HSN Code 54049020 represents Strip of synthetic fibre materials under GST classification. This code helps businesses identify Strip of synthetic fibre materials correctly for billing, taxation, and trade. With HSN Code 54049020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Strip of synthetic fibre materials.
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HSN Code 54049020 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
Other : Strip and the like of synthetic fibre materials(Synthetic or artificial filament yarns)
6%
6%
12%
0%
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
Other : Strip and the like of synthetic fibre materials
9%
9%
18%
0%
Description of Goods
Other : Strip and the like of synthetic fibre materials(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 : Strip and the like of synthetic fibre materials
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%
Strip of synthetic fibre materials 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
Monofilament: Other: Other
Other : Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)
Other : Catgut imitation of synthetic yarn, non-sterile
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
Monofilament: Other: Other
Other : Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)
Other : Catgut imitation of synthetic yarn, non-sterile
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4717 of 12657 HSN codes
% of Sub-Chapter 5404
FY 2024-250.64%
Share of Sub-Chapter 5404’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 5404’s imports
Rank Within Sub-Chapter 5404
FY 2024-25#6 of 9
Position by export value among HSN codes in Sub-Chapter 5404
At a glance
−11.50%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8655
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+40.38%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.64%
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
+1.29
Exports
1.29 ₹ Cr
0.0001% share
— YoY
2.41% of Sub-Ch. 5404
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5404
Balance
+0.94
Exports
1.04 ₹ Cr
0.0000% share
−19.38% YoY
1.96% of Sub-Ch. 5404
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 5404
Balance
+1.46
Exports
1.46 ₹ Cr
0.0001% share
+40.38% YoY
2.17% of Sub-Ch. 5404
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5404
Balance
+0.71
Exports
1.31 ₹ Cr
0.0000% share
−10.27% YoY
1.43% of Sub-Ch. 5404
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.14% of Sub-Ch. 5404
Balance
+0.83
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−36.64% YoY
0.92% of Sub-Ch. 5404
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5404
Balance
+0.52
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−36.14% YoY
0.68% of Sub-Ch. 5404
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5404
Balance
+0.62
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+16.98% YoY
0.64% of Sub-Ch. 5404
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5404
CAGR · 7-Year
Exports
−11.50% /yr
Imports
—
reference, FY 2024-25
Export
₹96.42 Cr
Import
₹411.70 Cr
Trade Balance
−315.28
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.
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.
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.
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.
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.
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 54049020 and GST compliance.
It includes Artificial Textile Materials
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 54049020, Strip of synthetic fibre materials attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.