HSN Code 55049090: Unprocessed artificial staple fibres | Other

HSN Code 55049090 represents Unprocessed artificial staple fibres | Other under GST classification. This code helps businesses identify Unprocessed artificial staple fibres | Other correctly for billing, taxation, and trade. With HSN Code 55049090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Unprocessed artificial staple fibres | Other.

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Description of Goods for HSN Code 55049090

HSN Code 55049090 relates to the following description.

Description of Goods

Other : Other

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 55049090 not include?

Unprocessed artificial staple fibres | Other 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

India’s Trade Performance — HSN Code 55049090 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

< ₹1 Crore

−85.71% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹295 Cr

−21.84% vs FY 2023-24

0.0049% of India’s total imports

Trade Balance

FY 2024-25

−₹295 Cr

Trade Deficit

Surplus rank #11581 of 12657 HSN codes

% of Sub-Chapter 5504

FY 2024-25

0.00%

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

Import side: 22.37% of Sub-Chapter 5504’s imports

Rank Within Sub-Chapter 5504

FY 2024-25

#4 of 12

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

Import-side rank: #2 of 12

At a glance

−55.28%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#10437

National Export Rank

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

+1,48,150.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.00%

Contribution to Sub-Ch. 5504

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

India Export-Import Trade Statistics for HSN Code 55049090

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 Exp. Rank #7415

Balance

−296.97

Exports

1.25 ₹ Cr

0.0001% share

— YoY

0.10% of Sub-Ch. 5504

Imports

298.22 ₹ Cr

0.0083% share

— YoY

30.75% of Sub-Ch. 5504

FY 2019-20 Exp. Rank #8720

Balance

−300.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.80% YoY

0.02% of Sub-Ch. 5504

Imports

300.37 ₹ Cr

0.0090% share

+0.72% YoY

27.41% of Sub-Ch. 5504

FY 2020-21 Exp. Rank #7745

Balance

−210.92

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+275.00% YoY

0.11% of Sub-Ch. 5504

Imports

211.82 ₹ Cr

0.0073% share

−29.48% YoY

23.51% of Sub-Ch. 5504

FY 2021-22 Exp. Rank #10058

Balance

−336.79

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−97.78% YoY

0.00% of Sub-Ch. 5504

Imports

336.81 ₹ Cr

0.0074% share

+59.01% YoY

24.05% of Sub-Ch. 5504

FY 2022-23 Exp. Rank #4192

Balance

−478.78

Exports

29.65 ₹ Cr

0.0008% share

+1,48,150.00% YoY

3.04% of Sub-Ch. 5504

Imports

508.43 ₹ Cr

0.0088% share

+50.95% YoY

19.86% of Sub-Ch. 5504

FY 2023-24 Exp. Rank #9929

Balance

−377.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.76% YoY

0.01% of Sub-Ch. 5504

Imports

377.49 ₹ Cr

0.0067% share

−25.75% YoY

34.72% of Sub-Ch. 5504

FY 2024-25 Exp. Rank #10437

Balance

−295.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.71% YoY

0.00% of Sub-Ch. 5504

Imports

295.05 ₹ Cr

0.0049% share

−21.84% YoY

22.37% of Sub-Ch. 5504

CAGR · 7-Year

Exports

−55.28% /yr

Imports

−0.18% /yr

Consistently Deficit
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 55049090 Export-Import Analysis

Export Decline: −55.28% CAGR Over 7 Years

India's exports under HSN Code 55049090 have declined at a compound annual rate of −55.28% over 7 fiscal years, falling from ₹1.25 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.

HSN Code 55049090 Ranked #10437 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55049090 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 5504, it ranks #4 of 12. By trade surplus, it ranks #11581 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 55049090 Exports

The strongest single-year export movement for HSN Code 55049090 was recorded in FY 2022-23, when exports surged by 1,48,150.00% over the prior year.

India Records a Trade Deficit of ₹295.04 Crore in HSN Code 55049090 Goods

In FY 2024-25, India's imports of ₹295.05 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹295.04 Crore — ranking #11581 of 12657 by surplus magnitude.

Import Growth of −0.18% CAGR Signals Stable Import Dependency for Unprocessed artificial staple fibres | Other

India's imports under HSN Code 55049090 have grown at −0.18% CAGR, reaching ₹295.05 Crore in FY 2024-25.

HSN Code 55049090 Contributes 0.00% of Sub-Chapter 5504 Exports — Ranked #4

Among the 12 HSN codes under Sub-Chapter 5504, HSN Code 55049090 ranks #4 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 22.37% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55049090 and GST compliance.

What products are classified under HSN 55049090 ?

It includes Of Synthetic Fibers | Other

How much GST applies to Unprocessed artificial staple fibres / Other?

Under HSN 55049090, Unprocessed artificial staple fibres / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Unprocessed artificial staple fibres / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Unprocessed artificial staple fibres / Other; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Unprocessed artificial staple fibres / 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.

Any common misclassification issue with Unprocessed artificial staple fibres / Other?

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 Unprocessed artificial staple fibres / Other?

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.