HSN Code 55033010: Pre-Oxidised Acrylic Fiber (Is 17308)

HSN Code 55033010 represents Pre-Oxidised Acrylic Fiber (Is 17308) under GST classification. This code helps businesses identify Pre-Oxidised Acrylic Fiber (Is 17308) correctly for billing, taxation, and trade. With HSN Code 55033010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pre-Oxidised Acrylic Fiber (Is 17308).

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Description of Goods for HSN Code 55033010

HSN Code 55033010 relates to the following description.

Description of Goods

Acrylic or modacrylic :Pre Oxidised Fibre, conforming to IS 17308

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 55033010 not include?

Pre-Oxidised Acrylic Fiber (Is 17308) 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 55033010 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

−94.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−96.50% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7952 of 12657 HSN codes

% of Sub-Chapter 5503

FY 2024-25

0.00%

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

Import side: 0.07% of Sub-Chapter 5503’s imports

Rank Within Sub-Chapter 5503

FY 2024-25

#10 of 19

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

Import-side rank: #11 of 19

At a glance

#10193

National Export Rank

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

−94.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.00%

Contribution to Sub-Ch. 5503

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

India Export-Import Trade Statistics for HSN Code 55033010

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 #8794

Balance

−32.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 5503

Imports

32.55 ₹ Cr

0.0006% share

YoY

2.27% of Sub-Ch. 5503

FY 2024-25 Exp. Rank #10193

Balance

−1.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−94.00% YoY

0.00% of Sub-Ch. 5503

Imports

1.14 ₹ Cr

0.0000% share

−96.50% YoY

0.07% 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 55033010 Export-Import Analysis

Export Snapshot for HSN Code 55033010

India exported ₹0.03 Crore worth of Pre-Oxidised Acrylic Fiber (Is 17308) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 55033010 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55033010 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 5503, it ranks #10 of 19. By trade surplus, it ranks #7952 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 55033010 Exports

The strongest single-year export movement for HSN Code 55033010 was recorded in FY 2024-25, when exports declined by 94.00% over the prior year.

India Records a Trade Deficit of ₹1.11 Crore in HSN Code 55033010 Goods

In FY 2024-25, India's imports of ₹1.14 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹1.11 Crore — ranking #7952 of 12657 by surplus magnitude.

HSN Code 55033010 Contributes 0.00% of Sub-Chapter 5503 Exports — Ranked #10

Among the 19 HSN codes under Sub-Chapter 5503, HSN Code 55033010 ranks #10 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55033010 and GST compliance.

What products are classified under HSN 55033010 ?

It includes Ultra High Molecular Weight Polyethylene Staple Fibre

Does packaging or labelling change the GST for Pre-Oxidised Acrylic Fiber (Is 17308)?

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 Pre-Oxidised Acrylic Fiber (Is 17308)?

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 Pre-Oxidised Acrylic Fiber (Is 17308) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pre-Oxidised Acrylic Fiber (Is 17308); Nil for exempt items if applicable).

How much GST applies to Pre-Oxidised Acrylic Fiber (Is 17308)?

Under HSN 55033010, Pre-Oxidised Acrylic Fiber (Is 17308) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Pre-Oxidised Acrylic Fiber (Is 17308)?

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

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.