HSN Code 55051090: Of Synthetic Fibers | Other
HSN Code 55051090 represents Of Synthetic Fibers | Other under GST classification. This code helps businesses identify Of Synthetic Fibers | Other correctly for billing, taxation, and trade. With HSN Code 55051090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Synthetic Fibers | Other.
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Description of Goods for HSN Code 55051090
HSN Code 55051090 relates to the following description.
What does HSN Code 55051090 not include?
Of Synthetic Fibers | Other does not include products with the following descriptions.
Of synthetic fibers : Of acrylic
Of artificial fibres
India’s Trade Performance — HSN Code 55051090 in FY 2024-25
India’s Exports
FY 2024-25₹64 Cr
0.0017% of India’s total exports
India’s Imports
FY 2024-25₹27 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25₹37 Cr
Surplus rank #2369 of 12657 HSN codes
% of Sub-Chapter 5505
FY 2024-2592.84%
Share of Sub-Chapter 5505’s total exports in FY 2024-25
Import side: 35.01% of Sub-Chapter 5505’s imports
Rank Within Sub-Chapter 5505
FY 2024-25#1 of 3
Position by export value among HSN codes in Sub-Chapter 5505
Import-side rank: #2 of 3
At a glance
27.29%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3272
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+248.76%
Peak Growth Year
FY 2021-22 · strongest single-year move
92.84%
Contribution to Sub-Ch. 5505
Share of Sub-Chapter 5505 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 55051090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−47.73
Exports
15.12 ₹ Cr
0.0007% share
— YoY
94.50% of Sub-Ch. 5505
Imports
62.85 ₹ Cr
0.0018% share
— YoY
35.11% of Sub-Ch. 5505
Balance
−7.89
Exports
11.22 ₹ Cr
0.0005% share
−25.79% YoY
72.86% of Sub-Ch. 5505
Imports
19.11 ₹ Cr
0.0006% share
−69.59% YoY
31.00% of Sub-Ch. 5505
Balance
−18.41
Exports
5.64 ₹ Cr
0.0003% share
−49.73% YoY
84.30% of Sub-Ch. 5505
Imports
24.05 ₹ Cr
0.0008% share
+25.85% YoY
69.21% of Sub-Ch. 5505
Balance
−9.49
Exports
19.67 ₹ Cr
0.0006% share
+248.76% YoY
95.44% of Sub-Ch. 5505
Imports
29.16 ₹ Cr
0.0006% share
+21.25% YoY
40.08% of Sub-Ch. 5505
Balance
+27.58
Exports
66.43 ₹ Cr
0.0018% share
+237.72% YoY
95.98% of Sub-Ch. 5505
Imports
38.85 ₹ Cr
0.0007% share
+33.23% YoY
35.61% of Sub-Ch. 5505
Balance
+34.07
Exports
67.52 ₹ Cr
0.0019% share
+1.64% YoY
97.87% of Sub-Ch. 5505
Imports
33.45 ₹ Cr
0.0006% share
−13.90% YoY
44.66% of Sub-Ch. 5505
Balance
+37.20
Exports
64.31 ₹ Cr
0.0017% share
−4.75% YoY
92.84% of Sub-Ch. 5505
Imports
27.11 ₹ Cr
0.0004% share
−18.95% YoY
35.01% of Sub-Ch. 5505
CAGR · 7-Year
Exports
27.29% /yr
Imports
−13.08% /yr
Key Trade Insights: HSN Code 55051090 Export-Import Analysis
Consistent Export Growth: 27.29% CAGR Over 7 Years
India's exports under HSN Code 55051090 have grown at a compound annual rate of 27.29% over 7 fiscal years, rising from ₹15.12 Crore in FY 2018-19 to ₹64.31 Crore in FY 2024-25.
HSN Code 55051090 Ranked #3272 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 55051090 ranks #3272 out of 12657 HSN codes by total export value. Within Sub-Chapter 5505, it ranks #1 of 3. By trade surplus, it ranks #2369 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 55051090 Exports
The strongest single-year export movement for HSN Code 55051090 was recorded in FY 2021-22, when exports surged by 248.76% over the prior year.
India Maintains a Trade Surplus of ₹37.20 Crore in HSN Code 55051090 Goods
In FY 2024-25, India's exports of ₹64.31 Cr exceeded imports of ₹27.11 Cr, resulting in a trade surplus of ₹37.20 Crore — ranking #2369 of 12657 by surplus magnitude.
Import Growth of −13.08% CAGR Signals Stable Import Dependency for Of Synthetic Fibers | Other
India's imports under HSN Code 55051090 have grown at −13.08% CAGR, reaching ₹27.11 Crore in FY 2024-25.
HSN Code 55051090 Contributes 92.84% of Sub-Chapter 5505 Exports — Ranked #1
Among the 3 HSN codes under Sub-Chapter 5505, HSN Code 55051090 ranks #1 by export value — accounting for 92.84% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 35.01% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 55051090 and GST compliance.
What products are classified under HSN 55051090 ?
It includes Of nylon or other polyamides
How should mixed supplies be billed when Of Synthetic Fibers / Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Synthetic Fibers / Other; Nil for exempt items if applicable).
Any common misclassification issue with Of Synthetic Fibers / Other?
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 Of Synthetic Fibers / 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.
How much GST applies to Of Synthetic Fibers / Other?
Under HSN 55051090, Of Synthetic Fibers / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Of Synthetic Fibers / 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.