HSN Code 54049010: Catgut imitation of synthetic yarn

HSN Code 54049010 represents Catgut imitation of synthetic yarn under GST classification. This code helps businesses identify Catgut imitation of synthetic yarn correctly for billing, taxation, and trade. With HSN Code 54049010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Catgut imitation of synthetic yarn.

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Description of Goods for HSN Code 54049010

HSN Code 54049010 relates to the following description.

Description of Goods

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

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 54049010 not include?

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

India’s Trade Performance — HSN Code 54049010 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

₹2 Cr

+688.89% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹43 Cr

−24.59% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹41 Cr

Trade Deficit

Surplus rank #10083 of 12657 HSN codes

% of Sub-Chapter 5404

FY 2024-25

2.21%

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

Import side: 10.38% of Sub-Chapter 5404’s imports

Rank Within Sub-Chapter 5404

FY 2024-25

#3 of 9

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

Import-side rank: #3 of 9

At a glance

69.44%

Export CAGR

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

#7546

National Export Rank

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

+688.89%

Peak Growth Year

FY 2024-25 · strongest single-year move

2.21%

Contribution to Sub-Ch. 5404

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

India Export-Import Trade Statistics for HSN Code 54049010

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 #9231

Balance

−37.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.17% of Sub-Ch. 5404

Imports

37.81 ₹ Cr

0.0011% share

YoY

10.67% of Sub-Ch. 5404

FY 2019-20 Exp. Rank #8954

Balance

−29.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+77.78% YoY

0.30% of Sub-Ch. 5404

Imports

29.83 ₹ Cr

0.0009% share

−21.11% YoY

9.81% of Sub-Ch. 5404

FY 2020-21 Exp. Rank #8649

Balance

−29.79

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+75.00% YoY

0.42% of Sub-Ch. 5404

Imports

30.07 ₹ Cr

0.0010% share

+0.80% YoY

9.90% of Sub-Ch. 5404

FY 2021-22 Exp. Rank #9808

Balance

−38.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−82.14% YoY

0.05% of Sub-Ch. 5404

Imports

38.27 ₹ Cr

0.0008% share

+27.27% YoY

9.12% of Sub-Ch. 5404

FY 2022-23 Exp. Rank #9835

Balance

−65.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+20.00% YoY

0.07% of Sub-Ch. 5404

Imports

65.44 ₹ Cr

0.0011% share

+71.00% YoY

13.33% of Sub-Ch. 5404

FY 2023-24 Exp. Rank #9259

Balance

−56.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+350.00% YoY

0.34% of Sub-Ch. 5404

Imports

56.68 ₹ Cr

0.0010% share

−13.39% YoY

14.39% of Sub-Ch. 5404

FY 2024-25 Exp. Rank #7546

Balance

−40.61

Exports

2.13 ₹ Cr

0.0001% share

+688.89% YoY

2.21% of Sub-Ch. 5404

Imports

42.74 ₹ Cr

0.0007% share

−24.59% YoY

10.38% of Sub-Ch. 5404

CAGR · 7-Year

Exports

69.44% /yr

Imports

2.06% /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 54049010 Export-Import Analysis

Consistent Export Growth: 69.44% CAGR Over 7 Years

India's exports under HSN Code 54049010 have grown at a compound annual rate of 69.44% over 7 fiscal years, rising from ₹0.09 Crore in FY 2018-19 to ₹2.13 Crore in FY 2024-25.

HSN Code 54049010 Ranked #7546 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 54049010 ranks #7546 out of 12657 HSN codes by total export value. Within Sub-Chapter 5404, it ranks #3 of 9. By trade surplus, it ranks #10083 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 54049010 Exports

The strongest single-year export movement for HSN Code 54049010 was recorded in FY 2024-25, when exports surged by 688.89% over the prior year.

India Records a Trade Deficit of ₹40.61 Crore in HSN Code 54049010 Goods

In FY 2024-25, India's imports of ₹42.74 Cr exceeded exports of ₹2.13 Cr, resulting in a trade deficit of ₹40.61 Crore — ranking #10083 of 12657 by surplus magnitude.

Import Growth of 2.06% CAGR Signals Stable Import Dependency for Catgut imitation of synthetic yarn

India's imports under HSN Code 54049010 have grown at 2.06% CAGR, reaching ₹42.74 Crore in FY 2024-25.

HSN Code 54049010 Contributes 2.21% of Sub-Chapter 5404 Exports — Ranked #3

Among the 9 HSN codes under Sub-Chapter 5404, HSN Code 54049010 ranks #3 by export value — accounting for 2.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.38% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 54049010 and GST compliance.

What products are classified under HSN 54049010 ?

It includes Synthetic monofilament (≥67 decitex, ≤1mm) and strips (≤5mm) | Other

How much GST applies to Catgut imitation of synthetic yarn?

Under HSN 54049010, Catgut imitation of synthetic yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Catgut imitation of synthetic yarn?

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 should mixed supplies be billed when Catgut imitation of synthetic yarn is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Catgut imitation of synthetic yarn; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Catgut imitation of synthetic yarn?

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.

Can we claim ITC on inputs used to trade Catgut imitation of synthetic yarn?

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.