HSN Code 55031990: Of nylon or other polyamides : Other : Other

HSN Code 55031990 represents Of nylon or other polyamides : Other : Other under GST classification. This code helps businesses identify Of nylon or other polyamides : Other : Other correctly for billing, taxation, and trade. With HSN Code 55031990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of nylon or other polyamides : Other : Other.

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Description of Goods for HSN Code 55031990

HSN Code 55031990 relates to the following description.

Description of Goods

Of nylon or other polyamides : Other : Other

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 55031990 not include?

Of nylon or other polyamides : Other : Other does not include products with the following descriptions.

HSN Code 55031000

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

HSN Code 55031100

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

HSN Code 55031900

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

HSN Code 55031930

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

HSN Code 55033000

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

HSN Code 55039030

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

India’s Trade Performance — HSN Code 55031990 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

< ₹1 Crore

+3,500.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹31 Cr

−4.75% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

−₹31 Cr

Trade Deficit

Surplus rank #9851 of 12657 HSN codes

% of Sub-Chapter 5503

FY 2024-25

0.03%

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

Import side: 1.86% of Sub-Chapter 5503’s imports

Rank Within Sub-Chapter 5503

FY 2024-25

#6 of 19

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

Import-side rank: #7 of 19

At a glance

#8525

National Export Rank

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

+3,500.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.03%

Contribution to Sub-Ch. 5503

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

India Export-Import Trade Statistics for HSN Code 55031990

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 #10338

Balance

−32.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5503

Imports

32.85 ₹ Cr

0.0006% share

— YoY

2.29% of Sub-Ch. 5503

FY 2024-25 Exp. Rank #8525

Balance

−30.57

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+3,500.00% YoY

0.03% of Sub-Ch. 5503

Imports

31.29 ₹ Cr

0.0005% share

−4.75% YoY

1.86% 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 55031990 Export-Import Analysis

Export Snapshot for HSN Code 55031990

India exported ₹0.72 Crore worth of Of nylon or other polyamides : Other : Other in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 55031990 Ranked #8525 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55031990 ranks #8525 out of 12657 HSN codes by total export value. Within Sub-Chapter 5503, it ranks #6 of 19. By trade surplus, it ranks #9851 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 55031990 Exports

The strongest single-year export movement for HSN Code 55031990 was recorded in FY 2024-25, when exports surged by 3,500.00% over the prior year.

India Records a Trade Deficit of ₹30.57 Crore in HSN Code 55031990 Goods

In FY 2024-25, India's imports of ₹31.29 Cr exceeded exports of ₹0.72 Cr, resulting in a trade deficit of ₹30.57 Crore — ranking #9851 of 12657 by surplus magnitude.

HSN Code 55031990 Contributes 0.03% of Sub-Chapter 5503 Exports — Ranked #6

Among the 19 HSN codes under Sub-Chapter 5503, HSN Code 55031990 ranks #6 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.86% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55031990 and GST compliance.

What products are classified under HSN 55031990 ?

It includes Pre-Oxidised Acrylic Fiber (Is 17308)

Does packaging or labelling change the GST for Of nylon or other polyamides : Other : 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 Of nylon or other polyamides : Other : 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.

How should mixed supplies be billed when Of nylon or other polyamides : Other : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of nylon or other polyamides : Other : Other; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Of nylon or other polyamides : Other : 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 Of nylon or other polyamides : Other : Other?

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

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.