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HSN Code 54041200: Non-Elastomeric Polypropylene Monofilament

HSN Code 54041200 represents Non-Elastomeric Polypropylene Monofilament under GST classification. This code helps businesses identify Non-Elastomeric Polypropylene Monofilament correctly for billing, taxation, and trade. With HSN Code 54041200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Non-Elastomeric Polypropylene Monofilament.

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Description of Goods for HSN Code 54041200

HSN Code 54041200 relates to the following description.

Description of Goods

Monofilament: Other, of polypropylene(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: Other, of polypropylene

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 54041200 not include?

Non-Elastomeric Polypropylene 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: 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 54041200 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

₹16 Cr

+24.58% vs FY 2024-25

0.0004% of India’s total exports

India’s Imports

FY 2025-26

₹22 Cr

+11.96% vs FY 2024-25

0.0003% of India’s total imports

Trade Balance

FY 2025-26

−₹6 Cr

Trade Deficit

Surplus rank #8858 of 12872 HSN codes

% of Sub-Chapter 5404

FY 2025-26

14.68%

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

Import side: 5.01% of Sub-Chapter 5404’s imports

Rank Within Sub-Chapter 5404

FY 2025-26

#2 of 9

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

Import-side rank: #4 of 9

At a glance

32.70%

Export CAGR

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

#5396

National Export Rank

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

+110.73%

Peak Growth Year

FY 2021-22 · strongest single-year move

14.68%

Contribution to Sub-Ch. 5404

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

India Export-Import Trade Statistics for HSN Code 54041200

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 #6881

Balance

−11.20

Exports

2.14 ₹ Cr

0.0001% share

— YoY

3.99% of Sub-Ch. 5404

Imports

13.34 ₹ Cr

0.0004% share

— YoY

3.77% of Sub-Ch. 5404

FY 2019-20 Exp. Rank #6276

Balance

−1.67

Exports

3.48 ₹ Cr

0.0002% share

+62.62% YoY

6.55% of Sub-Ch. 5404

Imports

5.15 ₹ Cr

0.0002% share

−61.39% YoY

1.69% of Sub-Ch. 5404

FY 2020-21 Exp. Rank #5578

Balance

+0.56

Exports

6.71 ₹ Cr

0.0003% share

+92.82% YoY

9.98% of Sub-Ch. 5404

Imports

6.15 ₹ Cr

0.0002% share

+19.42% YoY

2.03% of Sub-Ch. 5404

FY 2021-22 Exp. Rank #5037

Balance

−5.93

Exports

14.14 ₹ Cr

0.0005% share

+110.73% YoY

15.46% of Sub-Ch. 5404

Imports

20.07 ₹ Cr

0.0004% share

+226.34% YoY

4.78% of Sub-Ch. 5404

FY 2022-23 Exp. Rank #4835

Balance

−9.16

Exports

17.66 ₹ Cr

0.0005% share

+24.89% YoY

19.64% of Sub-Ch. 5404

Imports

26.82 ₹ Cr

0.0005% share

+33.63% YoY

5.46% of Sub-Ch. 5404

FY 2023-24 Exp. Rank #5436

Balance

−12.43

Exports

12.35 ₹ Cr

0.0003% share

−30.07% YoY

15.74% of Sub-Ch. 5404

Imports

24.78 ₹ Cr

0.0004% share

−7.61% YoY

6.29% of Sub-Ch. 5404

FY 2024-25 Exp. Rank #5520

Balance

−6.95

Exports

12.45 ₹ Cr

0.0003% share

+0.81% YoY

12.91% of Sub-Ch. 5404

Imports

19.40 ₹ Cr

0.0003% share

−21.71% YoY

4.71% of Sub-Ch. 5404

FY 2025-26 Exp. Rank #5396

Balance

−6.21

Exports

15.51 ₹ Cr

0.0004% share

+24.58% YoY

14.68% of Sub-Ch. 5404

Imports

21.72 ₹ Cr

0.0003% share

+11.96% YoY

5.01% of Sub-Ch. 5404

CAGR · 8-Year

Exports

32.70% /yr

Imports

7.21% /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 54041200 Export-Import Analysis

Consistent Export Growth: 32.70% CAGR Over 8 Years

India's exports under HSN Code 54041200 have grown at a compound annual rate of 32.70% over 8 fiscal years, rising from ₹2.14 Crore in FY 2018-19 to ₹15.51 Crore in FY 2025-26.

HSN Code 54041200 Ranked #5396 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 54041200 ranks #5396 out of 12872 HSN codes by total export value. Within Sub-Chapter 5404, it ranks #2 of 9. By trade surplus, it ranks #8858 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 54041200 Exports

The strongest single-year export movement for HSN Code 54041200 was recorded in FY 2021-22, when exports surged by 110.73% over the prior year.

India Records a Trade Deficit of ₹6.21 Crore in HSN Code 54041200 Goods

In FY 2025-26, India's imports of ₹21.72 Cr exceeded exports of ₹15.51 Cr, resulting in a trade deficit of ₹6.21 Crore — ranking #8858 of 12872 by surplus magnitude.

Import Growth of 7.21% CAGR Signals Stable Import Dependency for Non-Elastomeric Polypropylene Monofilament

India's imports under HSN Code 54041200 have grown at 7.21% CAGR, reaching ₹21.72 Crore in FY 2025-26.

HSN Code 54041200 Contributes 14.68% of Sub-Chapter 5404 Exports — Ranked #2

Among the 9 HSN codes under Sub-Chapter 5404, HSN Code 54041200 ranks #2 by export value — accounting for 14.68% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.01% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 54041200 and GST compliance.

What products are classified under HSN 54041200 ?

It includes Synthetic fibre strip

Any common misclassification issue with Non-Elastomeric Polypropylene Monofilament?

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 Non-Elastomeric Polypropylene Monofilament?

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 Non-Elastomeric Polypropylene Monofilament?

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.

Can we claim ITC on inputs used to trade Non-Elastomeric Polypropylene Monofilament?

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

How much GST applies to Non-Elastomeric Polypropylene Monofilament?

Under HSN 54041200, Non-Elastomeric Polypropylene Monofilament attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Non-Elastomeric Polypropylene Monofilament is sold with other items?

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

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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.