--- title: "HSN Code for Dyed Polyester Suitings | HSN 54078240 GST Rate" description: "Find HSN and GST Rates for 54078240 related to Dyed Polyester Suitings with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-54078240/" --- # HSN Code 54078240: Dyed Polyester Suitings - [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 5407: Woven synthetic fabrics](https://busy.in/hsn/sub-chapter-5407/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Polyester suitings | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 54078240 ? It includes Dyed Lungies ### Any common misclassification issue with Dyed Polyester Suitings? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Dyed Polyester Suitings is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Dyed Polyester Suitings; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Dyed Polyester Suitings? 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 Dyed Polyester Suitings? 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. ### How much GST applies to Dyed Polyester Suitings? Under HSN 54078240, Dyed Polyester Suitings attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 54078240 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−34.43% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4889 of 12657 HSN codes - Share of Sub-Chapter 5407: 0.01% of its exports; import side 0.00% - Rank within Sub-Chapter 5407: #77 of 124 by export value; import-side #78 ### Key metrics - Export CAGR: -19.32% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9000 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +79.41% in FY 2023-24 - Contribution to Sub-Ch. 5407: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 54078240 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. 5407 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5407 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 1.45 | 0.0001% | — | 0.02% | < ₹1 Crore | 0.0000% | — | 0.02% | +1.18 | #7274 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −49.66% | 0.01% | < ₹1 Crore | 0.0000% | −85.19% | 0.00% | +0.69 | #7900 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +1.37% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.74 | #7910 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +4.05% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.75 | #8225 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −55.84% | 0.00% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +0.32 | #8971 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +79.41% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.61 | #8644 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −34.43% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.00% | +0.39 | #9000 | - CAGR (7-year): exports -19.32%/yr, imports -42.27%/yr (consistently Surplus) ## Key trade insights: HSN Code 54078240 export-import analysis ### Export decline: -19.32% CAGR over 7 years India's exports under HSN Code 54078240 have declined at a compound annual rate of -19.32% over 7 fiscal years, falling from ₹1.45 Crore in FY 2018-19 to ₹0.40 Crore in FY 2024-25. ### HSN Code 54078240 ranked #9000 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 54078240 ranks #9000 out of 12657 HSN codes by total export value. Within Sub-Chapter 5407, it ranks #77 of 124. By trade surplus, it ranks #4889 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 54078240 exports The strongest single-year export movement for HSN Code 54078240 was recorded in FY 2023-24, when exports surged by 79.41% over the prior year. ### India maintains a trade surplus of ₹0.39 Crore in HSN Code 54078240 goods In FY 2024-25, India's exports of ₹0.40 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.39 Crore — ranking #4889 of 12657 by surplus magnitude. ### Import growth of -42.27% CAGR signals stable import dependency for Dyed Polyester Suitings India's imports under HSN Code 54078240 have grown at -42.27% CAGR, reaching ₹0.01 Crore in FY 2024-25. ### HSN Code 54078240 contributes 0.01% of Sub-Chapter 5407 exports — ranked #77 Among the 124 HSN codes under Sub-Chapter 5407, HSN Code 54078240 ranks #77 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #78). ## Related HSN Codes in Sub-Chapter 5407 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 54072090: Woven fabrics: Other](https://busy.in/hsn/hsn-54072090/) | ₹1,071 Cr | | #2 | [HSN Code 54075490: Other Polyester Staple Fiber Yarns](https://busy.in/hsn/hsn-54075490/) | ₹1,048 Cr | | #3 | [HSN Code 54075290: Polyester Staple Fibre Yarn](https://busy.in/hsn/hsn-54075290/) | ₹899 Cr | | #4 | [HSN Code 54077200: Dyed ≥85% Synthetic Filament Fabrics](https://busy.in/hsn/hsn-54077200/) | ₹362 Cr | | #5 | [HSN Code 54079200: Other Woven Fabrics \| Dyed](https://busy.in/hsn/hsn-54079200/) | ₹359 Cr | | #6 | [HSN Code 54075210: Dyed Polyester Shirtings](https://busy.in/hsn/hsn-54075210/) | ₹351 Cr | | #7 | [HSN Code 54075240: Dyed Polyester Sarees](https://busy.in/hsn/hsn-54075240/) | ₹330 Cr | | #8 | [HSN Code 54071039: Synthetic Filament Yarn of Nylon](https://busy.in/hsn/hsn-54071039/) | ₹321 Cr | | #9 | [HSN Code 54077400: Printed ≥85% Synthetic Filament Fabrics](https://busy.in/hsn/hsn-54077400/) | ₹177 Cr | | #10 | [HSN Code 54078290: Other Dyed Fabrics](https://busy.in/hsn/hsn-54078290/) | ₹160 Cr | | #77 | HSN Code 54078240: Dyed Polyester Suitings (this hsn code) | < ₹1 Crore |