HSN Code 55041021: Flame Retardant Viscose Rayon Fibre Obtained from Bamboo
HSN Code 55041021 represents Flame Retardant Viscose Rayon Fibre Obtained from Bamboo under GST classification. This code helps businesses identify Flame Retardant Viscose Rayon Fibre Obtained from Bamboo correctly for billing, taxation, and trade. With HSN Code 55041021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Flame Retardant Viscose Rayon Fibre Obtained from Bamboo.
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Description of Goods for HSN Code 55041021
HSN Code 55041021 relates to the following description.
What does HSN Code 55041021 not include?
Flame Retardant Viscose Rayon Fibre Obtained from Bamboo does not include products with the following descriptions.
Artificial staple fibres, not carded, combed or otherwise processed for spinning - of viscose rayon
Obtained from wood other than bamboo
Of viscose rayon: Obtained from wood other than bamboo :Flame retardant Viscose Rayon fibre
Of viscose rayon: Obtained from wood other than bamboo : Other
Obtained from bamboo
Of viscose rayon: Obtained from bamboo : Other
Of viscose rayon: Other
Other : Acetate rayon staple fibre
Other : Polynosic staple fibre
Other : High wet modulus staple fibre
Other : Other
Artificial staple fibres, not carded, combed or otherwise processed for spinning - of viscose rayon
Obtained from wood other than bamboo
Of viscose rayon: Obtained from wood other than bamboo :Flame retardant Viscose Rayon fibre
Of viscose rayon: Obtained from wood other than bamboo : Other
Obtained from bamboo
Of viscose rayon: Obtained from bamboo : Other
Of viscose rayon: Other
Other : Acetate rayon staple fibre
Other : Polynosic staple fibre
Other : High wet modulus staple fibre
Other : Other
India’s Trade Performance — HSN Code 55041021 in FY 2024-25
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹4 Cr
Surplus rank #8428 of 12657 HSN codes
% of Sub-Chapter 5504
FY 2024-250.00%
Share of Sub-Chapter 5504’s total exports in FY 2024-25
Import side: 0.27% of Sub-Chapter 5504’s imports
India Export-Import Trade Statistics for HSN Code 55041021
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
Balance
−3.40
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5504
Imports
3.40 ₹ Cr
0.0001% share
— YoY
0.31% of Sub-Ch. 5504
Balance
−3.50
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5504
Imports
3.50 ₹ Cr
0.0001% share
+2.94% YoY
0.27% of Sub-Ch. 5504
reference, FY 2024-25
Export
₹815.73 Cr
Import
₹1,318.91 Cr
Trade Balance
−503.18
Key Trade Insights: HSN Code 55041021 Export-Import Analysis
Export Snapshot for HSN Code 55041021
India exported ₹0.00 Crore worth of Flame Retardant Viscose Rayon Fibre Obtained from Bamboo in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
India Records a Trade Deficit of ₹3.50 Crore in HSN Code 55041021 Goods
In FY 2024-25, India's imports of ₹3.50 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹3.50 Crore — ranking #8428 of 12657 by surplus magnitude.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 55041021 and GST compliance.
What products are classified under HSN 55041021 ?
It includes Of viscose rayon: Other
Any common misclassification issue with Flame Retardant Viscose Rayon Fibre Obtained from Bamboo?
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 Flame Retardant Viscose Rayon Fibre Obtained from Bamboo?
Under HSN 55041021, Flame Retardant Viscose Rayon Fibre Obtained from Bamboo attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Flame Retardant Viscose Rayon Fibre Obtained from 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 should mixed supplies be billed when Flame Retardant Viscose Rayon Fibre Obtained from 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 Rayon Fibre Obtained from Bamboo; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Flame Retardant Viscose Rayon Fibre Obtained from Bamboo?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Flame Retardant Viscose Rayon Fibre Obtained from 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.