HSN Code 55111000: Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres

HSN Code 55111000 represents Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres under GST classification. This code helps businesses identify Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres correctly for billing, taxation, and trade. With HSN Code 55111000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 55111000

HSN Code 55111000 relates to the following description.

Description of Goods

Of synthetic staple fibres, containing 85% or more by weight of such fibres

Chapter

55 - Man-made staple fibres

Sub Chapter

5511 - Yarn (other than sewing thread) of man-made staple fibres, put up for retail sale

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 55111000 not include?

Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres does not include products with the following descriptions.

HSN Code 55112000

Of synthetic staple fibres, containing less than 85% by weight of such fibres

HSN Code 55113010

Of artificial staple fibres : Containing more than 85% by weight of staple fibre

India’s Trade Performance — HSN Code 55111000 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

₹394 Cr

+22.37% vs FY 2023-24

0.0107% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+16.07% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹393 Cr

Trade Surplus

Surplus rank #761 of 12657 HSN codes

% of Sub-Chapter 5511

FY 2024-25

91.88%

Share of Sub-Chapter 5511’s total exports in FY 2024-25

Import side: 50.78% of Sub-Chapter 5511’s imports

Rank Within Sub-Chapter 5511

FY 2024-25

#1 of 4

Position by export value among HSN codes in Sub-Chapter 5511

Import-side rank: #1 of 4

At a glance

26.70%

Export CAGR

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

#1202

National Export Rank

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

+105.69%

Peak Growth Year

FY 2020-21 · strongest single-year move

91.88%

Contribution to Sub-Ch. 5511

Share of Sub-Chapter 5511 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 55111000

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 #2075

Balance

+95.06

Exports

95.17 ₹ Cr

0.0042% share

— YoY

92.22% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

12.79% of Sub-Ch. 5511

FY 2019-20 Exp. Rank #1960

Balance

+104.49

Exports

104.58 ₹ Cr

0.0048% share

+9.89% YoY

91.81% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−18.18% YoY

11.69% of Sub-Ch. 5511

FY 2020-21 Exp. Rank #1292

Balance

+214.94

Exports

215.11 ₹ Cr

0.0100% share

+105.69% YoY

90.79% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+88.89% YoY

14.78% of Sub-Ch. 5511

FY 2021-22 Exp. Rank #1499

Balance

+235.82

Exports

236.41 ₹ Cr

0.0075% share

+9.90% YoY

90.15% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+247.06% YoY

73.75% of Sub-Ch. 5511

FY 2022-23 Exp. Rank #1567

Balance

+234.97

Exports

235.09 ₹ Cr

0.0065% share

−0.56% YoY

94.48% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−79.66% YoY

52.17% of Sub-Ch. 5511

FY 2023-24 Exp. Rank #1327

Balance

+321.23

Exports

321.79 ₹ Cr

0.0089% share

+36.88% YoY

91.68% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+366.67% YoY

87.50% of Sub-Ch. 5511

FY 2024-25 Exp. Rank #1202

Balance

+393.13

Exports

393.78 ₹ Cr

0.0107% share

+22.37% YoY

91.88% of Sub-Ch. 5511

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+16.07% YoY

50.78% of Sub-Ch. 5511

CAGR · 7-Year

Exports

26.70% /yr

Imports

34.46% /yr

Consistently Surplus
Sub-Chapter 5511 total

reference, FY 2024-25

Export

₹428.59 Cr

Import

₹1.28 Cr

Trade Balance

+427.31

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

Key Trade Insights: HSN Code 55111000 Export-Import Analysis

Consistent Export Growth: 26.70% CAGR Over 7 Years

India's exports under HSN Code 55111000 have grown at a compound annual rate of 26.70% over 7 fiscal years, rising from ₹95.17 Crore in FY 2018-19 to ₹393.78 Crore in FY 2024-25.

HSN Code 55111000 Ranked #1202 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55111000 ranks #1202 out of 12657 HSN codes by total export value. Within Sub-Chapter 5511, it ranks #1 of 4. By trade surplus, it ranks #761 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 55111000 Exports

The strongest single-year export movement for HSN Code 55111000 was recorded in FY 2020-21, when exports surged by 105.69% over the prior year.

India Maintains a Trade Surplus of ₹393.13 Crore in HSN Code 55111000 Goods

In FY 2024-25, India's exports of ₹393.78 Cr exceeded imports of ₹0.65 Cr, resulting in a trade surplus of ₹393.13 Crore — ranking #761 of 12657 by surplus magnitude.

Import Growth of 34.46% CAGR Signals Rising Demand for Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres

India's imports under HSN Code 55111000 have grown at 34.46% CAGR, reaching ₹0.65 Crore in FY 2024-25.

HSN Code 55111000 Contributes 91.88% of Sub-Chapter 5511 Exports — Ranked #1

Among the 4 HSN codes under Sub-Chapter 5511, HSN Code 55111000 ranks #1 by export value — accounting for 91.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.78% share (rank #1).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 55111000 and GST compliance.

What products are classified under HSN 55111000 ?

It includes Artificial Staple Fibre Fabrics (>85% Staple Fibre)

How should mixed supplies be billed when Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres?

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

Does packaging or labelling change the GST for Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres?

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 Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres?

Under HSN 55111000, Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Synthetic Staple Fibre Yarns: Containing ≥85% Synthetic Fibres?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.