--- title: "HSN Code for Of Artificial Fibres | HSN 55052000 GST Rate" description: "Find HSN and GST Rates for 55052000 related to Of Artificial Fibres with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-55052000/" --- # HSN Code 55052000: Of Artificial Fibres - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 55: Man-made staple fibres](https://busy.in/hsn/chapter-55/) - [Sub-chapter 5505: Herb seeds](https://busy.in/hsn/sub-chapter-5505/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of artificial fibres | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 55052000 ? It includes Of Polyesters ### Does packaging or labelling change the GST for Of Artificial Fibres? 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. ### Can we claim ITC on inputs used to trade Of Artificial Fibres? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Of Artificial Fibres? Under HSN 55052000, Of Artificial Fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Of Artificial Fibres? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Of Artificial Fibres is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Artificial Fibres; Nil for exempt items if applicable). ## India's trade performance: HSN Code 55052000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−56.45% YoY) — 0.0000% of India's total exports - Imports: ₹13 Cr (+67.67% YoY) — 0.0002% of India's total imports - Trade balance: −₹13 Cr (Deficit); surplus rank #9220 of 12657 HSN codes - Share of Sub-Chapter 5505: 0.39% of its exports; import side 16.54% - Rank within Sub-Chapter 5505: #3 of 3 by export value; import-side #3 ### Key metrics - Export CAGR: -14.68% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9258 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +214.75% in FY 2022-23 - Contribution to Sub-Ch. 5505: 0.39% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 55052000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5505 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5505 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 4.38% | 29.07 | 0.0008% | — | 16.24% | −28.37 | #7913 | | FY 2019-20 | 1.02 | 0.0000% | +45.71% | 6.62% | 12.65 | 0.0004% | −56.48% | 20.52% | −11.63 | #7602 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −21.57% | 11.96% | 4.20 | 0.0001% | −66.80% | 12.09% | −3.40 | #7847 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −23.75% | 2.96% | 4.85 | 0.0001% | +15.48% | 6.67% | −4.24 | #8436 | | FY 2022-23 | 1.92 | 0.0001% | +214.75% | 2.77% | 5.06 | 0.0001% | +4.33% | 4.64% | −3.14 | #7477 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −67.71% | 0.90% | 7.64 | 0.0001% | +50.99% | 10.20% | −7.02 | #8630 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −56.45% | 0.39% | 12.81 | 0.0002% | +67.67% | 16.54% | −12.54 | #9258 | - CAGR (7-year): exports -14.68%/yr, imports -12.77%/yr (consistently Deficit) ## Key trade insights: HSN Code 55052000 export-import analysis ### Export decline: -14.68% CAGR over 7 years India's exports under HSN Code 55052000 have declined at a compound annual rate of -14.68% over 7 fiscal years, falling from ₹0.70 Crore in FY 2018-19 to ₹0.27 Crore in FY 2024-25. ### HSN Code 55052000 ranked #9258 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 55052000 ranks #9258 out of 12657 HSN codes by total export value. Within Sub-Chapter 5505, it ranks #3 of 3. By trade surplus, it ranks #9220 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 55052000 exports The strongest single-year export movement for HSN Code 55052000 was recorded in FY 2022-23, when exports surged by 214.75% over the prior year. ### India records a trade deficit of ₹12.54 Crore in HSN Code 55052000 goods In FY 2024-25, India's imports of ₹12.81 Cr exceeded exports of ₹0.27 Cr, resulting in a trade deficit of ₹12.54 Crore — ranking #9220 of 12657 by surplus magnitude. ### Import growth of -12.77% CAGR signals stable import dependency for Of Artificial Fibres India's imports under HSN Code 55052000 have grown at -12.77% CAGR, reaching ₹12.81 Crore in FY 2024-25. ### HSN Code 55052000 contributes 0.39% of Sub-Chapter 5505 exports — ranked #3 Among the 3 HSN codes under Sub-Chapter 5505, HSN Code 55052000 ranks #3 by export value — accounting for 0.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.54% share (rank #3). ## Related HSN Codes in Sub-Chapter 5505 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 55051090: Of Synthetic Fibers \| Other](https://busy.in/hsn/hsn-55051090/) | ₹64 Cr | | #2 | [HSN Code 55051010: Of Synthetic Fibers \| Of Acrylic](https://busy.in/hsn/hsn-55051010/) | ₹5 Cr | | #3 | HSN Code 55052000: Of Artificial Fibres (this hsn code) | < ₹1 Crore |