---
title: "HSN Code for Acrylic or modacrylic | HSN 55063000 GST Rate"
description: "Find HSN and GST Rates for 55063000 related to Acrylic or modacrylic with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-55063000/"
---

# HSN Code 55063000: Acrylic or modacrylic

- [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 |
| --- | --- | --- | --- | --- |
| Acrylic or modacrylic | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 55063000 ?

It includes Other : Polypropylene tops

### Any common misclassification issue with Acrylic or modacrylic?

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 Acrylic or modacrylic is sold with other items?

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

### Does packaging or labelling change the GST for Acrylic or modacrylic?

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 Acrylic or modacrylic?

Under HSN 55063000, Acrylic or modacrylic attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Acrylic or modacrylic?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Do e‑way bill and e‑invoice apply for Acrylic or modacrylic?

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.

## India's trade performance: HSN Code 55063000 (FY 2024-25)

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

- Exports: ₹14 Cr (+62.49% YoY) — 0.0004% of India's total exports
- Imports: < ₹1 Crore (−96.77% YoY) — 0.0000% of India's total imports
- Trade balance: ₹14 Cr (Surplus); surplus rank #3102 of 12657 HSN codes
- Share of Sub-Chapter 5506: 43.60% of its exports; import side 0.34%
- Rank within Sub-Chapter 5506: #2 of 6 by export value; import-side #4

### Key metrics

- Export CAGR: 19.23% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5383 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +82.76% in FY 2021-22
- Contribution to Sub-Ch. 5506: 43.60% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 55063000

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 | 4.78 | 0.0002% | — | 47.61% | 5.64 | 0.0002% | — | 18.58% | −0.86 | #5918 |
| FY 2019-20 | 4.14 | 0.0002% | −13.39% | 45.20% | 5.37 | 0.0002% | −4.79% | 17.65% | −1.23 | #6079 |
| FY 2020-21 | 2.90 | 0.0001% | −29.95% | 35.63% | 4.37 | 0.0001% | −18.62% | 19.41% | −1.47 | #6597 |
| FY 2021-22 | 5.30 | 0.0002% | +82.76% | 37.56% | 12.32 | 0.0003% | +181.92% | 32.39% | −7.02 | #6281 |
| FY 2022-23 | 9.63 | 0.0003% | +81.70% | 59.44% | 6.36 | 0.0001% | −48.38% | 16.47% | +3.27 | #5673 |
| FY 2023-24 | 8.45 | 0.0002% | −12.25% | 46.17% | 3.72 | 0.0001% | −41.51% | 12.35% | +4.73 | #5934 |
| FY 2024-25 | 13.73 | 0.0004% | +62.49% | 43.60% | < ₹1 Crore | 0.0000% | −96.77% | 0.34% | +13.61 | #5383 |

- CAGR (7-year): exports 19.23%/yr, imports -47.36%/yr (consistently Surplus)

## Key trade insights: HSN Code 55063000 export-import analysis

### Consistent export growth: 19.23% CAGR over 7 years

India's exports under HSN Code 55063000 have grown at a compound annual rate of 19.23% over 7 fiscal years, rising from ₹4.78 Crore in FY 2018-19 to ₹13.73 Crore in FY 2024-25.

### HSN Code 55063000 ranked #5383 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 55063000 ranks #5383 out of 12657 HSN codes by total export value. Within Sub-Chapter 5506, it ranks #2 of 6. By trade surplus, it ranks #3102 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 55063000 exports

The strongest single-year export movement for HSN Code 55063000 was recorded in FY 2021-22, when exports surged by 82.76% over the prior year.

### India maintains a trade surplus of ₹13.61 Crore in HSN Code 55063000 goods

In FY 2024-25, India's exports of ₹13.73 Cr exceeded imports of ₹0.12 Cr, resulting in a trade surplus of ₹13.61 Crore — ranking #3102 of 12657 by surplus magnitude.

### Import growth of -47.36% CAGR signals stable import dependency for Acrylic or modacrylic

India's imports under HSN Code 55063000 have grown at -47.36% CAGR, reaching ₹0.12 Crore in FY 2024-25.

### HSN Code 55063000 contributes 43.60% of Sub-Chapter 5506 exports — ranked #2

Among the 6 HSN codes under Sub-Chapter 5506, HSN Code 55063000 ranks #2 by export value — accounting for 43.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.34% share (rank #4).

## 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](https://busy.in/hsn/hsn-55062000/) | ₹17 Cr |
| #2 | HSN Code 55063000: Acrylic or modacrylic (this hsn code) | ₹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 |