HSN Code 55162120: Bleached Artificial Staple Fibre with Manmade Filaments

HSN Code 55162120 represents Bleached Artificial Staple Fibre with Manmade Filaments under GST classification. This code helps businesses identify Bleached Artificial Staple Fibre with Manmade Filaments correctly for billing, taxation, and trade. With HSN Code 55162120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Bleached Artificial Staple Fibre with Manmade Filaments.

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Description of Goods for HSN Code 55162120

HSN Code 55162120 relates to the following description.

Description of Goods

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with manmade filaments : Unbleached or bleached : Bleached

Chapter

55 - Man-made staple fibres

Sub Chapter

5516 - Woven fabrics of artificial staple fibres

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 55162120 not include?

Bleached Artificial Staple Fibre with Manmade Filaments does not include products with the following descriptions.

HSN Code 55161110

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

HSN Code 55161120

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

HSN Code 55161300

Containing 85% or more by weight of artificial staple fibres : Of yarns of different colours

HSN Code 55161410

Containing 85% or more by weight of artificial staple fibres : Printed : Spun rayon printed shantung

HSN Code 55161420

Containing 85% or more by weight of artificial staple fibres : Spun rayon printed linen

HSN Code 55162110

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with manmade filaments : Unbleached or bleached : Unbleached

HSN Code 55162200

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with manmade filaments : Dyed

HSN Code 55162300

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with manmade filaments : Of yarns of different colours

HSN Code 55162400

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with manmade filaments : Printed

HSN Code 55163110

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with wool or fine animal hair :Unbleached or bleached : Unbleached

HSN Code 55163120

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with wool or fine animal hair :Unbleached or bleached : Bleached

HSN Code 55163200

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with wool or fine animal hair :Dyed

HSN Code 55163300

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with wool or fine animal hair : Of yarns of different colours

HSN Code 55163400

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with wool or fine animal hair : Printed

HSN Code 55164110

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached

HSN Code 55164120

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with cotton : Unbleached or bleached : Bleached

HSN Code 55164200

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with cotton : Dyed

HSN Code 55164300

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with cotton : Of yarns of different colours

HSN Code 55164400

Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with cotton : Printed

India’s Trade Performance — HSN Code 55162120 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 Crore

−85.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

−56.81% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹16 Cr

Trade Deficit

Surplus rank #9379 of 12657 HSN codes

% of Sub-Chapter 5516

FY 2024-25

0.01%

Share of Sub-Chapter 5516’s total exports in FY 2024-25

Import side: 7.75% of Sub-Chapter 5516’s imports

Rank Within Sub-Chapter 5516

FY 2024-25

#21 of 27

Position by export value among HSN codes in Sub-Chapter 5516

Import-side rank: #6 of 27

At a glance

−43.88%

Export CAGR

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

#10193

National Export Rank

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

+220.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.01%

Contribution to Sub-Ch. 5516

Share of Sub-Chapter 5516 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 55162120

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 #7666

Balance

−32.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.20% of Sub-Ch. 5516

Imports

33.26 ₹ Cr

0.0009% share

— YoY

8.93% of Sub-Ch. 5516

FY 2019-20 Exp. Rank #8145

Balance

−60.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−43.75% YoY

0.13% of Sub-Ch. 5516

Imports

61.35 ₹ Cr

0.0018% share

+84.46% YoY

13.63% of Sub-Ch. 5516

FY 2020-21

Balance

−64.71

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5516

Imports

64.71 ₹ Cr

0.0022% share

+5.48% YoY

20.40% of Sub-Ch. 5516

FY 2021-22 Exp. Rank #9543

Balance

−12.51

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 5516

Imports

12.61 ₹ Cr

0.0003% share

−80.51% YoY

3.59% of Sub-Ch. 5516

FY 2022-23 Exp. Rank #9015

Balance

−19.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+220.00% YoY

0.05% of Sub-Ch. 5516

Imports

19.53 ₹ Cr

0.0003% share

+54.88% YoY

11.15% of Sub-Ch. 5516

FY 2023-24 Exp. Rank #9440

Balance

−35.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−37.50% YoY

0.03% of Sub-Ch. 5516

Imports

36.14 ₹ Cr

0.0006% share

+85.05% YoY

21.83% of Sub-Ch. 5516

FY 2024-25 Exp. Rank #10193

Balance

−15.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.00% YoY

0.01% of Sub-Ch. 5516

Imports

15.61 ₹ Cr

0.0003% share

−56.81% YoY

7.75% of Sub-Ch. 5516

CAGR · 7-Year

Exports

−43.88% /yr

Imports

−11.85% /yr

Consistently Deficit
Sub-Chapter 5516 total

reference, FY 2024-25

Export

₹539.96 Cr

Import

₹201.33 Cr

Trade Balance

+338.63

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

Key Trade Insights: HSN Code 55162120 Export-Import Analysis

Export Decline: −43.88% CAGR Over 7 Years

India's exports under HSN Code 55162120 have declined at a compound annual rate of −43.88% over 7 fiscal years, falling from ₹0.96 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

HSN Code 55162120 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 55162120 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 5516, it ranks #21 of 27. By trade surplus, it ranks #9379 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 55162120 Exports

The strongest single-year export movement for HSN Code 55162120 was recorded in FY 2022-23, when exports surged by 220.00% over the prior year.

India Records a Trade Deficit of ₹15.58 Crore in HSN Code 55162120 Goods

In FY 2024-25, India's imports of ₹15.61 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹15.58 Crore — ranking #9379 of 12657 by surplus magnitude.

Import Growth of −11.85% CAGR Signals Stable Import Dependency for Bleached Artificial Staple Fibre with Manmade Filaments

India's imports under HSN Code 55162120 have grown at −11.85% CAGR, reaching ₹15.61 Crore in FY 2024-25.

HSN Code 55162120 Contributes 0.01% of Sub-Chapter 5516 Exports — Ranked #21

Among the 27 HSN codes under Sub-Chapter 5516, HSN Code 55162120 ranks #21 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.75% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 55162120 and GST compliance.

What products are classified under HSN 55162120 ?

It includes Mixed Artificial Staple Fibre with Manmade Filaments

Does packaging or labelling change the GST for Bleached Artificial Staple Fibre with Manmade Filaments?

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 Bleached Artificial Staple Fibre with Manmade Filaments?

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 Bleached Artificial Staple Fibre with Manmade Filaments is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Bleached Artificial Staple Fibre with Manmade Filaments; Nil for exempt items if applicable).

Any common misclassification issue with Bleached Artificial Staple Fibre with Manmade Filaments?

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 Bleached Artificial Staple Fibre with Manmade Filaments?

Under HSN 55162120, Bleached Artificial Staple Fibre with Manmade Filaments 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.