HSN Code 55041011: Flame Retardant Viscose (Non-Bamboo)

HSN Code 55041011 represents Flame Retardant Viscose (Non-Bamboo) under GST classification. This code helps businesses identify Flame Retardant Viscose (Non-Bamboo) correctly for billing, taxation, and trade. With HSN Code 55041011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Flame Retardant Viscose (Non-Bamboo).

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Description of Goods for HSN Code 55041011

HSN Code 55041011 relates to the following description.

Description of Goods

Of viscose rayon: Obtained from wood other than bamboo :Flame retardant Viscose Rayon fibre

Chapter

55 - Man-made staple fibres

Sub Chapter

5504 - Artificial staple fibres, not carded, combed or otherwise processed for spinning

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 55041011 not include?

Flame Retardant Viscose (Non-Bamboo) does not include products with the following descriptions.

HSN Code 55041000

Artificial staple fibres, not carded, combed or otherwise processed for spinning - of viscose rayon

HSN Code 55041021

Of viscose rayon: Obtained from bamboo :Flame retardant Viscose Rayon fibre

India’s Trade Performance — HSN Code 55041011 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

₹89 Cr

−14.49% vs FY 2023-24

0.0024% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

+74.50% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹73 Cr

Trade Surplus

Surplus rank #1847 of 12657 HSN codes

% of Sub-Chapter 5504

FY 2024-25

10.92%

Share of Sub-Chapter 5504’s total exports in FY 2024-25

Import side: 1.19% of Sub-Chapter 5504’s imports

Rank Within Sub-Chapter 5504

FY 2024-25

#2 of 12

Position by export value among HSN codes in Sub-Chapter 5504

Import-side rank: #5 of 12

At a glance

#2829

National Export Rank

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

−14.49%

Peak Growth Year

FY 2024-25 · strongest single-year move

10.92%

Contribution to Sub-Ch. 5504

Share of Sub-Chapter 5504 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 55041011

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. 5504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

FY 2023-24 Exp. Rank #2527

Balance

+95.16

Exports

104.14 ₹ Cr

0.0029% share

— YoY

9.05% of Sub-Ch. 5504

Imports

8.98 ₹ Cr

0.0002% share

— YoY

0.83% of Sub-Ch. 5504

FY 2024-25 Exp. Rank #2829

Balance

+73.38

Exports

89.05 ₹ Cr

0.0024% share

−14.49% YoY

10.92% of Sub-Ch. 5504

Imports

15.67 ₹ Cr

0.0003% share

+74.50% YoY

1.19% of Sub-Ch. 5504

Sub-Chapter 5504 total

reference, FY 2024-25

Export

₹815.73 Cr

Import

₹1,318.91 Cr

Trade Balance

−503.18

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 55041011 Export-Import Analysis

Export Snapshot for HSN Code 55041011

India exported ₹89.05 Crore worth of Flame Retardant Viscose (Non-Bamboo) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 55041011 Ranked #2829 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55041011 ranks #2829 out of 12657 HSN codes by total export value. Within Sub-Chapter 5504, it ranks #2 of 12. By trade surplus, it ranks #1847 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 55041011 Exports

The strongest single-year export movement for HSN Code 55041011 was recorded in FY 2024-25, when exports declined by 14.49% over the prior year.

India Maintains a Trade Surplus of ₹73.38 Crore in HSN Code 55041011 Goods

In FY 2024-25, India's exports of ₹89.05 Cr exceeded imports of ₹15.67 Cr, resulting in a trade surplus of ₹73.38 Crore — ranking #1847 of 12657 by surplus magnitude.

HSN Code 55041011 Contributes 10.92% of Sub-Chapter 5504 Exports — Ranked #2

Among the 12 HSN codes under Sub-Chapter 5504, HSN Code 55041011 ranks #2 by export value — accounting for 10.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.19% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55041011 and GST compliance.

What products are classified under HSN 55041011 ?

It includes Flame Retardant Viscose Rayon Fibre Obtained from Bamboo

Do e‑way bill and e‑invoice apply for Flame Retardant Viscose (Non-Bamboo)?

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.

Any common misclassification issue with Flame Retardant Viscose (Non-Bamboo)?

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 Flame Retardant Viscose (Non-Bamboo)?

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.

How much GST applies to Flame Retardant Viscose (Non-Bamboo)?

Under HSN 55041011, Flame Retardant Viscose (Non-Bamboo) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Flame Retardant Viscose (Non-Bamboo) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Flame Retardant Viscose (Non-Bamboo); Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Flame Retardant Viscose (Non-Bamboo)?

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.