--- title: "HSN Code for Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex | HSN 54031020 GST Rate" description: "Find HSN and GST Rates for 54031020 related to Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-54031020/" --- # HSN Code 54031020: Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex - [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 5403: Artificial Filament Yarn](https://busy.in/hsn/sub-chapter-5403/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,833 decitex(Synthetic or artificial filament yarns) | 6% | 6% | 12% | 0% | | High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,833 decitex | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 54031020 ? It includes Viscose Filament Yarn (Untwisted/≤120 TPM, Single) ### How much GST applies to Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex? Under HSN 54031020, Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex? 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 Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex? 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 Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex? 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 Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex; Nil for exempt items if applicable). ## India's trade performance: HSN Code 54031020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹128 Cr (+99.11% YoY) — 0.0035% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹128 Cr (Surplus); surplus rank #1437 of 12657 HSN codes - Share of Sub-Chapter 5403: 28.83% of its exports; import side 0.00% - Rank within Sub-Chapter 5403: #2 of 31 by export value; import-side #16 ### Key metrics - Export CAGR: 1.42% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2366 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +121.69% in FY 2021-22 - Contribution to Sub-Ch. 5403: 28.83% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 54031020 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. 5403 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5403 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 117.34 | 0.0051% | — | 34.23% | Nil | 0.0000% | — | 0.00% | +117.34 | #1833 | | FY 2019-20 | 53.08 | 0.0024% | −54.76% | 20.67% | Nil | 0.0000% | — | 0.00% | +53.08 | #2791 | | FY 2020-21 | 26.28 | 0.0012% | −50.49% | 14.24% | Nil | 0.0000% | — | 0.00% | +26.28 | #3836 | | FY 2021-22 | 58.26 | 0.0019% | +121.69% | 23.21% | Nil | 0.0000% | — | 0.00% | +58.26 | #3154 | | FY 2022-23 | 61.07 | 0.0017% | +4.82% | 17.56% | < ₹1 Crore | 0.0000% | — | 0.01% | +60.82 | #3203 | | FY 2023-24 | 64.15 | 0.0018% | +5.04% | 18.25% | Nil | 0.0000% | −100.00% | 0.00% | +64.15 | #3193 | | FY 2024-25 | 127.73 | 0.0035% | +99.11% | 28.83% | < ₹1 Crore | 0.0000% | — | 0.00% | +127.62 | #2366 | - CAGR (7-year): exports 1.42%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 54031020 export-import analysis ### Consistent export growth: 1.42% CAGR over 7 years India's exports under HSN Code 54031020 have grown at a compound annual rate of 1.42% over 7 fiscal years, rising from ₹117.34 Crore in FY 2018-19 to ₹127.73 Crore in FY 2024-25. ### HSN Code 54031020 ranked #2366 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 54031020 ranks #2366 out of 12657 HSN codes by total export value. Within Sub-Chapter 5403, it ranks #2 of 31. By trade surplus, it ranks #1437 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 54031020 exports The strongest single-year export movement for HSN Code 54031020 was recorded in FY 2021-22, when exports surged by 121.69% over the prior year. ### India maintains a trade surplus of ₹127.62 Crore in HSN Code 54031020 goods In FY 2024-25, India's exports of ₹127.73 Cr exceeded imports of ₹0.11 Cr, resulting in a trade surplus of ₹127.62 Crore — ranking #1437 of 12657 by surplus magnitude. ### HSN Code 54031020 contributes 28.83% of Sub-Chapter 5403 exports — ranked #2 Among the 31 HSN codes under Sub-Chapter 5403, HSN Code 54031020 ranks #2 by export value — accounting for 28.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #16). ## Related HSN Codes in Sub-Chapter 5403 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 54033100: Viscose Filament Yarn (Untwisted/≤120 TPM, Single)](https://busy.in/hsn/hsn-54033100/) | ₹193 Cr | | #2 | HSN Code 54031020: Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex (this hsn code) | ₹128 Cr | | #3 | [HSN Code 54031090: High tenacity yarn of viscose rayon : Other](https://busy.in/hsn/hsn-54031090/) | ₹91 Cr | | #4 | [HSN Code 54034190: Viscose rayon yarn](https://busy.in/hsn/hsn-54034190/) | ₹16 Cr | | #5 | [HSN Code 54033200: Viscose Filament Yarn (>120 TPM Twist, Single)](https://busy.in/hsn/hsn-54033200/) | ₹13 Cr | | #6 | [HSN Code 54033300: Yarn, Single\| Cellulose Acetate](https://busy.in/hsn/hsn-54033300/) | ₹3 Cr | | #7 | [HSN Code 54034120: Multiple (Folded) or Cabled Viscose Rayon Yarn of 83 Decitex](https://busy.in/hsn/hsn-54034120/) | < ₹1 Crore | | #8 | [HSN Code 54031010: Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,233 Decitex](https://busy.in/hsn/hsn-54031010/) | < ₹1 Crore | | #9 | [HSN Code 54033990: Other Yarn, Single \| Other](https://busy.in/hsn/hsn-54033990/) | < ₹1 Crore | | #10 | [HSN Code 54034170: Viscose Filament Yarn (167 Decitex, Bright, Multiple)](https://busy.in/hsn/hsn-54034170/) | < ₹1 Crore |