HSN Code 55112000: Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content
HSN Code 55112000 represents Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content under GST classification. This code helps businesses identify Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content correctly for billing, taxation, and trade. With HSN Code 55112000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content.
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Description of Goods for HSN Code 55112000
HSN Code 55112000 relates to the following description.
What does HSN Code 55112000 not include?
Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content does not include products with the following descriptions.
Of synthetic staple fibres, containing 85% or more by weight of such fibres
Of artificial staple fibres : Containing more than 85% by weight of staple fibre
Of artificial staple fibres : Other
India’s Trade Performance — HSN Code 55112000 in FY 2024-25
India’s Exports
FY 2024-25₹34 Cr
0.0009% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹33 Cr
Surplus rank #2450 of 12657 HSN codes
% of Sub-Chapter 5511
FY 2024-257.86%
Share of Sub-Chapter 5511’s total exports in FY 2024-25
Import side: 38.28% of Sub-Chapter 5511’s imports
Rank Within Sub-Chapter 5511
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 5511
Import-side rank: #2 of 4
At a glance
39.46%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4161
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+366.44%
Peak Growth Year
FY 2020-21 · strongest single-year move
7.86%
Contribution to Sub-Ch. 5511
Share of Sub-Chapter 5511 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 55112000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+4.52
Exports
4.58 ₹ Cr
0.0002% share
— YoY
4.44% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
6.98% of Sub-Ch. 5511
Balance
+4.33
Exports
4.38 ₹ Cr
0.0002% share
−4.37% YoY
3.85% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−16.67% YoY
6.49% of Sub-Ch. 5511
Balance
+20.37
Exports
20.43 ₹ Cr
0.0009% share
+366.44% YoY
8.62% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+20.00% YoY
5.22% of Sub-Ch. 5511
Balance
+25.36
Exports
25.57 ₹ Cr
0.0008% share
+25.16% YoY
9.75% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+250.00% YoY
26.25% of Sub-Ch. 5511
Balance
+13.12
Exports
13.21 ₹ Cr
0.0004% share
−48.34% YoY
5.31% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−57.14% YoY
39.13% of Sub-Ch. 5511
Balance
+28.97
Exports
28.99 ₹ Cr
0.0008% share
+119.46% YoY
8.26% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−77.78% YoY
3.13% of Sub-Ch. 5511
Balance
+33.21
Exports
33.70 ₹ Cr
0.0009% share
+16.25% YoY
7.86% of Sub-Ch. 5511
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+2,350.00% YoY
38.28% of Sub-Ch. 5511
CAGR · 7-Year
Exports
39.46% /yr
Imports
41.91% /yr
reference, FY 2024-25
Export
₹428.59 Cr
Import
₹1.28 Cr
Trade Balance
+427.31
Key Trade Insights: HSN Code 55112000 Export-Import Analysis
Consistent Export Growth: 39.46% CAGR Over 7 Years
India's exports under HSN Code 55112000 have grown at a compound annual rate of 39.46% over 7 fiscal years, rising from ₹4.58 Crore in FY 2018-19 to ₹33.70 Crore in FY 2024-25.
HSN Code 55112000 Ranked #4161 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 55112000 ranks #4161 out of 12657 HSN codes by total export value. Within Sub-Chapter 5511, it ranks #2 of 4. By trade surplus, it ranks #2450 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 55112000 Exports
The strongest single-year export movement for HSN Code 55112000 was recorded in FY 2020-21, when exports surged by 366.44% over the prior year.
India Maintains a Trade Surplus of ₹33.21 Crore in HSN Code 55112000 Goods
In FY 2024-25, India's exports of ₹33.70 Cr exceeded imports of ₹0.49 Cr, resulting in a trade surplus of ₹33.21 Crore — ranking #2450 of 12657 by surplus magnitude.
Import Growth of 41.91% CAGR Signals Rising Demand for Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content
India's imports under HSN Code 55112000 have grown at 41.91% CAGR, reaching ₹0.49 Crore in FY 2024-25.
HSN Code 55112000 Contributes 7.86% of Sub-Chapter 5511 Exports — Ranked #2
Among the 4 HSN codes under Sub-Chapter 5511, HSN Code 55112000 ranks #2 by export value — accounting for 7.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 38.28% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 55112000 and GST compliance.
What products are classified under HSN 55112000 ?
It includes Of Artificial Staple Fibres | Other
Does packaging or labelling change the GST for Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content?
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 should mixed supplies be billed when Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content 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: Less Than 85% Synthetic Content; Nil for exempt items if applicable).
Any common misclassification issue with Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content?
Under HSN 55112000, Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Synthetic Staple Fibre Yarns: Less Than 85% Synthetic Content?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.