HSN Code 55094290: Other Synthetic Multiple Yarn

HSN Code 55094290 represents Other Synthetic Multiple Yarn under GST classification. This code helps businesses identify Other Synthetic Multiple Yarn correctly for billing, taxation, and trade. With HSN Code 55094290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Synthetic Multiple Yarn.

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Description of Goods for HSN Code 55094290

HSN Code 55094290 relates to the following description.

Description of Goods

Other yarn, containing 85% or more by weight of synthetic staple fibres : Multiple (folded) or cabled yarn : Other

Chapter

55 - Man-made staple fibres

Sub Chapter

5509 - Yarn (other than sewing thread) of synthetic staple fibres, not put up for retail sale

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 55094290 not include?

Other Synthetic Multiple Yarn does not include products with the following descriptions.

Containing 85% or more by weight of staple fibres of nylon or other polyamides : Single yarn

Containing 85% or more by weight of staple fibres of nylon or other polyamides : Multiple (folded) or cabled yarn

Containing 85% or more by weight of polyester staple fibres : Multiple (folded) or cabled yarn

Containing 85% or more by weight of acrylic or modacrylic staple fibres : Single yarn

Containing 85% or more by weight of acrylic or modacrylic staple fibres : Multiple (folded) or cabled yarn

Other yarn, containing 85% or more by weight of synthetic staple fibres : Single yarn : Polypropylene spun yarn

Other yarn, containing 85% or more by weight of synthetic staple fibres : Single yarn : Polyvinyl acetate spun yarn

Other yarn, containing 85% or more by weight of synthetic staple fibres : Single yarn : Polyvinyl chloride spun yarn

Other yarn, containing 85% or more by weight of synthetic staple fibres : Single yarn : Other

Other yarn, containing 85% or more by weight of synthetic staple fibres : Multiple (folded) or cabled yarn : Polypropylene spun yarn

Other yarn, containing 85% or more by weight of synthetic staple fibres : Multiple (folded) or cabled yarn : Polyvinyl acetate (PVA) spun yarn

Other yarn, containing 85% or more by weight of synthetic staple fibres : Multiple (folded) or cabled yarn : Polyvinyl chloride (PVC) spun yarn

Other yarn, of polyester staple fibres : Mixed mainly or solely with artificial staple fibres

Other yarn, of polyester staple fibres : Mixed mainly or solely with wool or fine animal hair

Other yarn, of polyester staple fibres : Mixed mainly or solely with cotton

Other yarn, of acrylic or modacrylic staple fibres : Mixed mainly or solely with wool or fine animal hair

Other yarn, of acrylic or modacrylic staple fibres : Mixed mainly or solely with cotton

Yarn (other than sewing thread) of synthetic staple fibres, not put up for retail sale - other yarn : other

India’s Trade Performance — HSN Code 55094290 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

+49.37% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹11 Cr

+43.29% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹10 Cr

Trade Deficit

Surplus rank #9063 of 12657 HSN codes

% of Sub-Chapter 5509

FY 2024-25

0.03%

Share of Sub-Chapter 5509’s total exports in FY 2024-25

Import side: 0.69% of Sub-Chapter 5509’s imports

Rank Within Sub-Chapter 5509

FY 2024-25

#18 of 26

Position by export value among HSN codes in Sub-Chapter 5509

Import-side rank: #13 of 26

At a glance

−11.99%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8101

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+49.37%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.03%

Contribution to Sub-Ch. 5509

Share of Sub-Chapter 5509 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 55094290

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6677

Balance

−6.38

Exports

2.54 ₹ Cr

0.0001% share

YoY

0.06% of Sub-Ch. 5509

Imports

8.92 ₹ Cr

0.0002% share

YoY

0.70% of Sub-Ch. 5509

FY 2019-20 Exp. Rank #7392

Balance

−5.53

Exports

1.24 ₹ Cr

0.0001% share

−51.18% YoY

0.04% of Sub-Ch. 5509

Imports

6.77 ₹ Cr

0.0002% share

−24.10% YoY

0.51% of Sub-Ch. 5509

FY 2020-21 Exp. Rank #7121

Balance

−5.35

Exports

1.76 ₹ Cr

0.0001% share

+41.94% YoY

0.06% of Sub-Ch. 5509

Imports

7.11 ₹ Cr

0.0002% share

+5.02% YoY

0.53% of Sub-Ch. 5509

FY 2021-22 Exp. Rank #7745

Balance

−6.28

Exports

1.31 ₹ Cr

0.0000% share

−25.57% YoY

0.03% of Sub-Ch. 5509

Imports

7.59 ₹ Cr

0.0002% share

+6.75% YoY

0.42% of Sub-Ch. 5509

FY 2022-23 Exp. Rank #7549

Balance

−9.66

Exports

1.79 ₹ Cr

0.0000% share

+36.64% YoY

0.04% of Sub-Ch. 5509

Imports

11.45 ₹ Cr

0.0002% share

+50.86% YoY

0.55% of Sub-Ch. 5509

FY 2023-24 Exp. Rank #8443

Balance

−6.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−55.87% YoY

0.02% of Sub-Ch. 5509

Imports

7.67 ₹ Cr

0.0001% share

−33.01% YoY

0.49% of Sub-Ch. 5509

FY 2024-25 Exp. Rank #8101

Balance

−9.81

Exports

1.18 ₹ Cr

0.0000% share

+49.37% YoY

0.03% of Sub-Ch. 5509

Imports

10.99 ₹ Cr

0.0002% share

+43.29% YoY

0.69% of Sub-Ch. 5509

CAGR · 7-Year

Exports

−11.99% /yr

Imports

3.54% /yr

Consistently Deficit
Sub-Chapter 5509 total

reference, FY 2024-25

Export

₹3,677.74 Cr

Import

₹1,594.68 Cr

Trade Balance

+2,083.06

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 55094290 Export-Import Analysis

Export Decline: −11.99% CAGR Over 7 Years

India's exports under HSN Code 55094290 have declined at a compound annual rate of −11.99% over 7 fiscal years, falling from ₹2.54 Crore in FY 2018-19 to ₹1.18 Crore in FY 2024-25.

HSN Code 55094290 Ranked #8101 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55094290 ranks #8101 out of 12657 HSN codes by total export value. Within Sub-Chapter 5509, it ranks #18 of 26. By trade surplus, it ranks #9063 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 55094290 Exports

The strongest single-year export movement for HSN Code 55094290 was recorded in FY 2024-25, when exports surged by 49.37% over the prior year.

India Records a Trade Deficit of ₹9.81 Crore in HSN Code 55094290 Goods

In FY 2024-25, India's imports of ₹10.99 Cr exceeded exports of ₹1.18 Cr, resulting in a trade deficit of ₹9.81 Crore — ranking #9063 of 12657 by surplus magnitude.

Import Growth of 3.54% CAGR Signals Stable Import Dependency for Other Synthetic Multiple Yarn

India's imports under HSN Code 55094290 have grown at 3.54% CAGR, reaching ₹10.99 Crore in FY 2024-25.

HSN Code 55094290 Contributes 0.03% of Sub-Chapter 5509 Exports — Ranked #18

Among the 26 HSN codes under Sub-Chapter 5509, HSN Code 55094290 ranks #18 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.69% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55094290 and GST compliance.

What products are classified under HSN 55094290 ?

It includes Polyester Staple Fibre Yarn (Mixed with Wool/Fine Animal Hair)

How should mixed supplies be billed when Other Synthetic Multiple Yarn is sold with other items?

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

Any common misclassification issue with Other Synthetic Multiple Yarn?

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 Synthetic Multiple Yarn?

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 Synthetic Multiple Yarn?

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 Other Synthetic Multiple Yarn?

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 Other Synthetic Multiple Yarn?

Under HSN 55094290, Other Synthetic Multiple Yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.