HSN Code 54041990 represents Monofilament: Other: Other under GST classification. This code helps businesses identify Monofilament: Other: Other correctly for billing, taxation, and trade. With HSN Code 54041990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Monofilament: Other: Other.
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HSN Code 54041990 relates to the following description.
Man-made filaments; strip and the like of man-made textile materials
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
Monofilament: Other: Other
9%
9%
18%
0%
Description of Goods
Monofilament: Other: Other
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%
Monofilament: Other: Other 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: Elastomeric of Synthetic or artificial filament yarns
Monofilament: Elastomeric
Monofilament: Other, of polypropylene(Synthetic or artificial filament yarns)
Monofilament: Other, of polypropylene
Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)
Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile
Monofilament: Other: Strip and the like of synthetic fibre material(Synthetic or artificial filament yarns)
Monofilament: Other: Strip and the like of synthetic fibre material
Other : Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)
Other : Catgut imitation of synthetic yarn, non-sterile
Other : Strip and the like of synthetic fibre materials(Synthetic or artificial filament yarns)
Other : Strip and the like of synthetic fibre materials
Other : Other
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: Elastomeric of Synthetic or artificial filament yarns
Monofilament: Elastomeric
Monofilament: Other, of polypropylene(Synthetic or artificial filament yarns)
Monofilament: Other, of polypropylene
Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)
Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile
Monofilament: Other: Strip and the like of synthetic fibre material(Synthetic or artificial filament yarns)
Monofilament: Other: Strip and the like of synthetic fibre material
Other : Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)
Other : Catgut imitation of synthetic yarn, non-sterile
Other : Strip and the like of synthetic fibre materials(Synthetic or artificial filament yarns)
Other : Strip and the like of synthetic fibre materials
Other : Other
India’s Exports
FY 2024-25₹78 Cr
0.0021% of India’s total exports
India’s Imports
FY 2024-25₹218 Cr
0.0036% of India’s total imports
Trade Balance
FY 2024-25−₹140 Cr
Surplus rank #11049 of 12657 HSN codes
% of Sub-Chapter 5404
FY 2024-2580.94%
Share of Sub-Chapter 5404’s total exports in FY 2024-25
Import side: 53.01% of Sub-Chapter 5404’s imports
Rank Within Sub-Chapter 5404
FY 2024-25#1 of 9
Position by export value among HSN codes in Sub-Chapter 5404
Import-side rank: #1 of 9
At a glance
10.54%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3005
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+49.48%
Peak Growth Year
FY 2021-22 · strongest single-year move
80.94%
Contribution to Sub-Ch. 5404
Share of Sub-Chapter 5404 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−115.10
Exports
42.77 ₹ Cr
0.0019% share
— YoY
79.82% of Sub-Ch. 5404
Imports
157.87 ₹ Cr
0.0044% share
— YoY
44.56% of Sub-Ch. 5404
Balance
−138.14
Exports
39.60 ₹ Cr
0.0018% share
−7.41% YoY
74.59% of Sub-Ch. 5404
Imports
177.74 ₹ Cr
0.0053% share
+12.59% YoY
58.44% of Sub-Ch. 5404
Balance
−114.33
Exports
45.55 ₹ Cr
0.0021% share
+15.03% YoY
67.72% of Sub-Ch. 5404
Imports
159.88 ₹ Cr
0.0055% share
−10.05% YoY
52.65% of Sub-Ch. 5404
Balance
−160.35
Exports
68.09 ₹ Cr
0.0022% share
+49.48% YoY
74.42% of Sub-Ch. 5404
Imports
228.44 ₹ Cr
0.0050% share
+42.88% YoY
54.44% of Sub-Ch. 5404
Balance
−164.46
Exports
63.03 ₹ Cr
0.0017% share
−7.43% YoY
70.10% of Sub-Ch. 5404
Imports
227.49 ₹ Cr
0.0040% share
−0.42% YoY
46.33% of Sub-Ch. 5404
Balance
−135.18
Exports
57.43 ₹ Cr
0.0016% share
−8.88% YoY
73.22% of Sub-Ch. 5404
Imports
192.61 ₹ Cr
0.0034% share
−15.33% YoY
48.90% of Sub-Ch. 5404
Balance
−140.22
Exports
78.04 ₹ Cr
0.0021% share
+35.89% YoY
80.94% of Sub-Ch. 5404
Imports
218.26 ₹ Cr
0.0036% share
+13.32% YoY
53.01% of Sub-Ch. 5404
CAGR · 7-Year
Exports
10.54% /yr
Imports
5.55% /yr
reference, FY 2024-25
Export
₹96.42 Cr
Import
₹411.70 Cr
Trade Balance
−315.28
India's exports under HSN Code 54041990 have grown at a compound annual rate of 10.54% over 7 fiscal years, rising from ₹42.77 Crore in FY 2018-19 to ₹78.04 Crore in FY 2024-25.
In FY 2024-25, HSN Code 54041990 ranks #3005 out of 12657 HSN codes by total export value. Within Sub-Chapter 5404, it ranks #1 of 9. By trade surplus, it ranks #11049 of 12657.
The strongest single-year export movement for HSN Code 54041990 was recorded in FY 2021-22, when exports surged by 49.48% over the prior year.
In FY 2024-25, India's imports of ₹218.26 Cr exceeded exports of ₹78.04 Cr, resulting in a trade deficit of ₹140.22 Crore — ranking #11049 of 12657 by surplus magnitude.
India's imports under HSN Code 54041990 have grown at 5.55% CAGR, reaching ₹218.26 Crore in FY 2024-25.
Among the 9 HSN codes under Sub-Chapter 5404, HSN Code 54041990 ranks #1 by export value — accounting for 80.94% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 53.01% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 54041990 and GST compliance.
It includes Strip of synthetic fibre materials
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Monofilament: Other: Other; Nil for exempt items if applicable).
Under HSN 54041990, Monofilament: Other: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.