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HSN Code 55031120: Para-aramid fibre

HSN Code 55031120 represents Para-aramid fibre under GST classification. This code helps businesses identify Para-aramid fibre correctly for billing, taxation, and trade. With HSN Code 55031120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Para-aramid fibre.

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Description of Goods for HSN Code 55031120

HSN Code 55031120 relates to the following description.

Description of Goods

Of nylon or other polyamides : Of aramids:Para-aramid Fibre

Chapter

55 - Man-made staple fibres

Sub Chapter

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

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 55031120 not include?

Para-aramid fibre 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

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India’s Trade Performance — HSN Code 55031120 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 Cr

0.00% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹15 Cr

+23.89% vs FY 2024-25

0.0002% of India’s total imports

Trade Balance

FY 2025-26

−₹13 Cr

Trade Deficit

Surplus rank #9305 of 12872 HSN codes

% of Sub-Chapter 5503

FY 2025-26

0.07%

Share of Sub-Chapter 5503’s total exports in FY 2025-26

Import side: 0.77% of Sub-Chapter 5503’s imports

Rank Within Sub-Chapter 5503

FY 2025-26

#5 of 19

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

Import-side rank: #10 of 19

At a glance

#8094

National Export Rank

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

+11.90%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.07%

Contribution to Sub-Ch. 5503

Share of Sub-Chapter 5503 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 55031120

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

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 #8026

Balance

−7.54

Exports

1.26 ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 5503

Imports

8.80 ₹ Cr

0.0002% share

— YoY

0.61% of Sub-Ch. 5503

FY 2024-25 Exp. Rank #7927

Balance

−10.31

Exports

1.41 ₹ Cr

0.0000% share

+11.90% YoY

0.05% of Sub-Ch. 5503

Imports

11.72 ₹ Cr

0.0002% share

+33.18% YoY

0.70% of Sub-Ch. 5503

FY 2025-26 Exp. Rank #8094

Balance

−13.11

Exports

1.41 ₹ Cr

0.0000% share

0.00% YoY

0.07% of Sub-Ch. 5503

Imports

14.52 ₹ Cr

0.0002% share

+23.89% YoY

0.77% of Sub-Ch. 5503

Sub-Chapter 5503 total

reference, FY 2025-26

Export

₹1,891.97 Cr

Import

₹1,891.61 Cr

Trade Balance

+0.36

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

Key Trade Insights: HSN Code 55031120 Export-Import Analysis

Export Snapshot for HSN Code 55031120

India exported ₹1.41 Crore worth of Para-aramid fibre in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 55031120 Ranked #8094 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 55031120 ranks #8094 out of 12872 HSN codes by total export value. Within Sub-Chapter 5503, it ranks #5 of 19. By trade surplus, it ranks #9305 of 12872.

FY 2024-25 Was the Strongest Growth Year for HSN Code 55031120 Exports

The strongest single-year export movement for HSN Code 55031120 was recorded in FY 2024-25, when exports surged by 11.90% over the prior year.

India Records a Trade Deficit of ₹13.11 Crore in HSN Code 55031120 Goods

In FY 2025-26, India's imports of ₹14.52 Cr exceeded exports of ₹1.41 Cr, resulting in a trade deficit of ₹13.11 Crore — ranking #9305 of 12872 by surplus magnitude.

HSN Code 55031120 Contributes 0.07% of Sub-Chapter 5503 Exports — Ranked #5

Among the 19 HSN codes under Sub-Chapter 5503, HSN Code 55031120 ranks #5 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.77% share (rank #10).

Frequently Asked Questions

Clear answers to common queries about HSN Code 55031120 and GST compliance.

What products are classified under HSN 55031120 ?

It includes Nylon staple fibre

How should mixed supplies be billed when Para-aramid fibre is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Para-aramid fibre; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Para-aramid fibre?

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 Para-aramid fibre?

Under HSN 55031120, Para-aramid fibre attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Para-aramid fibre?

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.

Any common misclassification issue with Para-aramid fibre?

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

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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.