HSN Code 55061000: Of nylon or other polyamides
HSN Code 55061000 represents Of nylon or other polyamides under GST classification. This code helps businesses identify Of nylon or other polyamides correctly for billing, taxation, and trade. With HSN Code 55061000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of nylon or other polyamides.
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Description of Goods for HSN Code 55061000
HSN Code 55061000 relates to the following description.
What does HSN Code 55061000 not include?
Of nylon or other polyamides does not include products with the following descriptions.
Of polyesters
Acrylic or modacrylic
Of Polypropylene
Other : Polypropylene tops
Other : Other
India’s Trade Performance — HSN Code 55061000 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₹20 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25−₹19 Cr
Surplus rank #9529 of 12657 HSN codes
% of Sub-Chapter 5506
FY 2024-250.83%
Share of Sub-Chapter 5506’s total exports in FY 2024-25
Import side: 55.92% of Sub-Chapter 5506’s imports
Rank Within Sub-Chapter 5506
FY 2024-25#4 of 6
Position by export value among HSN codes in Sub-Chapter 5506
Import-side rank: #1 of 6
At a glance
27.68%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9282
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,050.00%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.83%
Contribution to Sub-Ch. 5506
Share of Sub-Chapter 5506 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 55061000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−18.38
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.60% of Sub-Ch. 5506
Imports
18.44 ₹ Cr
0.0005% share
— YoY
60.74% of Sub-Ch. 5506
Balance
−18.90
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,050.00% YoY
7.53% of Sub-Ch. 5506
Imports
19.59 ₹ Cr
0.0006% share
+6.24% YoY
64.40% of Sub-Ch. 5506
Balance
−10.82
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+21.74% YoY
10.32% of Sub-Ch. 5506
Imports
11.66 ₹ Cr
0.0004% share
−40.48% YoY
51.78% of Sub-Ch. 5506
Balance
−11.71
Exports
1.13 ₹ Cr
0.0000% share
+34.52% YoY
8.01% of Sub-Ch. 5506
Imports
12.84 ₹ Cr
0.0003% share
+10.12% YoY
33.75% of Sub-Ch. 5506
Balance
−16.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−70.80% YoY
2.04% of Sub-Ch. 5506
Imports
16.65 ₹ Cr
0.0003% share
+29.67% YoY
43.11% of Sub-Ch. 5506
Balance
−14.37
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−27.27% YoY
1.31% of Sub-Ch. 5506
Imports
14.61 ₹ Cr
0.0003% share
−12.25% YoY
48.52% of Sub-Ch. 5506
Balance
−19.26
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+8.33% YoY
0.83% of Sub-Ch. 5506
Imports
19.52 ₹ Cr
0.0003% share
+33.61% YoY
55.92% of Sub-Ch. 5506
CAGR · 7-Year
Exports
27.68% /yr
Imports
0.95% /yr
Key Trade Insights: HSN Code 55061000 Export-Import Analysis
Consistent Export Growth: 27.68% CAGR Over 7 Years
India's exports under HSN Code 55061000 have grown at a compound annual rate of 27.68% over 7 fiscal years, rising from ₹0.06 Crore in FY 2018-19 to ₹0.26 Crore in FY 2024-25.
HSN Code 55061000 Ranked #9282 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 55061000 ranks #9282 out of 12657 HSN codes by total export value. Within Sub-Chapter 5506, it ranks #4 of 6. By trade surplus, it ranks #9529 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 55061000 Exports
The strongest single-year export movement for HSN Code 55061000 was recorded in FY 2019-20, when exports surged by 1,050.00% over the prior year.
India Records a Trade Deficit of ₹19.26 Crore in HSN Code 55061000 Goods
In FY 2024-25, India's imports of ₹19.52 Cr exceeded exports of ₹0.26 Cr, resulting in a trade deficit of ₹19.26 Crore — ranking #9529 of 12657 by surplus magnitude.
Import Growth of 0.95% CAGR Signals Stable Import Dependency for Of nylon or other polyamides
India's imports under HSN Code 55061000 have grown at 0.95% CAGR, reaching ₹19.52 Crore in FY 2024-25.
HSN Code 55061000 Contributes 0.83% of Sub-Chapter 5506 Exports — Ranked #4
Among the 6 HSN codes under Sub-Chapter 5506, HSN Code 55061000 ranks #4 by export value — accounting for 0.83% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 55.92% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 55061000 and GST compliance.
What products are classified under HSN 55061000 ?
It includes Acrylic or modacrylic
Does packaging or labelling change the GST for Of nylon or other polyamides?
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 should mixed supplies be billed when Of nylon or other polyamides is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of nylon or other polyamides; Nil for exempt items if applicable).
Any common misclassification issue with Of nylon or other polyamides?
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 nylon or other polyamides?
Under HSN 55061000, Of nylon or other polyamides attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Of nylon or other polyamides?
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.