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HSN Code 54041100: Elastomeric Synthetic Monofilament

HSN Code 54041100 represents Elastomeric Synthetic Monofilament under GST classification. This code helps businesses identify Elastomeric Synthetic Monofilament correctly for billing, taxation, and trade. With HSN Code 54041100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Elastomeric Synthetic Monofilament.

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Description of Goods for HSN Code 54041100

HSN Code 54041100 relates to the following description.

Description of Goods

Monofilament: Elastomeric of Synthetic or artificial filament yarns

Chapter

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

Sub Chapter

5404 - Synthetic monofilament of 67 decitex or more and of which no crosssectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetictextile materials of an apparent width not exceeding 5 mm

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Monofilament: Elastomeric

Chapter

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

Sub Chapter

5404 - Synthetic monofilament of 67 decitex or more and of which no crosssectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetictextile materials of an apparent width not exceeding 5 mm

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 54041100 not include?

Elastomeric Synthetic Monofilament does not include products with the following descriptions.

Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm monofilament

Monofilament: Other, of polypropylene(Synthetic or artificial filament yarns)

Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)

Monofilament: Other: Strip and the like of synthetic fibre material(Synthetic or artificial filament yarns)

Other : Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)

Other : Strip and the like of synthetic fibre materials(Synthetic or artificial filament yarns)

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India’s Trade Performance — HSN Code 54041100 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

−65.00% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹8 Cr

+11.96% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

−₹8 Cr

Trade Deficit

Surplus rank #8971 of 12872 HSN codes

% of Sub-Chapter 5404

FY 2025-26

0.07%

Share of Sub-Chapter 5404’s total exports in FY 2025-26

Import side: 1.84% of Sub-Chapter 5404’s imports

Rank Within Sub-Chapter 5404

FY 2025-26

#7 of 9

Position by export value among HSN codes in Sub-Chapter 5404

Import-side rank: #6 of 9

At a glance

32.05%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#10021

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+244.44%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.07%

Contribution to Sub-Ch. 5404

Share of Sub-Chapter 5404 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 54041100

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9921

Balance

−60.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 5404

Imports

60.65 ₹ Cr

0.0017% share

— YoY

17.12% of Sub-Ch. 5404

FY 2019-20

Balance

−21.79

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5404

Imports

21.79 ₹ Cr

0.0007% share

−64.07% YoY

7.16% of Sub-Ch. 5404

FY 2020-21 Exp. Rank #9278

Balance

−6.33

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.13% of Sub-Ch. 5404

Imports

6.42 ₹ Cr

0.0002% share

−70.54% YoY

2.11% of Sub-Ch. 5404

FY 2021-22 Exp. Rank #8922

Balance

+0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+244.44% YoY

0.34% of Sub-Ch. 5404

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.84% YoY

0.00% of Sub-Ch. 5404

FY 2022-23 Exp. Rank #9890

Balance

−9.97

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−83.87% YoY

0.06% of Sub-Ch. 5404

Imports

10.02 ₹ Cr

0.0002% share

+1,00,100.00% YoY

2.04% of Sub-Ch. 5404

FY 2023-24 Exp. Rank #9590

Balance

−8.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.19% of Sub-Ch. 5404

Imports

8.79 ₹ Cr

0.0002% share

−12.28% YoY

2.23% of Sub-Ch. 5404

FY 2024-25 Exp. Rank #9416

Balance

−6.91

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

0.21% of Sub-Ch. 5404

Imports

7.11 ₹ Cr

0.0001% share

−19.11% YoY

1.73% of Sub-Ch. 5404

FY 2025-26 Exp. Rank #10021

Balance

−7.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−65.00% YoY

0.07% of Sub-Ch. 5404

Imports

7.96 ₹ Cr

0.0001% share

+11.96% YoY

1.84% of Sub-Ch. 5404

CAGR · 8-Year

Exports

32.05% /yr

Imports

−25.18% /yr

Consistently Deficit
Sub-Chapter 5404 total

reference, FY 2025-26

Export

₹105.66 Cr

Import

₹433.26 Cr

Trade Balance

−327.60

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

Key Trade Insights: HSN Code 54041100 Export-Import Analysis

Consistent Export Growth: 32.05% CAGR Over 8 Years

India's exports under HSN Code 54041100 have grown at a compound annual rate of 32.05% over 8 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.07 Crore in FY 2025-26.

HSN Code 54041100 Ranked #10021 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 54041100 ranks #10021 out of 12872 HSN codes by total export value. Within Sub-Chapter 5404, it ranks #7 of 9. By trade surplus, it ranks #8971 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 54041100 Exports

The strongest single-year export movement for HSN Code 54041100 was recorded in FY 2021-22, when exports surged by 244.44% over the prior year.

India Records a Trade Deficit of ₹7.89 Crore in HSN Code 54041100 Goods

In FY 2025-26, India's imports of ₹7.96 Cr exceeded exports of ₹0.07 Cr, resulting in a trade deficit of ₹7.89 Crore — ranking #8971 of 12872 by surplus magnitude.

Import Growth of −25.18% CAGR Signals Stable Import Dependency for Elastomeric Synthetic Monofilament

India's imports under HSN Code 54041100 have grown at −25.18% CAGR, reaching ₹7.96 Crore in FY 2025-26.

HSN Code 54041100 Contributes 0.07% of Sub-Chapter 5404 Exports — Ranked #7

Among the 9 HSN codes under Sub-Chapter 5404, HSN Code 54041100 ranks #7 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 1.84% share (rank #6).

Frequently Asked Questions

Clear answers to common queries about HSN Code 54041100 and GST compliance.

What products are classified under HSN 54041100 ?

It includes Monofilament: Synthetic Yarn, Non-Sterile

Does packaging or labelling change the GST for Monofilament/ Elastomeric?

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 Monofilament/ Elastomeric is sold with other items?

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

Can we claim ITC on inputs used to trade Monofilament/ Elastomeric?

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 Monofilament/ Elastomeric?

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 Monofilament/ Elastomeric?

Under HSN 54041100, Monofilament/ Elastomeric attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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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.