HSN Code 55122990: Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%)

HSN Code 55122990 represents Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) under GST classification. This code helps businesses identify Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) correctly for billing, taxation, and trade. With HSN Code 55122990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%).

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Description of Goods for HSN Code 55122990

HSN Code 55122990 relates to the following description.

Description of Goods

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

Chapter

55 - Man-made staple fibres

Sub Chapter

5512 - Woven fabrics of synthetic staple fibres, containing 85% or more by weight of synthetic staple fibres

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 55122990 not include?

Other Acrylic/Modacrylic Staple Fibre Fabrics (≥85%) does not include products with the following descriptions.

Containing 85% or more by weight of polyester staple fibres : Unbleached or bleached :Unbleached

Containing 85% or more by weight of polyester staple fibres : Unbleached or bleached :Bleached

Containing 85% or more by weight of polyester staple fibres : Other : Printed

Containing 85% or more by weight of polyester staple fibres : Other : Other

Containing 85% or more by weight of acrylic or modacrylic staple fibres : Unbleached or bleached : Unbleached

Containing 85% or more by weight of acrylic or modacrylic staple fibres : Unbleached or bleached : Bleached

Containing 85% or more by weight of acrylic or modacrylic staple fibres : Other : Dyed

Containing 85% or more by weight of acrylic or modacrylic staple fibres : Other : Printed

India’s Trade Performance — HSN Code 55122990 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

₹11 Cr

+144.81% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹22 Cr

−5.99% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹11 Cr

Trade Deficit

Surplus rank #9138 of 12657 HSN codes

% of Sub-Chapter 5512

FY 2024-25

3.29%

Share of Sub-Chapter 5512’s total exports in FY 2024-25

Import side: 9.89% of Sub-Chapter 5512’s imports

Rank Within Sub-Chapter 5512

FY 2024-25

#5 of 15

Position by export value among HSN codes in Sub-Chapter 5512

Import-side rank: #4 of 15

At a glance

27.43%

Export CAGR

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

#5680

National Export Rank

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

+144.81%

Peak Growth Year

FY 2024-25 · strongest single-year move

3.29%

Contribution to Sub-Ch. 5512

Share of Sub-Chapter 5512 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #6654

Balance

−6.19

Exports

2.59 ₹ Cr

0.0001% share

YoY

2.01% of Sub-Ch. 5512

Imports

8.78 ₹ Cr

0.0002% share

YoY

5.89% of Sub-Ch. 5512

FY 2019-20 Exp. Rank #6151

Balance

−2.80

Exports

3.91 ₹ Cr

0.0002% share

+50.97% YoY

2.66% of Sub-Ch. 5512

Imports

6.71 ₹ Cr

0.0002% share

−23.58% YoY

4.00% of Sub-Ch. 5512

FY 2020-21 Exp. Rank #7160

Balance

−8.03

Exports

1.70 ₹ Cr

0.0001% share

−56.52% YoY

1.37% of Sub-Ch. 5512

Imports

9.73 ₹ Cr

0.0003% share

+45.01% YoY

8.10% of Sub-Ch. 5512

FY 2021-22 Exp. Rank #6801

Balance

−11.22

Exports

3.34 ₹ Cr

0.0001% share

+96.47% YoY

1.20% of Sub-Ch. 5512

Imports

14.56 ₹ Cr

0.0003% share

+49.64% YoY

7.06% of Sub-Ch. 5512

FY 2022-23 Exp. Rank #6561

Balance

−14.51

Exports

4.52 ₹ Cr

0.0001% share

+35.33% YoY

0.97% of Sub-Ch. 5512

Imports

19.03 ₹ Cr

0.0003% share

+30.70% YoY

7.81% of Sub-Ch. 5512

FY 2023-24 Exp. Rank #6689

Balance

−19.18

Exports

4.53 ₹ Cr

0.0001% share

+0.22% YoY

1.01% of Sub-Ch. 5512

Imports

23.71 ₹ Cr

0.0004% share

+24.59% YoY

9.79% of Sub-Ch. 5512

FY 2024-25 Exp. Rank #5680

Balance

−11.20

Exports

11.09 ₹ Cr

0.0003% share

+144.81% YoY

3.29% of Sub-Ch. 5512

Imports

22.29 ₹ Cr

0.0004% share

−5.99% YoY

9.89% of Sub-Ch. 5512

CAGR · 7-Year

Exports

27.43% /yr

Imports

16.80% /yr

Consistently Deficit
Sub-Chapter 5512 total

reference, FY 2024-25

Export

₹337.43 Cr

Import

₹225.48 Cr

Trade Balance

+111.95

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55122990 and GST compliance.

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).

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.