HSN Code 55052000: Of Artificial Fibres
HSN Code 55052000 represents Of Artificial Fibres under GST classification. This code helps businesses identify Of Artificial Fibres correctly for billing, taxation, and trade. With HSN Code 55052000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Artificial Fibres.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 55052000
HSN Code 55052000 relates to the following description.
What does HSN Code 55052000 not include?
Of Artificial Fibres does not include products with the following descriptions.
Of synthetic fibers : Of acrylic
Of synthetic fibers : Other
India’s Trade Performance — HSN Code 55052000 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₹13 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹13 Cr
Surplus rank #9220 of 12657 HSN codes
% of Sub-Chapter 5505
FY 2024-250.39%
Share of Sub-Chapter 5505’s total exports in FY 2024-25
Import side: 16.54% of Sub-Chapter 5505’s imports
Rank Within Sub-Chapter 5505
FY 2024-25#3 of 3
Position by export value among HSN codes in Sub-Chapter 5505
Import-side rank: #3 of 3
At a glance
−14.68%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9258
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+214.75%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.39%
Contribution to Sub-Ch. 5505
Share of Sub-Chapter 5505 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−28.37
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
4.38% of Sub-Ch. 5505
Imports
29.07 ₹ Cr
0.0008% share
— YoY
16.24% of Sub-Ch. 5505
Balance
−11.63
Exports
1.02 ₹ Cr
0.0000% share
+45.71% YoY
6.62% of Sub-Ch. 5505
Imports
12.65 ₹ Cr
0.0004% share
−56.48% YoY
20.52% of Sub-Ch. 5505
Balance
−3.40
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−21.57% YoY
11.96% of Sub-Ch. 5505
Imports
4.20 ₹ Cr
0.0001% share
−66.80% YoY
12.09% of Sub-Ch. 5505
Balance
−4.24
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−23.75% YoY
2.96% of Sub-Ch. 5505
Imports
4.85 ₹ Cr
0.0001% share
+15.48% YoY
6.67% of Sub-Ch. 5505
Balance
−3.14
Exports
1.92 ₹ Cr
0.0001% share
+214.75% YoY
2.77% of Sub-Ch. 5505
Imports
5.06 ₹ Cr
0.0001% share
+4.33% YoY
4.64% of Sub-Ch. 5505
Balance
−7.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−67.71% YoY
0.90% of Sub-Ch. 5505
Imports
7.64 ₹ Cr
0.0001% share
+50.99% YoY
10.20% of Sub-Ch. 5505
Balance
−12.54
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−56.45% YoY
0.39% of Sub-Ch. 5505
Imports
12.81 ₹ Cr
0.0002% share
+67.67% YoY
16.54% of Sub-Ch. 5505
CAGR · 7-Year
Exports
−14.68% /yr
Imports
−12.77% /yr
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).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 55052000 and GST compliance.
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).