Find GST Rates & HSN

HSN Code 55041019: Viscose rayon: Non-bamboo wood

HSN Code 55041019 represents Viscose rayon: Non-bamboo wood under GST classification. This code helps businesses identify Viscose rayon: Non-bamboo wood correctly for billing, taxation, and trade. With HSN Code 55041019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Viscose rayon: Non-bamboo wood.

Free Live Demo Available Today

Don’t Let HSN Mistakes Affect Your GST Filing

Manage correct HSN codes and GST rates with BUSY.

Trusted by 6,00,000+ Users
4.5 Google Rating
40K+ Monthly Downloads
Free Mobile App
+91

* No credit card required

Description of Goods for HSN Code 55041019

HSN Code 55041019 relates to the following description.

Description of Goods

Of viscose rayon: Obtained from wood other than bamboo : Other

Chapter

55 - Man-made staple fibres

Sub Chapter

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

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 55041019 not include?

Viscose rayon: Non-bamboo wood 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 55041011

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

HSN Code 55041021

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

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

* No credit card required

India’s Trade Performance — HSN Code 55041019 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

₹1,473 Cr

+102.94% vs FY 2024-25

0.0378% of India’s total exports

India’s Imports

FY 2025-26

₹116 Cr

−25.46% vs FY 2024-25

0.0017% of India’s total imports

Trade Balance

FY 2025-26

₹1,357 Cr

Trade Surplus

Surplus rank #298 of 12872 HSN codes

% of Sub-Chapter 5504

FY 2025-26

95.48%

Share of Sub-Chapter 5504’s total exports in FY 2025-26

Import side: 5.42% of Sub-Chapter 5504’s imports

Rank Within Sub-Chapter 5504

FY 2025-26

#1 of 12

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

Import-side rank: #3 of 12

At a glance

#405

National Export Rank

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

+102.94%

Peak Growth Year

FY 2025-26 · strongest single-year move

95.48%

Contribution to Sub-Ch. 5504

Share of Sub-Chapter 5504 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 55041019

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

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 #518

Balance

+917.30

Exports

985.99 ₹ Cr

0.0273% share

— YoY

85.70% of Sub-Ch. 5504

Imports

68.69 ₹ Cr

0.0012% share

— YoY

6.32% of Sub-Ch. 5504

FY 2024-25 Exp. Rank #705

Balance

+570.49

Exports

725.85 ₹ Cr

0.0197% share

−26.38% YoY

88.98% of Sub-Ch. 5504

Imports

155.36 ₹ Cr

0.0026% share

+126.18% YoY

11.78% of Sub-Ch. 5504

FY 2025-26 Exp. Rank #405

Balance

+1,357.21

Exports

1,473.01 ₹ Cr

0.0378% share

+102.94% YoY

95.48% of Sub-Ch. 5504

Imports

115.80 ₹ Cr

0.0017% share

−25.46% YoY

5.42% of Sub-Ch. 5504

Sub-Chapter 5504 total

reference, FY 2025-26

Export

₹1,542.68 Cr

Import

₹2,136.47 Cr

Trade Balance

−593.79

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

Key Trade Insights: HSN Code 55041019 Export-Import Analysis

Export Snapshot for HSN Code 55041019

India exported ₹1,473.01 Crore worth of Viscose rayon: Non-bamboo wood in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 55041019 Ranked #405 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 55041019 ranks #405 out of 12872 HSN codes by total export value. Within Sub-Chapter 5504, it ranks #1 of 12. By trade surplus, it ranks #298 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 55041019 Exports

The strongest single-year export movement for HSN Code 55041019 was recorded in FY 2025-26, when exports surged by 102.94% over the prior year.

India Maintains a Trade Surplus of ₹1,357.21 Crore in HSN Code 55041019 Goods

In FY 2025-26, India's exports of ₹1,473.01 Cr exceeded imports of ₹115.80 Cr, resulting in a trade surplus of ₹1,357.21 Crore — ranking #298 of 12872 by surplus magnitude.

HSN Code 55041019 Contributes 95.48% of Sub-Chapter 5504 Exports — Ranked #1

Among the 12 HSN codes under Sub-Chapter 5504, HSN Code 55041019 ranks #1 by export value — accounting for 95.48% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.42% share (rank #3).

Frequently Asked Questions

Clear answers to common queries about HSN Code 55041019 and GST compliance.

What products are classified under HSN 55041019 ?

It includes Of viscose rayon: Obtained from bamboo : Other

Do e‑way bill and e‑invoice apply for Viscose rayon: Non-bamboo wood?

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.

Does packaging or labelling change the GST for Viscose rayon: Non-bamboo wood?

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.

Any common misclassification issue with Viscose rayon: Non-bamboo wood?

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

Can we claim ITC on inputs used to trade Viscose rayon: Non-bamboo wood?

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 Viscose rayon: Non-bamboo wood is sold with other items?

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

How much GST applies to Viscose rayon: Non-bamboo wood?

Under HSN 55041019, Viscose rayon: Non-bamboo wood attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Found this useful? Add BUSY as a preferred source to see more of us on Google.

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.