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HSN Code 55032000: Polyester Staple Fibres, Not Processed for Spinning

HSN Code 55032000 represents Polyester Staple Fibres, Not Processed for Spinning under GST classification. This code helps businesses identify Polyester Staple Fibres, Not Processed for Spinning correctly for billing, taxation, and trade. With HSN Code 55032000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Polyester Staple Fibres, Not Processed for Spinning.

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Description of Goods for HSN Code 55032000

HSN Code 55032000 relates to the following description.

Description of Goods

Of polyesters

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 55032000 not include?

Polyester Staple Fibres, Not Processed for Spinning 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

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India’s Trade Performance — HSN Code 55032000 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

₹1,762 Cr

−27.79% vs FY 2024-25

0.0452% of India’s total exports

India’s Imports

FY 2025-26

₹832 Cr

+20.59% vs FY 2024-25

0.0121% of India’s total imports

Trade Balance

FY 2025-26

₹930 Cr

Trade Surplus

Surplus rank #418 of 12872 HSN codes

% of Sub-Chapter 5503

FY 2025-26

93.13%

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

Import side: 44.00% of Sub-Chapter 5503’s imports

Rank Within Sub-Chapter 5503

FY 2025-26

#1 of 19

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

Import-side rank: #1 of 19

At a glance

−3.39%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#337

National Export Rank

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

+91.24%

Peak Growth Year

FY 2021-22 · strongest single-year move

93.13%

Contribution to Sub-Ch. 5503

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

India Export-Import Trade Statistics for HSN Code 55032000

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 Exp. Rank #137

Balance

+1,368.15

Exports

2,243.24 ₹ Cr

0.0982% share

— YoY

85.65% of Sub-Ch. 5503

Imports

875.09 ₹ Cr

0.0244% share

— YoY

57.59% of Sub-Ch. 5503

FY 2019-20 Exp. Rank #151

Balance

+1,129.21

Exports

2,045.42 ₹ Cr

0.0929% share

−8.82% YoY

85.16% of Sub-Ch. 5503

Imports

916.21 ₹ Cr

0.0274% share

+4.70% YoY

55.80% of Sub-Ch. 5503

FY 2020-21 Exp. Rank #196

Balance

+1,084.21

Exports

1,718.71 ₹ Cr

0.0799% share

−15.97% YoY

92.59% of Sub-Ch. 5503

Imports

634.50 ₹ Cr

0.0218% share

−30.75% YoY

54.31% of Sub-Ch. 5503

FY 2021-22 Exp. Rank #140

Balance

+2,527.96

Exports

3,286.94 ₹ Cr

0.1047% share

+91.24% YoY

94.39% of Sub-Ch. 5503

Imports

758.98 ₹ Cr

0.0166% share

+19.62% YoY

50.91% of Sub-Ch. 5503

FY 2022-23 Exp. Rank #215

Balance

+1,358.59

Exports

2,275.13 ₹ Cr

0.0628% share

−30.78% YoY

87.99% of Sub-Ch. 5503

Imports

916.54 ₹ Cr

0.0159% share

+20.76% YoY

50.03% of Sub-Ch. 5503

FY 2023-24 Exp. Rank #272

Balance

+1,324.47

Exports

1,844.71 ₹ Cr

0.0510% share

−18.92% YoY

90.32% of Sub-Ch. 5503

Imports

520.24 ₹ Cr

0.0093% share

−43.24% YoY

36.29% of Sub-Ch. 5503

FY 2024-25 Exp. Rank #216

Balance

+1,749.66

Exports

2,439.83 ₹ Cr

0.0663% share

+32.26% YoY

92.75% of Sub-Ch. 5503

Imports

690.17 ₹ Cr

0.0114% share

+32.66% YoY

41.08% of Sub-Ch. 5503

FY 2025-26 Exp. Rank #337

Balance

+929.64

Exports

1,761.92 ₹ Cr

0.0452% share

−27.79% YoY

93.13% of Sub-Ch. 5503

Imports

832.28 ₹ Cr

0.0121% share

+20.59% YoY

44.00% of Sub-Ch. 5503

CAGR · 8-Year

Exports

−3.39% /yr

Imports

−0.71% /yr

Consistently Surplus
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 55032000 Export-Import Analysis

Export Decline: −3.39% CAGR Over 8 Years

India's exports under HSN Code 55032000 have declined at a compound annual rate of −3.39% over 8 fiscal years, falling from ₹2,243.24 Crore in FY 2018-19 to ₹1,761.92 Crore in FY 2025-26.

HSN Code 55032000 Ranked #337 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 55032000 ranks #337 out of 12872 HSN codes by total export value. Within Sub-Chapter 5503, it ranks #1 of 19. By trade surplus, it ranks #418 of 12872.

FY 2021-22 Was the Strongest Growth Year for HSN Code 55032000 Exports

The strongest single-year export movement for HSN Code 55032000 was recorded in FY 2021-22, when exports surged by 91.24% over the prior year.

India Maintains a Trade Surplus of ₹929.64 Crore in HSN Code 55032000 Goods

In FY 2025-26, India's exports of ₹1,761.92 Cr exceeded imports of ₹832.28 Cr, resulting in a trade surplus of ₹929.64 Crore — ranking #418 of 12872 by surplus magnitude.

Import Growth of −0.71% CAGR Signals Stable Import Dependency for Polyester Staple Fibres, Not Processed for Spinning

India's imports under HSN Code 55032000 have grown at −0.71% CAGR, reaching ₹832.28 Crore in FY 2025-26.

HSN Code 55032000 Contributes 93.13% of Sub-Chapter 5503 Exports — Ranked #1

Among the 19 HSN codes under Sub-Chapter 5503, HSN Code 55032000 ranks #1 by export value — accounting for 93.13% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 44.00% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 55032000 and GST compliance.

What products are classified under HSN 55032000 ?

It includes Man-Made Staple Fibres

Do e‑way bill and e‑invoice apply for Polyester Staple Fibres, Not Processed for Spinning?

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 Polyester Staple Fibres, Not Processed for Spinning?

Under HSN 55032000, Polyester Staple Fibres, Not Processed for Spinning attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Polyester Staple Fibres, Not Processed for Spinning is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Polyester Staple Fibres, Not Processed for Spinning; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Polyester Staple Fibres, Not Processed for Spinning?

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 Polyester Staple Fibres, Not Processed for Spinning?

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.