HSN Code 55039030: Ultra High Molecular Weight Polyethylene Staple Fibre

HSN Code 55039030 represents Ultra High Molecular Weight Polyethylene Staple Fibre under GST classification. This code helps businesses identify Ultra High Molecular Weight Polyethylene Staple Fibre correctly for billing, taxation, and trade. With HSN Code 55039030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ultra High Molecular Weight Polyethylene Staple Fibre.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 55039030

HSN Code 55039030 relates to the following description.

Description of Goods

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

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 55039030 not include?

Ultra High Molecular Weight Polyethylene 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

India’s Trade Performance — HSN Code 55039030 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5468 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: 0.00% 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

At a glance

#10193

National Export Rank

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

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 55039030

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

Balance

−0.01

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

FY 2024-25 Exp. Rank #10193

Balance

+0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5503

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% 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 55039030 Export-Import Analysis

Export Snapshot for HSN Code 55039030

India exported ₹0.03 Crore worth of Ultra High Molecular Weight Polyethylene Staple Fibre in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 55039030 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55039030 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 #5468 of 12657.

India Maintains a Trade Surplus of ₹0.03 Crore in HSN Code 55039030 Goods

In FY 2024-25, India's exports of ₹0.03 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.03 Crore — ranking #5468 of 12657 by surplus magnitude.

HSN Code 55039030 Contributes 0.00% of Sub-Chapter 5503 Exports — Ranked #10

Among the 19 HSN codes under Sub-Chapter 5503, HSN Code 55039030 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 0.00% share.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 55039030 and GST compliance.

What products are classified under HSN 55039030 ?

It includes Other | Polyvinyl Staple Fibre

How should mixed supplies be billed when Ultra High Molecular Weight Polyethylene Staple Fibre is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ultra High Molecular Weight Polyethylene Staple Fibre; Nil for exempt items if applicable).

Any common misclassification issue with Ultra High Molecular Weight Polyethylene 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.

Does packaging or labelling change the GST for Ultra High Molecular Weight Polyethylene 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.

Do e‑way bill and e‑invoice apply for Ultra High Molecular Weight Polyethylene Staple Fibre?

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 Ultra High Molecular Weight Polyethylene Staple Fibre?

Under HSN 55039030, Ultra High Molecular Weight Polyethylene Staple Fibre attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Ultra High Molecular Weight Polyethylene 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.

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.