--- title: "HSN Code for Artificial Filament Tow (Other) | HSN 55029090 GST Rate" description: "Find HSN and GST Rates for 55029090 related to Artificial Filament Tow (Other) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-55029090/" --- # HSN Code 55029090: Artificial Filament Tow (Other) - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 55: Man-made staple fibres](https://busy.in/hsn/chapter-55/) - [Sub-chapter 5502: Artificial filament tow](https://busy.in/hsn/sub-chapter-5502/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Artificial filament tow : Other: Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 55029090 ? It includes Para-aramid fibre ### How much GST applies to Artificial Filament Tow (Other)? Under HSN 55029090, Artificial Filament Tow (Other) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Artificial Filament Tow (Other)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Artificial Filament Tow (Other)? 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 Tow (Other)? 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 Tow (Other)? 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 55029090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore — 0.0000% of India's total exports - Imports: ₹4 Cr (+93.81% YoY) — 0.0001% of India's total imports - Trade balance: −₹4 Cr (Deficit); surplus rank #8463 of 12657 HSN codes - Share of Sub-Chapter 5502: 0.30% of its exports; import side 0.49% - Rank within Sub-Chapter 5502: #3 of 7 by export value; import-side #4 ### Key metrics - Export CAGR: 0.00% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #10193 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −100.00% in FY 2019-20 - Contribution to Sub-Ch. 5502: 0.30% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 55029090 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. 5502 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5502 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 25.00% | 14.58 | 0.0004% | — | 5.47% | −14.55 | #9664 | | FY 2019-20 | Nil | 0.0000% | −100.00% | — | 38.13 | 0.0011% | +161.52% | 13.80% | −38.13 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | 1.11 | 0.0000% | −97.09% | 0.41% | −1.11 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −65.77% | 0.14% | −0.38 | — | | FY 2022-23 | Nil | 0.0000% | — | 0.00% | 2.79 | 0.0000% | +634.21% | 0.55% | −2.79 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | 1.94 | 0.0000% | −30.47% | 0.26% | −1.94 | — | | FY 2024-25 | < ₹1 Crore | 0.0000% | — | 0.30% | 3.76 | 0.0001% | +93.81% | 0.49% | −3.73 | #10193 | - CAGR (7-year): exports 0.00%/yr, imports -20.22%/yr (consistently Deficit) ## Key trade insights: HSN Code 55029090 export-import analysis ### Consistent export growth: 0.00% CAGR over 7 years India's exports under HSN Code 55029090 have grown at a compound annual rate of 0.00% over 7 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25. ### HSN Code 55029090 ranked #10193 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 55029090 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 5502, it ranks #3 of 7. By trade surplus, it ranks #8463 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 55029090 exports The strongest single-year export movement for HSN Code 55029090 was recorded in FY 2019-20, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹3.73 Crore in HSN Code 55029090 goods In FY 2024-25, India's imports of ₹3.76 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹3.73 Crore — ranking #8463 of 12657 by surplus magnitude. ### Import growth of -20.22% CAGR signals stable import dependency for Artificial Filament Tow (Other) India's imports under HSN Code 55029090 have grown at -20.22% CAGR, reaching ₹3.76 Crore in FY 2024-25. ### HSN Code 55029090 contributes 0.30% of Sub-Chapter 5502 exports — ranked #3 Among the 7 HSN codes under Sub-Chapter 5502, HSN Code 55029090 ranks #3 by export value — accounting for 0.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.49% share (rank #4). ## Related HSN Codes in Sub-Chapter 5502 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 55021010: Viscose rayon tow, artificial filament tow](https://busy.in/hsn/hsn-55021010/) | ₹10 Cr | | #2 | [HSN Code 55021090: Artificial filament tow: Cellulose acetate](https://busy.in/hsn/hsn-55021090/) | < ₹1 Crore | | #3 | HSN Code 55029090: Artificial Filament Tow (Other) (this hsn code) | < ₹1 Crore | | — | [HSN Code 55029010: Viscose rayon tow](https://busy.in/hsn/hsn-55029010/) | Nil | | — | [HSN Code 55020010: Viscose Rayon Filament Tow](https://busy.in/hsn/hsn-55020010/) | — | | — | [HSN Code 55020020: Artificial filament tow – artificial filament tow : other](https://busy.in/hsn/hsn-55020020/) | — | | — | [HSN Code 55020090: Nylon Polyamide Staple Fibres Not Carded](https://busy.in/hsn/hsn-55020090/) | — |