HSN Code 55041090: Of viscose rayon: Other
HSN Code 55041090 represents Of viscose rayon: Other under GST classification. This code helps businesses identify Of viscose rayon: Other correctly for billing, taxation, and trade. With HSN Code 55041090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of viscose rayon: Other.
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Description of Goods for HSN Code 55041090
HSN Code 55041090 relates to the following description.
What does HSN Code 55041090 not include?
Of viscose rayon: Other 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 :Flame retardant Viscose Rayon fibre
Of viscose rayon: Obtained from bamboo : 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 :Flame retardant Viscose Rayon fibre
Of viscose rayon: Obtained from bamboo : Other
Other : Acetate rayon staple fibre
Other : Polynosic staple fibre
Other : High wet modulus staple fibre
Other : Other
India’s Trade Performance — HSN Code 55041090 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹830 Cr
0.0137% of India’s total imports
Trade Balance
FY 2024-25−₹829 Cr
Surplus rank #12147 of 12657 HSN codes
% of Sub-Chapter 5504
FY 2024-250.10%
Share of Sub-Chapter 5504’s total exports in FY 2024-25
Import side: 62.95% of Sub-Chapter 5504’s imports
Rank Within Sub-Chapter 5504
FY 2024-25#3 of 12
Position by export value among HSN codes in Sub-Chapter 5504
Import-side rank: #1 of 12
At a glance
#8424
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+2,50,579.17%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.10%
Contribution to Sub-Ch. 5504
Share of Sub-Chapter 5504 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 55041090
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
−433.42
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.08% of Sub-Ch. 5504
Imports
434.08 ₹ Cr
0.0149% share
— YoY
48.19% of Sub-Ch. 5504
Balance
−576.35
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−63.64% YoY
0.02% of Sub-Ch. 5504
Imports
576.59 ₹ Cr
0.0126% share
+32.83% YoY
41.17% of Sub-Ch. 5504
Balance
−1,163.20
Exports
601.63 ₹ Cr
0.0166% share
+2,50,579.17% YoY
61.76% of Sub-Ch. 5504
Imports
1,764.83 ₹ Cr
0.0307% share
+206.08% YoY
68.93% of Sub-Ch. 5504
Balance
−552.01
Exports
60.34 ₹ Cr
0.0017% share
−89.97% YoY
5.24% of Sub-Ch. 5504
Imports
612.35 ₹ Cr
0.0109% share
−65.30% YoY
56.32% of Sub-Ch. 5504
Balance
−829.49
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−98.66% YoY
0.10% of Sub-Ch. 5504
Imports
830.30 ₹ Cr
0.0137% share
+35.59% YoY
62.95% 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 55041090 Export-Import Analysis
Export Snapshot for HSN Code 55041090
India exported ₹0.81 Crore worth of Of viscose rayon: Other in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 55041090 Ranked #8424 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 55041090 ranks #8424 out of 12657 HSN codes by total export value. Within Sub-Chapter 5504, it ranks #3 of 12. By trade surplus, it ranks #12147 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 55041090 Exports
The strongest single-year export movement for HSN Code 55041090 was recorded in FY 2022-23, when exports surged by 2,50,579.17% over the prior year.
India Records a Trade Deficit of ₹829.49 Crore in HSN Code 55041090 Goods
In FY 2024-25, India's imports of ₹830.30 Cr exceeded exports of ₹0.81 Cr, resulting in a trade deficit of ₹829.49 Crore — ranking #12147 of 12657 by surplus magnitude.
HSN Code 55041090 Contributes 0.10% of Sub-Chapter 5504 Exports — Ranked #3
Among the 12 HSN codes under Sub-Chapter 5504, HSN Code 55041090 ranks #3 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 62.95% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 55041090 and GST compliance.
What products are classified under HSN 55041090 ?
It includes Other : Polynosic staple fibre
Does packaging or labelling change the GST for Of viscose rayon: Other?
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 Of viscose rayon: Other?
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 Of viscose rayon: Other?
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 Of viscose rayon: Other?
Under HSN 55041090, Of viscose rayon: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Of viscose rayon: Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of viscose rayon: Other; Nil for exempt items if applicable).