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HSN Code 55070090: Other Artificial Staple Fibres, Processed for Spinning
HSN Code 55070090 represents Other Artificial Staple Fibres, Processed for Spinning under GST classification. This code helps businesses identify Other Artificial Staple Fibres, Processed for Spinning correctly for billing, taxation, and trade. With HSN Code 55070090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Artificial Staple Fibres, Processed for Spinning.
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Description of Goods for HSN Code 55070090
HSN Code 55070090 relates to the following description.
What does HSN Code 55070090 not include?
Other Artificial Staple Fibres, Processed for Spinning does not include products with the following descriptions.
Artificial staple fibres, carded, combed or otherwise processed for spinning : Acetate rayon tops
Artificial staple fibres, carded, combed or otherwise processed for spinning : Viscose tops
Artificial staple fibres, carded, combed or otherwise processed for spinning : Polynosic tops
Artificial staple fibres, carded,combed or otherwise processed for spinning : High wet modulus tops
Artificial staple fibres, carded, combed or otherwise processed for spinning : Acetate rayon tops
Artificial staple fibres, carded, combed or otherwise processed for spinning : Viscose tops
Artificial staple fibres, carded, combed or otherwise processed for spinning : Polynosic tops
Artificial staple fibres, carded,combed or otherwise processed for spinning : High wet modulus tops
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India’s Trade Performance — HSN Code 55070090 in FY 2025-26
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26₹9 Cr
0.0001% of India’s total imports
Trade Balance
FY 2025-26−₹9 Cr
Surplus rank #9022 of 12872 HSN codes
% of Sub-Chapter 5507
FY 2025-264.94%
Share of Sub-Chapter 5507’s total exports in FY 2025-26
Import side: 67.27% of Sub-Chapter 5507’s imports
Rank Within Sub-Chapter 5507
FY 2025-26#2 of 5
Position by export value among HSN codes in Sub-Chapter 5507
Import-side rank: #1 of 5
At a glance
−30.68%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#10210
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+1,500.00%
Peak Growth Year
FY 2020-21 · strongest single-year move
4.94%
Contribution to Sub-Ch. 5507
Share of Sub-Chapter 5507 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 55070090
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.81
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 5507
Imports
1.33 ₹ Cr
0.0000% share
— YoY
37.05% of Sub-Ch. 5507
Balance
−1.29
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−98.08% YoY
50.00% of Sub-Ch. 5507
Imports
1.30 ₹ Cr
0.0000% share
−2.26% YoY
30.73% of Sub-Ch. 5507
Balance
−0.44
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,500.00% YoY
100.00% of Sub-Ch. 5507
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−53.85% YoY
27.27% of Sub-Ch. 5507
Balance
−2.88
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−75.00% YoY
4.94% of Sub-Ch. 5507
Imports
2.92 ₹ Cr
0.0001% share
+386.67% YoY
79.35% of Sub-Ch. 5507
Balance
−5.13
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+450.00% YoY
68.75% of Sub-Ch. 5507
Imports
5.35 ₹ Cr
0.0001% share
+83.22% YoY
66.71% of Sub-Ch. 5507
Balance
−4.89
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−72.73% YoY
50.00% of Sub-Ch. 5507
Imports
4.95 ₹ Cr
0.0001% share
−7.48% YoY
57.36% of Sub-Ch. 5507
Balance
−4.77
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−16.67% YoY
8.06% of Sub-Ch. 5507
Imports
4.82 ₹ Cr
0.0001% share
−2.63% YoY
55.53% of Sub-Ch. 5507
Balance
−8.57
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−20.00% YoY
4.94% of Sub-Ch. 5507
Imports
8.61 ₹ Cr
0.0001% share
+78.63% YoY
67.27% of Sub-Ch. 5507
CAGR · 8-Year
Exports
−30.68% /yr
Imports
30.58% /yr
Key Trade Insights: HSN Code 55070090 Export-Import Analysis
Export Decline: −30.68% CAGR Over 8 Years
India's exports under HSN Code 55070090 have declined at a compound annual rate of −30.68% over 8 fiscal years, falling from ₹0.52 Crore in FY 2018-19 to ₹0.04 Crore in FY 2025-26.
HSN Code 55070090 Ranked #10210 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 55070090 ranks #10210 out of 12872 HSN codes by total export value. Within Sub-Chapter 5507, it ranks #2 of 5. By trade surplus, it ranks #9022 of 12872.
FY 2020-21 Was the Strongest Growth Year for HSN Code 55070090 Exports
The strongest single-year export movement for HSN Code 55070090 was recorded in FY 2020-21, when exports surged by 1,500.00% over the prior year.
India Records a Trade Deficit of ₹8.57 Crore in HSN Code 55070090 Goods
In FY 2025-26, India's imports of ₹8.61 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹8.57 Crore — ranking #9022 of 12872 by surplus magnitude.
Import Growth of 30.58% CAGR Signals Rising Demand for Other Artificial Staple Fibres, Processed for Spinning
India's imports under HSN Code 55070090 have grown at 30.58% CAGR, reaching ₹8.61 Crore in FY 2025-26.
HSN Code 55070090 Contributes 4.94% of Sub-Chapter 5507 Exports — Ranked #2
Among the 5 HSN codes under Sub-Chapter 5507, HSN Code 55070090 ranks #2 by export value — accounting for 4.94% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 67.27% share (rank #1).
Frequently Asked Questions
Clear answers to common queries about HSN Code 55070090 and GST compliance.
What products are classified under HSN 55070090 ?
It includes Of artificial staple fibres
How should mixed supplies be billed when Other Artificial Staple Fibres, Processed for Spinning is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Artificial Staple Fibres, Processed for Spinning; Nil for exempt items if applicable).
How much GST applies to Other Artificial Staple Fibres, Processed for Spinning?
Under HSN 55070090, Other Artificial Staple Fibres, Processed for Spinning attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Other Artificial Staple Fibres, Processed for Spinning?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Other Artificial Staple Fibres, Processed for Spinning?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Other Artificial Staple Fibres, Processed for Spinning?
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 Other Artificial Staple Fibres, Processed for Spinning?
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.