HSN Code 54031020: Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex

HSN Code 54031020 represents Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex under GST classification. This code helps businesses identify Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex correctly for billing, taxation, and trade. With HSN Code 54031020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex.

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Description of Goods for HSN Code 54031020

HSN Code 54031020 relates to the following description.

Description of Goods

High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,833 decitex(Synthetic or artificial filament yarns)

Chapter

54 - Man-made filaments; strip and the like of man-made textile materials

Sub Chapter

5403 - Artificial filament yarn (other than sewing thread), not put for retail sale, including artificial mono filament of less than 67 decitex

CGST

6%

SGST

6%

IGST

12%

CESS

0%

Description of Goods

High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,833 decitex

Chapter

54 - Man-made filaments; strip and the like of man-made textile materials

Sub Chapter

5403 - Artificial filament yarn (other than sewing thread), not put for retail sale, including artificial mono filament of less than 67 decitex

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 54031020 not include?

Viscose Rayon Yarn: High Tenacity Tyre Yarn, 1,833 Decitex does not include products with the following descriptions.

High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,233 decitex(Synthetic or artificial filament yarns)

High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,233 decitex

Artificial filament yarn (other than sewing thread), not put for retail sale, including artificial mono filament of less than 67 decitex textured yarn :

Other yarn, single : Of viscose rayon, untwisted or with a twist not exceeding 120 turns per metre(Synthetic or artificial filament yarns)

Other yarn, single : Of viscose rayon, untwisted or with a twist not exceeding 120 turns per metre

Other yarn, single : Of viscose rayon, with a twist exceeding 120 turns per metre(Synthetic or artificial filament yarns)

Other yarn, single : Of viscose rayon, with a twist exceeding 120 turns per metre

Other yarn, single : Of cellulose acetate(Synthetic or artificial filament yarns)

Other yarn, single : Other : Cuprammonium rayon(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Up to 67 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Up to 67 decitex

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 83 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 111 decitex, bright(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 111 decitex, bright

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 111 decitex, dull(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 111 decitex, dull

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 133 decitex, bright(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 133 decitex, bright

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 133 decitex, dull(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 133 decitex, dull

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 167 decitex, bright(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 167 decitex, bright

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 167 decitex, dull(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of viscose rayon : Of 167 decitex, dull

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 83 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 83 decitex

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 111 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 111 decitex

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 133 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 133 decitex

Other yarn, multiple (folded) or cabled : Of cellulose acetate :Acetate rayon filament yarn, 167 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of cellulose acetate :Acetate rayon filament yarn, 167 decitex

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 333 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Of cellulose acetate : Acetate rayon filament yarn, 333 decitex

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 33 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 33 decitex

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 44 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 44 decitex

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 67 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 67 decitex

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 83 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 83 decitex

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 89 decitex(Synthetic or artificial filament yarns)

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Of 89 decitex

Other yarn, multiple (folded) or cabled : Other : Cuprammonium filament yarn : Other

India’s Trade Performance — HSN Code 54031020 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹128 Cr

+99.11% vs FY 2023-24

0.0035% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹128 Cr

Trade Surplus

Surplus rank #1437 of 12657 HSN codes

% of Sub-Chapter 5403

FY 2024-25

28.83%

Share of Sub-Chapter 5403’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 5403’s imports

Rank Within Sub-Chapter 5403

FY 2024-25

#2 of 31

Position by export value among HSN codes in Sub-Chapter 5403

Import-side rank: #16 of 31

At a glance

1.42%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2366

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+121.69%

Peak Growth Year

FY 2021-22 · strongest single-year move

28.83%

Contribution to Sub-Ch. 5403

Share of Sub-Chapter 5403 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1833

Balance

+117.34

Exports

117.34 ₹ Cr

0.0051% share

YoY

34.23% of Sub-Ch. 5403

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5403

FY 2019-20 Exp. Rank #2791

Balance

+53.08

Exports

53.08 ₹ Cr

0.0024% share

−54.76% YoY

20.67% of Sub-Ch. 5403

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5403

FY 2020-21 Exp. Rank #3836

Balance

+26.28

Exports

26.28 ₹ Cr

0.0012% share

−50.49% YoY

14.24% of Sub-Ch. 5403

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5403

FY 2021-22 Exp. Rank #3154

Balance

+58.26

Exports

58.26 ₹ Cr

0.0019% share

+121.69% YoY

23.21% of Sub-Ch. 5403

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5403

FY 2022-23 Exp. Rank #3203

Balance

+60.82

Exports

61.07 ₹ Cr

0.0017% share

+4.82% YoY

17.56% of Sub-Ch. 5403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 5403

FY 2023-24 Exp. Rank #3193

Balance

+64.15

Exports

64.15 ₹ Cr

0.0018% share

+5.04% YoY

18.25% of Sub-Ch. 5403

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5403

FY 2024-25 Exp. Rank #2366

Balance

+127.62

Exports

127.73 ₹ Cr

0.0035% share

+99.11% YoY

28.83% of Sub-Ch. 5403

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5403

CAGR · 7-Year

Exports

1.42% /yr

Imports

Consistently Surplus
Sub-Chapter 5403 total

reference, FY 2024-25

Export

₹443.09 Cr

Import

₹3,435.38 Cr

Trade Balance

−2,992.29

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 54031020 and GST compliance.

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).

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.