---
title: "HSN Code for Goods other than artificial filament yarn | HSN 54060020 GST Rate"
description: "Find HSN and GST Rates for 54060020 related to Goods other than artificial filament yarn with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-54060020/"
---

# HSN Code 54060020: Goods other than artificial filament yarn

- [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 5406: Natural gums & resins](https://busy.in/hsn/sub-chapter-5406/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Artificial filament yarn | 6% | 6% | 12% | 0% |
| All goods other than Artificial filament yarn | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 54060020 ?

It includes Unbleached tent fabrics: Raw Tent

### Can we claim ITC on inputs used to trade Goods other than artificial filament yarn?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### How much GST applies to Goods other than artificial filament yarn?

Under HSN 54060020, Goods other than artificial filament yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Goods other than artificial filament yarn?

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

### Does packaging or labelling change the GST for Goods other than artificial filament 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.

### Do e‑way bill and e‑invoice apply for Goods other than artificial filament 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.

## India's trade performance: HSN Code 54060020 (FY 2024-25)

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

- Exports: < ₹1 Crore (−38.55% YoY) — 0.0000% of India's total exports
- Imports: < ₹1 Crore (−96.67% YoY) — 0.0000% of India's total imports
- Trade balance: < ₹1 Crore (Surplus); surplus rank #4807 of 12657 HSN codes
- Share of Sub-Chapter 5406: 8.70% of its exports; import side 0.46%
- Rank within Sub-Chapter 5406: #2 of 4 by export value; import-side #2

### Key metrics

- Export CAGR: 9.25% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8811 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +159.38% in FY 2023-24
- Contribution to Sub-Ch. 5406: 8.70% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 54060020

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. 5406 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5406 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 40.54% | < ₹1 Crore | 0.0000% | — | 20.78% | −0.23 | #8546 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +50.00% | 72.58% | Nil | 0.0000% | −100.00% | 0.00% | +0.45 | #8275 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −75.56% | 4.51% | < ₹1 Crore | 0.0000% | — | 0.41% | +0.10 | #9183 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +154.55% | 6.01% | < ₹1 Crore | 0.0000% | +2,100.00% | 7.77% | +0.06 | #8985 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +14.29% | 11.23% | < ₹1 Crore | 0.0000% | −95.45% | 0.27% | +0.31 | #9015 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +159.38% | 19.72% | < ₹1 Crore | 0.0000% | +2,900.00% | 11.90% | +0.53 | #8398 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −38.55% | 8.70% | < ₹1 Crore | 0.0000% | −96.67% | 0.46% | +0.50 | #8811 |

- CAGR (7-year): exports 9.25%/yr, imports -48.40%/yr (consistently Surplus)

## Key trade insights: HSN Code 54060020 export-import analysis

### Consistent export growth: 9.25% CAGR over 7 years

India's exports under HSN Code 54060020 have grown at a compound annual rate of 9.25% over 7 fiscal years, rising from ₹0.30 Crore in FY 2018-19 to ₹0.51 Crore in FY 2024-25.

### HSN Code 54060020 ranked #8811 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 54060020 ranks #8811 out of 12657 HSN codes by total export value. Within Sub-Chapter 5406, it ranks #2 of 4. By trade surplus, it ranks #4807 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 54060020 exports

The strongest single-year export movement for HSN Code 54060020 was recorded in FY 2023-24, when exports surged by 159.38% over the prior year.

### India maintains a trade surplus of ₹0.50 Crore in HSN Code 54060020 goods

In FY 2024-25, India's exports of ₹0.51 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.50 Crore — ranking #4807 of 12657 by surplus magnitude.

### Import growth of -48.40% CAGR signals stable import dependency for Goods other than artificial filament yarn

India's imports under HSN Code 54060020 have grown at -48.40% CAGR, reaching ₹0.01 Crore in FY 2024-25.

### HSN Code 54060020 contributes 8.70% of Sub-Chapter 5406 exports — ranked #2

Among the 4 HSN codes under Sub-Chapter 5406, HSN Code 54060020 ranks #2 by export value — accounting for 8.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.46% share (rank #2).

## Related HSN Codes in Sub-Chapter 5406

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 54060010: Goods other than synthetic filament yarn](https://busy.in/hsn/hsn-54060010/) | ₹5 Cr |
| #2 | HSN Code 54060020: Goods other than artificial filament yarn (this hsn code) | < ₹1 Crore |
| — | [HSN Code 54061000: Artificial Filament Yarn Retail Sale](https://busy.in/hsn/hsn-54061000/) | — |
| — | [HSN Code 54062000: Synthetic filament tow – of nylon or other polyamides](https://busy.in/hsn/hsn-54062000/) | — |