--- title: "HSN Code for Viscose rayon yarn | HSN 54034190 GST Rate" description: "Find HSN and GST Rates for 54034190 related to Viscose rayon yarn with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-54034190/" --- # HSN Code 54034190: Viscose rayon yarn - [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 | | --- | --- | --- | --- | --- | | Other yarn, multiple (folded) or cabled : Of viscose rayon : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 54034190 ? It includes Filament Yarn of Polynosic Rayon ### Can we claim ITC on inputs used to trade Viscose rayon yarn? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Viscose rayon yarn? 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 Viscose rayon yarn? 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 Viscose rayon yarn? Under HSN 54034190, Viscose rayon yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Viscose rayon yarn? 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 Viscose rayon yarn 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; Nil for exempt items if applicable). ## India's trade performance: HSN Code 54034190 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹16 Cr (+292.59% YoY) — 0.0004% of India's total exports - Imports: ₹4 Cr (+147.30% YoY) — 0.0001% of India's total imports - Trade balance: ₹12 Cr (Surplus); surplus rank #3196 of 12657 HSN codes - Share of Sub-Chapter 5403: 3.59% of its exports; import side 0.11% - Rank within Sub-Chapter 5403: #4 of 31 by export value; import-side #9 ### Key metrics - Export CAGR: 18.23% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5167 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +292.59% in FY 2024-25 - Contribution to Sub-Ch. 5403: 3.59% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 54034190 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 | 5.82 | 0.0003% | — | 1.70% | < ₹1 Crore | 0.0000% | — | 0.02% | +5.59 | #5677 | | FY 2019-20 | 8.03 | 0.0004% | +37.97% | 3.13% | < ₹1 Crore | 0.0000% | −86.96% | 0.00% | +8.00 | #5283 | | FY 2020-21 | 6.10 | 0.0003% | −24.03% | 3.31% | < ₹1 Crore | 0.0000% | +366.67% | 0.01% | +5.96 | #5687 | | FY 2021-22 | 8.68 | 0.0003% | +42.30% | 3.46% | < ₹1 Crore | 0.0000% | −78.57% | 0.00% | +8.65 | #5677 | | FY 2022-23 | 5.08 | 0.0001% | −41.47% | 1.46% | < ₹1 Crore | 0.0000% | +2,000.00% | 0.02% | +4.45 | #6442 | | FY 2023-24 | 4.05 | 0.0001% | −20.28% | 1.15% | 1.48 | 0.0000% | +134.92% | 0.04% | +2.57 | #6824 | | FY 2024-25 | 15.90 | 0.0004% | +292.59% | 3.59% | 3.66 | 0.0001% | +147.30% | 0.11% | +12.24 | #5167 | - CAGR (7-year): exports 18.23%/yr, imports 58.60%/yr (consistently Surplus) ## Key trade insights: HSN Code 54034190 export-import analysis ### Consistent export growth: 18.23% CAGR over 7 years India's exports under HSN Code 54034190 have grown at a compound annual rate of 18.23% over 7 fiscal years, rising from ₹5.82 Crore in FY 2018-19 to ₹15.90 Crore in FY 2024-25. ### HSN Code 54034190 ranked #5167 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 54034190 ranks #5167 out of 12657 HSN codes by total export value. Within Sub-Chapter 5403, it ranks #4 of 31. By trade surplus, it ranks #3196 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 54034190 exports The strongest single-year export movement for HSN Code 54034190 was recorded in FY 2024-25, when exports surged by 292.59% over the prior year. ### India maintains a trade surplus of ₹12.24 Crore in HSN Code 54034190 goods In FY 2024-25, India's exports of ₹15.90 Cr exceeded imports of ₹3.66 Cr, resulting in a trade surplus of ₹12.24 Crore — ranking #3196 of 12657 by surplus magnitude. ### Import growth of 58.60% CAGR signals rising demand for Viscose rayon yarn India's imports under HSN Code 54034190 have grown at 58.60% CAGR, reaching ₹3.66 Crore in FY 2024-25. ### HSN Code 54034190 contributes 3.59% of Sub-Chapter 5403 exports — ranked #4 Among the 31 HSN codes under Sub-Chapter 5403, HSN Code 54034190 ranks #4 by export value — accounting for 3.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #9). ## 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](https://busy.in/hsn/hsn-54031020/) | ₹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 (this hsn code) | ₹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 |