HSN Code 54034990: Other multiple yarns

HSN Code 54034990 represents Other multiple yarns under GST classification. This code helps businesses identify Other multiple yarns correctly for billing, taxation, and trade. With HSN Code 54034990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other multiple yarns.

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Description of Goods for HSN Code 54034990

HSN Code 54034990 relates to the following description.

Description of Goods

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

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 54034990 not include?

Other multiple yarns 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

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

High tenacity yarn of viscose rayon : Viscose rayon tyre yarn – 1,833 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 54034990 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

< ₹1 Crore

−40.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹7 Cr

−51.79% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹7 Cr

Trade Deficit

Surplus rank #8848 of 12657 HSN codes

% of Sub-Chapter 5403

FY 2024-25

0.01%

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

Import side: 0.21% of Sub-Chapter 5403’s imports

Rank Within Sub-Chapter 5403

FY 2024-25

#10 of 31

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

Import-side rank: #8 of 31

At a glance

−52.22%

Export CAGR

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

#10193

National Export Rank

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

+275.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.01%

Contribution to Sub-Ch. 5403

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6688

Balance

−0.66

Exports

2.52 ₹ Cr

0.0001% share

YoY

0.74% of Sub-Ch. 5403

Imports

3.18 ₹ Cr

0.0001% share

YoY

0.27% of Sub-Ch. 5403

FY 2019-20 Exp. Rank #9094

Balance

−3.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.24% YoY

0.05% of Sub-Ch. 5403

Imports

3.14 ₹ Cr

0.0001% share

−1.26% YoY

0.20% of Sub-Ch. 5403

FY 2020-21 Exp. Rank #8314

Balance

−7.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+275.00% YoY

0.24% of Sub-Ch. 5403

Imports

7.59 ₹ Cr

0.0003% share

+141.72% YoY

0.57% of Sub-Ch. 5403

FY 2021-22 Exp. Rank #8658

Balance

−10.49

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−2.22% YoY

0.18% of Sub-Ch. 5403

Imports

10.93 ₹ Cr

0.0002% share

+44.01% YoY

0.48% of Sub-Ch. 5403

FY 2022-23 Exp. Rank #8693

Balance

−14.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+11.36% YoY

0.14% of Sub-Ch. 5403

Imports

15.13 ₹ Cr

0.0003% share

+38.43% YoY

0.46% of Sub-Ch. 5403

FY 2023-24 Exp. Rank #10057

Balance

−15.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−89.80% YoY

0.01% of Sub-Ch. 5403

Imports

15.12 ₹ Cr

0.0003% share

−0.07% YoY

0.44% of Sub-Ch. 5403

FY 2024-25 Exp. Rank #10193

Balance

−7.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−40.00% YoY

0.01% of Sub-Ch. 5403

Imports

7.29 ₹ Cr

0.0001% share

−51.79% YoY

0.21% of Sub-Ch. 5403

CAGR · 7-Year

Exports

−52.22% /yr

Imports

14.83% /yr

Consistently Deficit
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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 54034990 and GST compliance.

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.

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.