---
title: "HSN Code for Other multiple yarns | HSN 54034990 GST Rate"
description: "Find HSN and GST Rates for 54034990 related to Other multiple yarns with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-54034990/"
---

# HSN Code 54034990: Other multiple yarns

- [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 : Other : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 54034990 ?

It includes Monofilament: Other, of polypropylene0

### Any common misclassification issue with Other multiple yarns?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Does packaging or labelling change the GST for Other multiple yarns?

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.

### How should mixed supplies be billed when Other multiple yarns is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other multiple yarns; Nil for exempt items if applicable).

### How much GST applies to Other multiple yarns?

Under HSN 54034990, Other multiple yarns attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Other multiple yarns?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Do e‑way bill and e‑invoice apply for Other multiple yarns?

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.

## India's trade performance: HSN Code 54034990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−40.00% YoY) — 0.0000% of India's total exports
- Imports: ₹7 Cr (−51.79% YoY) — 0.0001% of India's total imports
- Trade balance: −₹7 Cr (Deficit); surplus rank #8848 of 12657 HSN codes
- Share of Sub-Chapter 5403: 0.01% of its exports; import side 0.21%
- Rank within Sub-Chapter 5403: #10 of 31 by export value; import-side #8

### Key metrics

- Export CAGR: -52.22% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #10193 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +275.00% in FY 2020-21
- Contribution to Sub-Ch. 5403: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 54034990

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 | 2.52 | 0.0001% | — | 0.74% | 3.18 | 0.0001% | — | 0.27% | −0.66 | #6688 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −95.24% | 0.05% | 3.14 | 0.0001% | −1.26% | 0.20% | −3.02 | #9094 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +275.00% | 0.24% | 7.59 | 0.0003% | +141.72% | 0.57% | −7.14 | #8314 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −2.22% | 0.18% | 10.93 | 0.0002% | +44.01% | 0.48% | −10.49 | #8658 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +11.36% | 0.14% | 15.13 | 0.0003% | +38.43% | 0.46% | −14.64 | #8693 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −89.80% | 0.01% | 15.12 | 0.0003% | −0.07% | 0.44% | −15.07 | #10057 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −40.00% | 0.01% | 7.29 | 0.0001% | −51.79% | 0.21% | −7.26 | #10193 |

- CAGR (7-year): exports -52.22%/yr, imports 14.83%/yr (consistently Deficit)

## Key trade insights: HSN Code 54034990 export-import analysis

### Export decline: -52.22% CAGR over 7 years

India's exports under HSN Code 54034990 have declined at a compound annual rate of -52.22% over 7 fiscal years, falling from ₹2.52 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

### HSN Code 54034990 ranked #10193 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 54034990 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 5403, it ranks #10 of 31. By trade surplus, it ranks #8848 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 54034990 exports

The strongest single-year export movement for HSN Code 54034990 was recorded in FY 2020-21, when exports surged by 275.00% over the prior year.

### India records a trade deficit of ₹7.26 Crore in HSN Code 54034990 goods

In FY 2024-25, India's imports of ₹7.29 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹7.26 Crore — ranking #8848 of 12657 by surplus magnitude.

### Import growth of 14.83% CAGR signals rising demand for Other multiple yarns

India's imports under HSN Code 54034990 have grown at 14.83% CAGR, reaching ₹7.29 Crore in FY 2024-25.

### HSN Code 54034990 contributes 0.01% of Sub-Chapter 5403 exports — ranked #10

Among the 31 HSN codes under Sub-Chapter 5403, HSN Code 54034990 ranks #10 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.21% share (rank #8).

## 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](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 |
| #10 | HSN Code 54034990: Other multiple yarns (this hsn code) | < ₹1 Crore |