HSN Code 54041910: Monofilament: Synthetic Yarn, Non-Sterile

HSN Code 54041910 represents Monofilament: Synthetic Yarn, Non-Sterile under GST classification. This code helps businesses identify Monofilament: Synthetic Yarn, Non-Sterile correctly for billing, taxation, and trade. With HSN Code 54041910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monofilament: Synthetic Yarn, Non-Sterile.

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Description of Goods for HSN Code 54041910

HSN Code 54041910 relates to the following description.

Description of Goods

Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile(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

6%

SGST

6%

IGST

12%

CESS

0%

Description of Goods

Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile

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

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 54041910 not include?

Monofilament: Synthetic Yarn, Non-Sterile does not include products with the following descriptions.

HSN Code 54041000

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

HSN Code 54041200

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

HSN Code 54041920

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

HSN Code 54049010

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

HSN Code 54049020

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

India’s Trade Performance — HSN Code 54041910 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+416.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7993 of 12657 HSN codes

% of Sub-Chapter 5404

FY 2024-25

0.00%

Share of Sub-Chapter 5404’s total exports in FY 2024-25

Import side: 0.30% of Sub-Chapter 5404’s imports

At a glance

0.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.00%

Contribution to Sub-Ch. 5404

Share of Sub-Chapter 5404 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 54041910

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 #9921

Balance

−1.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 5404

Imports

1.10 ₹ Cr

0.0000% share

— YoY

0.31% of Sub-Ch. 5404

FY 2019-20 Exp. Rank #9870

Balance

−0.53

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.02% of Sub-Ch. 5404

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.91% YoY

0.18% of Sub-Ch. 5404

FY 2020-21

Balance

−3.11

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5404

Imports

3.11 ₹ Cr

0.0001% share

+475.93% YoY

1.02% of Sub-Ch. 5404

FY 2021-22

Balance

−2.44

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5404

Imports

2.44 ₹ Cr

0.0001% share

−21.54% YoY

0.58% of Sub-Ch. 5404

FY 2022-23

Balance

−0.78

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5404

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−68.03% YoY

0.16% of Sub-Ch. 5404

FY 2023-24 Exp. Rank #9818

Balance

−0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.11% of Sub-Ch. 5404

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−69.23% YoY

0.06% of Sub-Ch. 5404

FY 2024-25

Balance

−1.24

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5404

Imports

1.24 ₹ Cr

0.0000% share

+416.67% YoY

0.30% of Sub-Ch. 5404

CAGR · 7-Year

Exports

—

Imports

2.02% /yr

Consistently Deficit
Sub-Chapter 5404 total

reference, FY 2024-25

Export

₹96.42 Cr

Import

₹411.70 Cr

Trade Balance

−315.28

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

Key Trade Insights: HSN Code 54041910 Export-Import Analysis

Export Snapshot for HSN Code 54041910

India exported ₹0.00 Crore worth of Monofilament: Synthetic Yarn, Non-Sterile in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2019-20 Was the Strongest Growth Year for HSN Code 54041910 Exports

The strongest single-year export movement for HSN Code 54041910 was recorded in FY 2019-20, when exports surged by 0.00% over the prior year.

India Records a Trade Deficit of ₹1.24 Crore in HSN Code 54041910 Goods

In FY 2024-25, India's imports of ₹1.24 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.24 Crore — ranking #7993 of 12657 by surplus magnitude.

Import Growth of 2.02% CAGR Signals Stable Import Dependency for Monofilament: Synthetic Yarn, Non-Sterile

India's imports under HSN Code 54041910 have grown at 2.02% CAGR, reaching ₹1.24 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 54041910 and GST compliance.

What products are classified under HSN 54041910 ?

It includes Monofilament: Other: Other

How much GST applies to Monofilament: Synthetic Yarn, Non-Sterile?

Under HSN 54041910, Monofilament: Synthetic Yarn, Non-Sterile attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Monofilament: Synthetic Yarn, Non-Sterile?

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 Monofilament: Synthetic Yarn, Non-Sterile is sold with other items?

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

Does packaging or labelling change the GST for Monofilament: Synthetic Yarn, Non-Sterile?

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 Monofilament: Synthetic Yarn, Non-Sterile?

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 Monofilament: Synthetic Yarn, Non-Sterile?

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

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.