under HSN 54023990, Textured Yarn / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Textured Yarn / Other? 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 / Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 54023990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹49 Cr (+6.24% YoY) — 0.0013% of India's total exports - Imports: ₹9 Cr (−11.02% YoY) — 0.0001% of India's total imports - Trade balance: ₹40 Cr (Surplus); surplus rank #2321 of 12657 HSN codes - Share of Sub-Chapter 5402: 0.68% of its exports; import side 0.15% - Rank within Sub-Chapter 5402: #13 of 43 by export value; import-side #24 ### Key metrics - Export CAGR: 96.71% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3663 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +678.11% in FY 2022-23 - Contribution to Sub-Ch. 5402: 0.68% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 54023990 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% | — | 0.01% | 8.40 | 0.0002% | — | 0.25% | −7.56 | #7774 | | FY 2019-20 | 1.59 | 0.0001% | +89.29% | 0.02% | 11.60 | 0.0003% | +38.10% | 0.34% | −10.01 | #7161 | | FY 2020-21 | 2.20 | 0.0001% | +38.36% | 0.04% | 8.24 | 0.0003% | −28.97% | 0.23% | −6.04 | #6873 | | FY 2021-22 | 2.97 | 0.0001% | +35.00% | 0.03% | 9.52 | 0.0002% | +15.53% | 0.16% | −6.55 | #6910 | | FY 2022-23 | 23.11 | 0.0006% | +678.11% | 0.32% | 8.00 | 0.0001% | −15.97% | 0.10% | +15.11 | #4508 | | FY 2023-24 | 45.81 | 0.0013% | +98.23% | 0.69% | 9.71 | 0.0002% | +21.38% | 0.13% | +36.10 | #3667 | | FY 2024-25 | 48.67 | 0.0013% | +6.24% | 0.68% | 8.64 | 0.0001% | −11.02% | 0.15% | +40.03 | #3663 | - CAGR (7-year): exports 96.71%/yr, imports 0.47%/yr (consistently Surplus) ## Key trade insights: HSN Code 54023990 export-import analysis ### Consistent export growth: 96.71% CAGR over 7 years India's exports under HSN Code 54023990 have grown at a compound annual rate of 96.71% over 7 fiscal years, rising from ₹0.84 Crore in FY 2018-19 to ₹48.67 Crore in FY 2024-25. ### HSN Code 54023990 ranked #3663 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 54023990 ranks #3663 out of 12657 HSN codes by total export value. Within Sub-Chapter 5402, it ranks #13 of 43. By trade surplus, it ranks #2321 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 54023990 exports The strongest single-year export movement for HSN Code 54023990 was recorded in FY 2022-23, when exports surged by 678.11% over the prior year. ### India maintains a trade surplus of ₹40.03 Crore in HSN Code 54023990 goods In FY 2024-25, India's exports of ₹48.67 Cr exceeded imports of ₹8.64 Cr, resulting in a trade surplus of ₹40.03 Crore — ranking #2321 of 12657 by surplus magnitude. ### Import growth of 0.47% CAGR signals stable import dependency for Textured Yarn | Other India's imports under HSN Code 54023990 have grown at 0.47% CAGR, reaching ₹8.64 Crore in FY 2024-25. ### HSN Code 54023990 contributes 0.68% of Sub-Chapter 5402 exports — ranked #13 Among the 43 HSN codes under Sub-Chapter 5402, HSN Code 54023990 ranks #13 by export value — accounting for 0.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #24). ## 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 | | #13 | HSN Code 54023990: Textured Yarn \| Other (this hsn code) | ₹49 Cr |