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HSN Code 54060020: Artificial Filament Yarn for Retail Sale

HSN Code 54060020 represents Artificial Filament Yarn for Retail Sale under GST classification. This code helps businesses identify Artificial Filament Yarn for Retail Sale correctly for billing, taxation, and trade. With HSN Code 54060020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Filament Yarn for Retail Sale.

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Description of Goods for HSN Code 54060020

HSN Code 54060020 relates to the following description.

Description of Goods

Artificial filament yarn

Chapter

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

Sub Chapter

5406 - Man-made filament yarn (other than sewing thread), put up for retail sale

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

All goods other than Artificial filament yarn

Chapter

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

Sub Chapter

5406 - Man-made filament yarn (other than sewing thread), put up for retail sale

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 54060020 not include?

Artificial Filament Yarn for Retail Sale does not include products with the following descriptions.

HSN Code 54061000

Man-made filament yarn (other than sewing thread), put up for retail sale synthetic filament yarn

HSN Code 54062000

Man-made filament yarn (other than sewing thread), put up for retail sale artificial filament yarn

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India’s Trade Performance — HSN Code 54060020 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

+35.29% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

+1,300.00% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

< ₹1 Crore

Trade Surplus

Surplus rank #4852 of 12872 HSN codes

% of Sub-Chapter 5406

FY 2025-26

27.06%

Share of Sub-Chapter 5406’s total exports in FY 2025-26

Import side: 53.85% of Sub-Chapter 5406’s imports

Rank Within Sub-Chapter 5406

FY 2025-26

#2 of 4

Position by export value among HSN codes in Sub-Chapter 5406

Import-side rank: #1 of 4

At a glance

12.64%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#8676

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+159.38%

Peak Growth Year

FY 2023-24 · strongest single-year move

27.06%

Contribution to Sub-Ch. 5406

Share of Sub-Chapter 5406 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 54060020

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8546

Balance

−0.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

40.54% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

20.78% of Sub-Ch. 5406

FY 2019-20 Exp. Rank #8275

Balance

+0.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

72.58% of Sub-Ch. 5406

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5406

FY 2020-21 Exp. Rank #9183

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.56% YoY

4.51% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.41% of Sub-Ch. 5406

FY 2021-22 Exp. Rank #8985

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+154.55% YoY

6.01% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+2,100.00% YoY

7.77% of Sub-Ch. 5406

FY 2022-23 Exp. Rank #9015

Balance

+0.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+14.29% YoY

11.23% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−95.45% YoY

0.27% of Sub-Ch. 5406

FY 2023-24 Exp. Rank #8398

Balance

+0.53

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+159.38% YoY

19.72% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+2,900.00% YoY

11.90% of Sub-Ch. 5406

FY 2024-25 Exp. Rank #8811

Balance

+0.50

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−38.55% YoY

8.70% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−96.67% YoY

0.46% of Sub-Ch. 5406

FY 2025-26 Exp. Rank #8676

Balance

+0.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+35.29% YoY

27.06% of Sub-Ch. 5406

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,300.00% YoY

53.85% of Sub-Ch. 5406

CAGR · 8-Year

Exports

12.64% /yr

Imports

−17.32% /yr

Consistently Surplus
Sub-Chapter 5406 total

reference, FY 2025-26

Export

₹2.55 Cr

Import

₹0.26 Cr

Trade Balance

+2.29

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

Key Trade Insights: HSN Code 54060020 Export-Import Analysis

Consistent Export Growth: 12.64% CAGR Over 8 Years

India's exports under HSN Code 54060020 have grown at a compound annual rate of 12.64% over 8 fiscal years, rising from ₹0.30 Crore in FY 2018-19 to ₹0.69 Crore in FY 2025-26.

HSN Code 54060020 Ranked #8676 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 54060020 ranks #8676 out of 12872 HSN codes by total export value. Within Sub-Chapter 5406, it ranks #2 of 4. By trade surplus, it ranks #4852 of 12872.

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 ₹0.55 Crore in HSN Code 54060020 Goods

In FY 2025-26, India's exports of ₹0.69 Cr exceeded imports of ₹0.14 Cr, resulting in a trade surplus of ₹0.55 Crore — ranking #4852 of 12872 by surplus magnitude.

Import Growth of −17.32% CAGR Signals Stable Import Dependency for Artificial Filament Yarn for Retail Sale

India's imports under HSN Code 54060020 have grown at −17.32% CAGR, reaching ₹0.14 Crore in FY 2025-26.

HSN Code 54060020 Contributes 27.06% 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 27.06% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 53.85% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 54060020 and GST compliance.

What products are classified under HSN 54060020 ?

It includes Unbleached tent fabrics: Raw Tent

Can we claim ITC on inputs used to trade Artificial Filament Yarn for Retail Sale?

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 Artificial Filament Yarn for Retail Sale?

Under HSN 54060020, Artificial Filament Yarn for Retail Sale attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Artificial Filament Yarn for Retail Sale?

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 Artificial Filament Yarn for Retail Sale?

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 Artificial Filament Yarn for Retail Sale?

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.

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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.