HSN Code 55031110: Aramid Flame Retardant Fibre Yarns

HSN Code 55031110 represents Aramid Flame Retardant Fibre Yarns under GST classification. This code helps businesses identify Aramid Flame Retardant Fibre Yarns correctly for billing, taxation, and trade. With HSN Code 55031110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aramid Flame Retardant Fibre Yarns.

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Description of Goods for HSN Code 55031110

HSN Code 55031110 relates to the following description.

Description of Goods

Of nylon or other polyamides : Of aramids :Aramid Flame Retardant Fibre

Chapter

55 - Man-made staple fibres

Sub Chapter

5503 - Synthetic staple fibres, not carded, combed or otherwise processed for spinning

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 55031110 not include?

Aramid Flame Retardant Fibre Yarns does not include products with the following descriptions.

Synthetic staple fibres, not carded, combed or otherwise processed for spinning - of nylon or other polyamides

Synthetic staple fibres, not carded, combed or otherwise processed for spinning - of nylon or other polyamides - of aramides

Synthetic staple fibres, not carded, combed or otherwise processed for spinning - of nylon or other polyamides-others

Of nylon or other polyamides : Other : Nylon 66 fibre conforming to IS 13464

Synthetic staple fibres, not carded, combed or otherwise processed for spinning - acrylic or modacrylic

Other :Ultra high molecular weight polyethylene staple fibre conforming to ASTM F2848

India’s Trade Performance — HSN Code 55031110 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

₹4 Cr

+660.38% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹180 Cr

+12.98% vs FY 2023-24

0.0030% of India’s total imports

Trade Balance

FY 2024-25

−₹175 Cr

Trade Deficit

Surplus rank #11222 of 12657 HSN codes

% of Sub-Chapter 5503

FY 2024-25

0.15%

Share of Sub-Chapter 5503’s total exports in FY 2024-25

Import side: 10.69% of Sub-Chapter 5503’s imports

Rank Within Sub-Chapter 5503

FY 2024-25

#4 of 19

Position by export value among HSN codes in Sub-Chapter 5503

Import-side rank: #4 of 19

At a glance

#6874

National Export Rank

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

+660.38%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.15%

Contribution to Sub-Ch. 5503

Share of Sub-Chapter 5503 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 55031110

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

FY 2023-24 Exp. Rank #8755

Balance

−158.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 5503

Imports

158.90 ₹ Cr

0.0028% share

YoY

11.08% of Sub-Ch. 5503

FY 2024-25 Exp. Rank #6874

Balance

−175.49

Exports

4.03 ₹ Cr

0.0001% share

+660.38% YoY

0.15% of Sub-Ch. 5503

Imports

179.52 ₹ Cr

0.0030% share

+12.98% YoY

10.69% of Sub-Ch. 5503

Sub-Chapter 5503 total

reference, FY 2024-25

Export

₹2,630.42 Cr

Import

₹1,679.88 Cr

Trade Balance

+950.54

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

Key Trade Insights: HSN Code 55031110 Export-Import Analysis

Export Snapshot for HSN Code 55031110

India exported ₹4.03 Crore worth of Aramid Flame Retardant Fibre Yarns in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 55031110 Ranked #6874 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55031110 ranks #6874 out of 12657 HSN codes by total export value. Within Sub-Chapter 5503, it ranks #4 of 19. By trade surplus, it ranks #11222 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 55031110 Exports

The strongest single-year export movement for HSN Code 55031110 was recorded in FY 2024-25, when exports surged by 660.38% over the prior year.

India Records a Trade Deficit of ₹175.49 Crore in HSN Code 55031110 Goods

In FY 2024-25, India's imports of ₹179.52 Cr exceeded exports of ₹4.03 Cr, resulting in a trade deficit of ₹175.49 Crore — ranking #11222 of 12657 by surplus magnitude.

HSN Code 55031110 Contributes 0.15% of Sub-Chapter 5503 Exports — Ranked #4

Among the 19 HSN codes under Sub-Chapter 5503, HSN Code 55031110 ranks #4 by export value — accounting for 0.15% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.69% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55031110 and GST compliance.

What products are classified under HSN 55031110 ?

It includes Of nylon or other polyamides : Of aramids: Other

How much GST applies to Aramid Flame Retardant Fibre Yarns?

Under HSN 55031110, Aramid Flame Retardant Fibre Yarns attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Aramid Flame Retardant Fibre Yarns?

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.

Does packaging or labelling change the GST for Aramid Flame Retardant Fibre Yarns?

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.

Can we claim ITC on inputs used to trade Aramid Flame Retardant Fibre Yarns?

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

How should mixed supplies be billed when Aramid Flame Retardant Fibre Yarns is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aramid Flame Retardant Fibre Yarns; Nil for exempt items if applicable).

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.