---
title: "HSN Code for Of Polyesters | HSN 55062000 GST Rate"
description: "Find HSN and GST Rates for 55062000 related to Of Polyesters with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-55062000/"
---

# HSN Code 55062000: Of Polyesters

- [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 5506: Retail sewing thread](https://busy.in/hsn/sub-chapter-5506/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of polyesters | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 55062000 ?

It includes Of Polypropylene

### Do e‑way bill and e‑invoice apply for Of Polyesters?

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.

### Does packaging or labelling change the GST for Of Polyesters?

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 Of Polyesters?

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 Polyesters is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Polyesters; Nil for exempt items if applicable).

### How much GST applies to Of Polyesters?

Under HSN 55062000, Of Polyesters attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 55062000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹17 Cr (+86.32% YoY) — 0.0005% of India's total exports
- Imports: ₹15 Cr (+32.14% YoY) — 0.0002% of India's total imports
- Trade balance: ₹2 Cr (Surplus); surplus rank #4250 of 12657 HSN codes
- Share of Sub-Chapter 5506: 54.08% of its exports; import side 43.34%
- Rank within Sub-Chapter 5506: #1 of 6 by export value; import-side #2

### Key metrics

- Export CAGR: 24.42% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5095 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +113.45% in FY 2021-22
- Contribution to Sub-Ch. 5506: 54.08% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 55062000

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. 5506 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5506 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 4.59 | 0.0002% | — | 45.72% | 5.38 | 0.0002% | — | 17.72% | −0.79 | #5962 |
| FY 2019-20 | 2.98 | 0.0001% | −35.08% | 32.53% | 3.37 | 0.0001% | −37.36% | 11.08% | −0.39 | #6473 |
| FY 2020-21 | 2.90 | 0.0001% | −2.68% | 35.63% | 4.96 | 0.0002% | +47.18% | 22.02% | −2.06 | #6597 |
| FY 2021-22 | 6.19 | 0.0002% | +113.45% | 43.87% | 11.85 | 0.0003% | +138.91% | 31.15% | −5.66 | #6093 |
| FY 2022-23 | 5.41 | 0.0001% | −12.60% | 33.40% | 14.69 | 0.0003% | +23.97% | 38.04% | −9.28 | #6377 |
| FY 2023-24 | 9.14 | 0.0003% | +68.95% | 49.95% | 11.45 | 0.0002% | −22.06% | 38.03% | −2.31 | #5841 |
| FY 2024-25 | 17.03 | 0.0005% | +86.32% | 54.08% | 15.13 | 0.0002% | +32.14% | 43.34% | +1.90 | #5095 |

- CAGR (7-year): exports 24.42%/yr, imports 18.81%/yr (consistently Surplus)

## Key trade insights: HSN Code 55062000 export-import analysis

### Consistent export growth: 24.42% CAGR over 7 years

India's exports under HSN Code 55062000 have grown at a compound annual rate of 24.42% over 7 fiscal years, rising from ₹4.59 Crore in FY 2018-19 to ₹17.03 Crore in FY 2024-25.

### HSN Code 55062000 ranked #5095 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 55062000 ranks #5095 out of 12657 HSN codes by total export value. Within Sub-Chapter 5506, it ranks #1 of 6. By trade surplus, it ranks #4250 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 55062000 exports

The strongest single-year export movement for HSN Code 55062000 was recorded in FY 2021-22, when exports surged by 113.45% over the prior year.

### India maintains a trade surplus of ₹1.90 Crore in HSN Code 55062000 goods

In FY 2024-25, India's exports of ₹17.03 Cr exceeded imports of ₹15.13 Cr, resulting in a trade surplus of ₹1.90 Crore — ranking #4250 of 12657 by surplus magnitude.

### Import growth of 18.81% CAGR signals rising demand for Of Polyesters

India's imports under HSN Code 55062000 have grown at 18.81% CAGR, reaching ₹15.13 Crore in FY 2024-25.

### HSN Code 55062000 contributes 54.08% of Sub-Chapter 5506 exports — ranked #1

Among the 6 HSN codes under Sub-Chapter 5506, HSN Code 55062000 ranks #1 by export value — accounting for 54.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 43.34% share (rank #2).

## Related HSN Codes in Sub-Chapter 5506

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 55062000: Of Polyesters (this hsn code) | ₹17 Cr |
| #2 | [HSN Code 55063000: Acrylic or modacrylic](https://busy.in/hsn/hsn-55063000/) | ₹14 Cr |
| #3 | [HSN Code 55069090: Other : Other](https://busy.in/hsn/hsn-55069090/) | < ₹1 Crore |
| #4 | [HSN Code 55061000: Of nylon or other polyamides](https://busy.in/hsn/hsn-55061000/) | < ₹1 Crore |
| — | [HSN Code 55064000: Of Polypropylene](https://busy.in/hsn/hsn-55064000/) | Nil |
| — | [HSN Code 55069010: Other : Polypropylene tops](https://busy.in/hsn/hsn-55069010/) | Nil |