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HSN Code 55041029: Other Viscose Rayon Staple Fibres Obtained from Bamboo

HSN Code 55041029 represents Other Viscose Rayon Staple Fibres Obtained from Bamboo under GST classification. This code helps businesses identify Other Viscose Rayon Staple Fibres Obtained from Bamboo correctly for billing, taxation, and trade. With HSN Code 55041029, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Viscose Rayon Staple Fibres Obtained from Bamboo.

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Description of Goods for HSN Code 55041029

HSN Code 55041029 relates to the following description.

Description of Goods

Of viscose rayon: Obtained from 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 55041029 not include?

Other Viscose Rayon Staple Fibres Obtained from 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 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

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India’s Trade Performance — HSN Code 55041029 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 Crore

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹18 Cr

−5.99% vs FY 2024-25

0.0003% of India’s total imports

Trade Balance

FY 2025-26

−₹18 Cr

Trade Deficit

Surplus rank #9545 of 12872 HSN codes

% of Sub-Chapter 5504

FY 2025-26

0.00%

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

Import side: 0.84% of Sub-Chapter 5504’s imports

Rank Within Sub-Chapter 5504

FY 2025-26

#5 of 12

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

Import-side rank: #4 of 12

At a glance

#10399

National Export Rank

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

0.00%

Contribution to Sub-Ch. 5504

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

India Export-Import Trade Statistics for HSN Code 55041029

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

Balance

−16.28

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

16.28 ₹ Cr

0.0003% share

— YoY

1.50% of Sub-Ch. 5504

FY 2024-25

Balance

−19.03

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

19.03 ₹ Cr

0.0003% share

+16.89% YoY

1.44% of Sub-Ch. 5504

FY 2025-26 Exp. Rank #10399

Balance

−17.87

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5504

Imports

17.89 ₹ Cr

0.0003% share

−5.99% YoY

0.84% 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 55041029 Export-Import Analysis

Export Snapshot for HSN Code 55041029

India exported ₹0.02 Crore worth of Other Viscose Rayon Staple Fibres Obtained from Bamboo in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 55041029 Ranked #10399 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 55041029 ranks #10399 out of 12872 HSN codes by total export value. Within Sub-Chapter 5504, it ranks #5 of 12. By trade surplus, it ranks #9545 of 12872.

India Records a Trade Deficit of ₹17.87 Crore in HSN Code 55041029 Goods

In FY 2025-26, India's imports of ₹17.89 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹17.87 Crore — ranking #9545 of 12872 by surplus magnitude.

HSN Code 55041029 Contributes 0.00% of Sub-Chapter 5504 Exports — Ranked #5

Among the 12 HSN codes under Sub-Chapter 5504, HSN Code 55041029 ranks #5 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.84% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 55041029 and GST compliance.

What products are classified under HSN 55041029 ?

It includes Other | Acetate Rayon Staple Fibre

Any common misclassification issue with Other Viscose Rayon Staple Fibres 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.

Does packaging or labelling change the GST for Other Viscose Rayon Staple Fibres 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 much GST applies to Other Viscose Rayon Staple Fibres Obtained from Bamboo?

Under HSN 55041029, Other Viscose Rayon Staple Fibres Obtained from Bamboo attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other Viscose Rayon Staple Fibres 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 Other Viscose Rayon Staple Fibres Obtained from Bamboo; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Other Viscose Rayon Staple Fibres 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.

Can we claim ITC on inputs used to trade Other Viscose Rayon Staple Fibres 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.

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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.