---
title: "HSN Code for Strip of synthetic fibre materials | HSN 54049020 GST Rate"
description: "Find HSN and GST Rates for 54049020 related to Strip of synthetic fibre materials with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-54049020/"
---

# HSN Code 54049020: Strip of synthetic fibre materials

- [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/)
- [Chapter 54: Man-made filaments; strip and the like of man-made textile materials](https://busy.in/hsn/chapter-54/)
- [Sub-chapter 5404: Synthetic monofilament](https://busy.in/hsn/sub-chapter-5404/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other : Strip and the like of synthetic fibre materials(Synthetic or artificial filament yarns) | 6% | 6% | 12% | 0% |
| Other : Strip and the like of synthetic fibre materials | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 54049020 ?

It includes Artificial Textile Materials

### How should mixed supplies be billed when Strip of synthetic fibre materials is sold with other items?

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

### Any common misclassification issue with Strip of synthetic fibre materials?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### How much GST applies to Strip of synthetic fibre materials?

Under HSN 54049020, Strip of synthetic fibre materials attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Strip of synthetic fibre materials?

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 Strip of synthetic fibre materials?

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.

## India's trade performance: HSN Code 54049020 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+16.98% YoY) — 0.0000% of India's total exports
- Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports
- Trade balance: < ₹1 Crore (Surplus); surplus rank #4717 of 12657 HSN codes
- Share of Sub-Chapter 5404: 0.64% of its exports; import side 0.00%
- Rank within Sub-Chapter 5404: #6 of 9 by export value

### Key metrics

- Export CAGR: -11.50% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8655 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +40.38% in FY 2020-21
- Contribution to Sub-Ch. 5404: 0.64% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 54049020

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5404 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5404 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.29 | 0.0001% | — | 2.41% | Nil | 0.0000% | — | 0.00% | +1.29 | #7378 |
| FY 2019-20 | 1.04 | 0.0000% | −19.38% | 1.96% | < ₹1 Crore | 0.0000% | — | 0.03% | +0.94 | #7583 |
| FY 2020-21 | 1.46 | 0.0001% | +40.38% | 2.17% | Nil | 0.0000% | −100.00% | 0.00% | +1.46 | #7314 |
| FY 2021-22 | 1.31 | 0.0000% | −10.27% | 1.43% | < ₹1 Crore | 0.0000% | — | 0.14% | +0.71 | #7745 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −36.64% | 0.92% | Nil | 0.0000% | −100.00% | 0.00% | +0.83 | #8263 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −36.14% | 0.68% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.52 | #8755 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +16.98% | 0.64% | Nil | 0.0000% | −100.00% | 0.00% | +0.62 | #8655 |

- CAGR (7-year): exports -11.50%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 54049020 export-import analysis

### Export decline: -11.50% CAGR over 7 years

India's exports under HSN Code 54049020 have declined at a compound annual rate of -11.50% over 7 fiscal years, falling from ₹1.29 Crore in FY 2018-19 to ₹0.62 Crore in FY 2024-25.

### HSN Code 54049020 ranked #8655 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 54049020 ranks #8655 out of 12657 HSN codes by total export value. Within Sub-Chapter 5404, it ranks #6 of 9. By trade surplus, it ranks #4717 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 54049020 exports

The strongest single-year export movement for HSN Code 54049020 was recorded in FY 2020-21, when exports surged by 40.38% over the prior year.

### India maintains a trade surplus of ₹0.62 Crore in HSN Code 54049020 goods

In FY 2024-25, India's exports of ₹0.62 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.62 Crore — ranking #4717 of 12657 by surplus magnitude.

### HSN Code 54049020 contributes 0.64% of Sub-Chapter 5404 exports — ranked #6

Among the 9 HSN codes under Sub-Chapter 5404, HSN Code 54049020 ranks #6 by export value — accounting for 0.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

## Related HSN Codes in Sub-Chapter 5404

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 54041990: Monofilament: Other: Other](https://busy.in/hsn/hsn-54041990/) | ₹78 Cr |
| #2 | [HSN Code 54041200: Monofilament: Other, of polypropylene0](https://busy.in/hsn/hsn-54041200/) | ₹12 Cr |
| #3 | [HSN Code 54049010: Catgut imitation of synthetic yarn](https://busy.in/hsn/hsn-54049010/) | ₹2 Cr |
| #4 | [HSN Code 54049090: Synthetic monofilament (≥67 decitex, ≤1mm) and strips (≤5mm) \| Other](https://busy.in/hsn/hsn-54049090/) | ₹2 Cr |
| #5 | [HSN Code 54041920: Synthetic fibre strip](https://busy.in/hsn/hsn-54041920/) | ₹1 Cr |
| #6 | HSN Code 54049020: Strip of synthetic fibre materials (this hsn code) | < ₹1 Crore |
| #7 | [HSN Code 54041100: Monofilament\| Elastomeric](https://busy.in/hsn/hsn-54041100/) | < ₹1 Crore |
| — | [HSN Code 54041910: Monofilament: Synthetic Yarn, Non-Sterile](https://busy.in/hsn/hsn-54041910/) | Nil |
| — | [HSN Code 54041000: Synthetic Filament Yarn Retail Sale](https://busy.in/hsn/hsn-54041000/) | — |