HSN Code 55039010: Other | Polyvinyl Staple Fibre

HSN Code 55039010 represents Other | Polyvinyl Staple Fibre under GST classification. This code helps businesses identify Other | Polyvinyl Staple Fibre correctly for billing, taxation, and trade. With HSN Code 55039010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Polyvinyl Staple Fibre.

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Description of Goods for HSN Code 55039010

HSN Code 55039010 relates to the following description.

Description of Goods

Other : Polyvinyl staple 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 55039010 not include?

Other | Polyvinyl Staple 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

India’s Trade Performance — HSN Code 55039010 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−99.31% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7367 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: 0.01% of Sub-Chapter 5503’s imports

At a glance

+488.89%

Peak Growth Year

FY 2019-20 · 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 55039010

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 Exp. Rank #9231

Balance

−7.89

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

7.98 ₹ Cr

0.0002% share

YoY

0.53% of Sub-Ch. 5503

FY 2019-20 Exp. Rank #8168

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+488.89% YoY

0.02% of Sub-Ch. 5503

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.98% YoY

0.04% of Sub-Ch. 5503

FY 2020-21 Exp. Rank #9622

Balance

−2.93

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−92.45% YoY

0.00% of Sub-Ch. 5503

Imports

2.97 ₹ Cr

0.0001% share

+364.06% YoY

0.25% of Sub-Ch. 5503

FY 2021-22

Balance

−6.98

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5503

Imports

6.98 ₹ Cr

0.0002% share

+135.02% YoY

0.47% of Sub-Ch. 5503

FY 2022-23

Balance

−11.02

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

11.02 ₹ Cr

0.0002% share

+57.88% YoY

0.60% of Sub-Ch. 5503

FY 2023-24

Balance

−14.43

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

14.43 ₹ Cr

0.0003% share

+30.94% YoY

1.01% of Sub-Ch. 5503

FY 2024-25

Balance

−0.10

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.31% YoY

0.01% of Sub-Ch. 5503

CAGR · 7-Year

Exports

Imports

−51.81% /yr

Consistently Deficit
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 55039010 Export-Import Analysis

Export Snapshot for HSN Code 55039010

India exported ₹0.00 Crore worth of Other | Polyvinyl Staple Fibre in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2019-20 Was the Strongest Growth Year for HSN Code 55039010 Exports

The strongest single-year export movement for HSN Code 55039010 was recorded in FY 2019-20, when exports surged by 488.89% over the prior year.

India Records a Trade Deficit of ₹0.10 Crore in HSN Code 55039010 Goods

In FY 2024-25, India's imports of ₹0.10 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.10 Crore — ranking #7367 of 12657 by surplus magnitude.

Import Growth of −51.81% CAGR Signals Stable Import Dependency for Other | Polyvinyl Staple Fibre

India's imports under HSN Code 55039010 have grown at −51.81% CAGR, reaching ₹0.10 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55039010 and GST compliance.

What products are classified under HSN 55039010 ?

It includes Unprocessed synthetic staple fibres | Other

Can we claim ITC on inputs used to trade Other / Polyvinyl Staple 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 should mixed supplies be billed when Other / Polyvinyl Staple Fibre is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Polyvinyl Staple Fibre; Nil for exempt items if applicable).

Any common misclassification issue with Other / Polyvinyl Staple Fibre?

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

How much GST applies to Other / Polyvinyl Staple Fibre?

Under HSN 55039010, Other / Polyvinyl Staple Fibre attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other / Polyvinyl Staple 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.

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.