HSN Code 54050000: Artificial Textile Materials

HSN Code 54050000 represents Artificial Textile Materials under GST classification. This code helps businesses identify Artificial Textile Materials correctly for billing, taxation, and trade. With HSN Code 54050000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Textile Materials.

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Description of Goods for HSN Code 54050000

HSN Code 54050000 relates to the following description.

Description of Goods

Artificial 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 artificial textile materials of an apparent width not exceeding 5 mm

Chapter

54 - Man-made filaments; strip and the like of man-made textile materials

Sub Chapter

5405 - Artificial 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 artificial textile materials of an apparent width not exceeding 5 mm

CGST

6%

SGST

6%

IGST

12%

CESS

0%

Description of Goods

Artificial 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 artificial textile materials of an apparent width not exceeding 5 mm (All goods other than artificial filament yarns)

Chapter

54 - Man-made filaments; strip and the like of man-made textile materials

Sub Chapter

5405 - Artificial 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 artificial textile materials of an apparent width not exceeding 5 mm

CGST

9%

SGST

9%

IGST

18%

CESS

0%

India’s Trade Performance — HSN Code 54050000 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

< ₹1 Crore

−89.91% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+17.63% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹5 Cr

Trade Deficit

Surplus rank #8632 of 12657 HSN codes

% of Sub-Chapter 5405

FY 2024-25

100.00%

Share of Sub-Chapter 5405’s total exports in FY 2024-25

Import side: 100.00% of Sub-Chapter 5405’s imports

Rank Within Sub-Chapter 5405

FY 2024-25

#1 of 1

Position by export value among HSN codes in Sub-Chapter 5405

Import-side rank: #1 of 1

At a glance

32.86%

Export CAGR

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

#9705

National Export Rank

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

+1,716.67%

Peak Growth Year

FY 2023-24 · strongest single-year move

100.00%

Contribution to Sub-Ch. 5405

Share of Sub-Chapter 5405 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 54050000

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 #9774

Balance

−1.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 5405

Imports

1.57 ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 5405

FY 2019-20 Exp. Rank #9534

Balance

−3.92

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

100.00% of Sub-Ch. 5405

Imports

3.96 ₹ Cr

0.0001% share

+152.23% YoY

100.00% of Sub-Ch. 5405

FY 2020-21 Exp. Rank #8755

Balance

−2.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+500.00% YoY

100.00% of Sub-Ch. 5405

Imports

2.29 ₹ Cr

0.0001% share

−42.17% YoY

100.00% of Sub-Ch. 5405

FY 2021-22 Exp. Rank #9964

Balance

−3.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−87.50% YoY

100.00% of Sub-Ch. 5405

Imports

3.43 ₹ Cr

0.0001% share

+49.78% YoY

100.00% of Sub-Ch. 5405

FY 2022-23 Exp. Rank #9835

Balance

−3.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

100.00% of Sub-Ch. 5405

Imports

3.61 ₹ Cr

0.0001% share

+5.25% YoY

100.00% of Sub-Ch. 5405

FY 2023-24 Exp. Rank #8173

Balance

−3.39

Exports

1.09 ₹ Cr

0.0000% share

+1,716.67% YoY

100.00% of Sub-Ch. 5405

Imports

4.48 ₹ Cr

0.0001% share

+24.10% YoY

100.00% of Sub-Ch. 5405

FY 2024-25 Exp. Rank #9705

Balance

−5.16

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−89.91% YoY

100.00% of Sub-Ch. 5405

Imports

5.27 ₹ Cr

0.0001% share

+17.63% YoY

100.00% of Sub-Ch. 5405

CAGR · 7-Year

Exports

32.86% /yr

Imports

22.36% /yr

Consistently Deficit
Sub-Chapter 5405 total

reference, FY 2024-25

Export

₹0.11 Cr

Import

₹5.27 Cr

Trade Balance

−5.16

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

Key Trade Insights: HSN Code 54050000 Export-Import Analysis

Consistent Export Growth: 32.86% CAGR Over 7 Years

India's exports under HSN Code 54050000 have grown at a compound annual rate of 32.86% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.11 Crore in FY 2024-25.

HSN Code 54050000 Ranked #9705 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 54050000 ranks #9705 out of 12657 HSN codes by total export value. Within Sub-Chapter 5405, it ranks #1 of 1. By trade surplus, it ranks #8632 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 54050000 Exports

The strongest single-year export movement for HSN Code 54050000 was recorded in FY 2023-24, when exports surged by 1,716.67% over the prior year.

India Records a Trade Deficit of ₹5.16 Crore in HSN Code 54050000 Goods

In FY 2024-25, India's imports of ₹5.27 Cr exceeded exports of ₹0.11 Cr, resulting in a trade deficit of ₹5.16 Crore — ranking #8632 of 12657 by surplus magnitude.

Import Growth of 22.36% CAGR Signals Rising Demand for Artificial Textile Materials

India's imports under HSN Code 54050000 have grown at 22.36% CAGR, reaching ₹5.27 Crore in FY 2024-25.

HSN Code 54050000 Contributes 100.00% of Sub-Chapter 5405 Exports — Ranked #1

Among the 1 HSN codes under Sub-Chapter 5405, HSN Code 54050000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 54050000 and GST compliance.

What products are classified under HSN 54050000 ?

It includes Goods other than artificial filament yarn

How should mixed supplies be billed when Artificial Textile Materials is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial Textile Materials; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Artificial Textile 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.

Any common misclassification issue with Artificial Textile 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 Artificial Textile Materials?

Under HSN 54050000, Artificial Textile Materials attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Artificial Textile Materials?

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.