--- title: "HSN Code for Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) | HSN 55122990 GST Rate" description: "Find HSN and GST Rates for 55122990 related to Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-55122990/" --- # HSN Code 55122990: Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) - [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 5512: Synthetic staple fibre fabrics](https://busy.in/hsn/sub-chapter-5512/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Containing 85% or more by weight of acrylic or modacrylic staple fibres : Other : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 55122990 ? It includes Other : Unbleached or bleached : Bleached ### Any common misclassification issue with Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)? 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 Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)? 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 Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)? 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 Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%); Nil for exempt items if applicable). ## India's trade performance: HSN Code 55122990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹11 Cr (+144.81% YoY) — 0.0003% of India's total exports - Imports: ₹22 Cr (−5.99% YoY) — 0.0004% of India's total imports - Trade balance: −₹11 Cr (Deficit); surplus rank #9138 of 12657 HSN codes - Share of Sub-Chapter 5512: 3.29% of its exports; import side 9.89% - Rank within Sub-Chapter 5512: #5 of 15 by export value; import-side #4 ### Key metrics - Export CAGR: 27.43% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5680 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +144.81% in FY 2024-25 - Contribution to Sub-Ch. 5512: 3.29% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 55122990 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. 5512 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5512 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.59 | 0.0001% | — | 2.01% | 8.78 | 0.0002% | — | 5.89% | −6.19 | #6654 | | FY 2019-20 | 3.91 | 0.0002% | +50.97% | 2.66% | 6.71 | 0.0002% | −23.58% | 4.00% | −2.80 | #6151 | | FY 2020-21 | 1.70 | 0.0001% | −56.52% | 1.37% | 9.73 | 0.0003% | +45.01% | 8.10% | −8.03 | #7160 | | FY 2021-22 | 3.34 | 0.0001% | +96.47% | 1.20% | 14.56 | 0.0003% | +49.64% | 7.06% | −11.22 | #6801 | | FY 2022-23 | 4.52 | 0.0001% | +35.33% | 0.97% | 19.03 | 0.0003% | +30.70% | 7.81% | −14.51 | #6561 | | FY 2023-24 | 4.53 | 0.0001% | +0.22% | 1.01% | 23.71 | 0.0004% | +24.59% | 9.79% | −19.18 | #6689 | | FY 2024-25 | 11.09 | 0.0003% | +144.81% | 3.29% | 22.29 | 0.0004% | −5.99% | 9.89% | −11.20 | #5680 | - CAGR (7-year): exports 27.43%/yr, imports 16.80%/yr (consistently Deficit) ## Key trade insights: HSN Code 55122990 export-import analysis ### Consistent export growth: 27.43% CAGR over 7 years India's exports under HSN Code 55122990 have grown at a compound annual rate of 27.43% over 7 fiscal years, rising from ₹2.59 Crore in FY 2018-19 to ₹11.09 Crore in FY 2024-25. ### HSN Code 55122990 ranked #5680 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 55122990 ranks #5680 out of 12657 HSN codes by total export value. Within Sub-Chapter 5512, it ranks #5 of 15. By trade surplus, it ranks #9138 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 55122990 exports The strongest single-year export movement for HSN Code 55122990 was recorded in FY 2024-25, when exports surged by 144.81% over the prior year. ### India records a trade deficit of ₹11.20 Crore in HSN Code 55122990 goods In FY 2024-25, India's imports of ₹22.29 Cr exceeded exports of ₹11.09 Cr, resulting in a trade deficit of ₹11.20 Crore — ranking #9138 of 12657 by surplus magnitude. ### Import growth of 16.80% CAGR signals rising demand for Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) India's imports under HSN Code 55122990 have grown at 16.80% CAGR, reaching ₹22.29 Crore in FY 2024-25. ### HSN Code 55122990 contributes 3.29% of Sub-Chapter 5512 exports — ranked #5 Among the 15 HSN codes under Sub-Chapter 5512, HSN Code 55122990 ranks #5 by export value — accounting for 3.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.89% share (rank #4). ## Related HSN Codes in Sub-Chapter 5512 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 55121910: Polyester staple fibres, dyed](https://busy.in/hsn/hsn-55121910/) | ₹211 Cr | | #2 | [HSN Code 55121990: Polyester Staple Fibre Fabrics Containing ≥85% Fibre](https://busy.in/hsn/hsn-55121990/) | ₹46 Cr | | #3 | [HSN Code 55121110: Polyester staple fibres, unbleached](https://busy.in/hsn/hsn-55121110/) | ₹23 Cr | | #4 | [HSN Code 55122910: Dyed Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)](https://busy.in/hsn/hsn-55122910/) | ₹16 Cr | | #5 | HSN Code 55122990: Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) (this hsn code) | ₹11 Cr | | #6 | [HSN Code 55121920: Polyester staple fibres, printed](https://busy.in/hsn/hsn-55121920/) | ₹11 Cr | | #7 | [HSN Code 55129910: Other \| Other \| Dyed](https://busy.in/hsn/hsn-55129910/) | ₹7 Cr | | #8 | [HSN Code 55129990: Woven fabrics of synthetic staple fibres \| Other](https://busy.in/hsn/hsn-55129990/) | ₹7 Cr | | #9 | [HSN Code 55122120: Acrylic Filament Yarn for Textile Use](https://busy.in/hsn/hsn-55122120/) | ₹1 Cr | | #10 | [HSN Code 55122920: Printed Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)](https://busy.in/hsn/hsn-55122920/) | ₹1 Cr |