--- title: "HSN Code for Mixed Artificial Staple Fibre with Manmade Filaments | HSN 55162300 GST Rate" description: "Find HSN and GST Rates for 55162300 related to Mixed Artificial Staple Fibre with Manmade Filaments with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-55162300/" --- # HSN Code 55162300: Mixed Artificial Staple Fibre with Manmade Filaments - [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 5516: Artificial staple fibres](https://busy.in/hsn/sub-chapter-5516/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Containing less than 85% by weight of artificial staple fibres, mixed mainly or solely with manmade filaments : Of yarns of different colours | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 55162300 ? It includes Unbleached Wool Blend Fabric ### How should mixed supplies be billed when Mixed 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 Mixed Artificial Staple Fibre with Manmade Filaments; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Mixed 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. ### How much GST applies to Mixed Artificial Staple Fibre with Manmade Filaments? Under HSN 55162300, Mixed Artificial Staple Fibre with Manmade Filaments attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Mixed 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. ### Can we claim ITC on inputs used to trade Mixed 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. ## India's trade performance: HSN Code 55162300 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−28.42% YoY) — 0.0001% of India's total exports - Imports: ₹3 Cr (−52.10% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4931 of 12657 HSN codes - Share of Sub-Chapter 5516: 0.61% of its exports; import side 1.47% - Rank within Sub-Chapter 5516: #13 of 27 by export value; import-side #13 ### Key metrics - Export CAGR: -15.86% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7092 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +112.74% in FY 2021-22 - Contribution to Sub-Ch. 5516: 0.61% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 55162300 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. 5516 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5516 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 9.30 | 0.0004% | — | 1.97% | 14.30 | 0.0004% | — | 3.84% | −5.00 | #5064 | | FY 2019-20 | 4.55 | 0.0002% | −51.08% | 1.07% | 34.58 | 0.0010% | +141.82% | 7.69% | −30.03 | #5970 | | FY 2020-21 | 2.12 | 0.0001% | −53.41% | 0.54% | 10.82 | 0.0004% | −68.71% | 3.41% | −8.70 | #6916 | | FY 2021-22 | 4.51 | 0.0001% | +112.74% | 0.69% | 44.95 | 0.0010% | +315.43% | 12.81% | −40.44 | #6481 | | FY 2022-23 | 3.15 | 0.0001% | −30.16% | 0.52% | 4.24 | 0.0001% | −90.57% | 2.42% | −1.09 | #6953 | | FY 2023-24 | 4.61 | 0.0001% | +46.35% | 0.71% | 6.18 | 0.0001% | +45.75% | 3.73% | −1.57 | #6668 | | FY 2024-25 | 3.30 | 0.0001% | −28.42% | 0.61% | 2.96 | 0.0000% | −52.10% | 1.47% | +0.34 | #7092 | - CAGR (7-year): exports -15.86%/yr, imports -23.09%/yr (consistently Surplus) ## Key trade insights: HSN Code 55162300 export-import analysis ### Export decline: -15.86% CAGR over 7 years India's exports under HSN Code 55162300 have declined at a compound annual rate of -15.86% over 7 fiscal years, falling from ₹9.30 Crore in FY 2018-19 to ₹3.30 Crore in FY 2024-25. ### HSN Code 55162300 ranked #7092 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 55162300 ranks #7092 out of 12657 HSN codes by total export value. Within Sub-Chapter 5516, it ranks #13 of 27. By trade surplus, it ranks #4931 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 55162300 exports The strongest single-year export movement for HSN Code 55162300 was recorded in FY 2021-22, when exports surged by 112.74% over the prior year. ### India maintains a trade surplus of ₹0.34 Crore in HSN Code 55162300 goods In FY 2024-25, India's exports of ₹3.30 Cr exceeded imports of ₹2.96 Cr, resulting in a trade surplus of ₹0.34 Crore — ranking #4931 of 12657 by surplus magnitude. ### Import growth of -23.09% CAGR signals stable import dependency for Mixed Artificial Staple Fibre with Manmade Filaments India's imports under HSN Code 55162300 have grown at -23.09% CAGR, reaching ₹2.96 Crore in FY 2024-25. ### HSN Code 55162300 contributes 0.61% of Sub-Chapter 5516 exports — ranked #13 Among the 27 HSN codes under Sub-Chapter 5516, HSN Code 55162300 ranks #13 by export value — accounting for 0.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.47% share (rank #13). ## Related HSN Codes in Sub-Chapter 5516 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 55161110: Artificial staple fibres, unbleached](https://busy.in/hsn/hsn-55161110/) | ₹175 Cr | | #2 | [HSN Code 55161490: Dyed artificial staple fibres](https://busy.in/hsn/hsn-55161490/) | ₹92 Cr | | #3 | [HSN Code 55161200: Dyed artificial staple fibres](https://busy.in/hsn/hsn-55161200/) | ₹91 Cr | | #4 | [HSN Code 55169200: Other : Dyed](https://busy.in/hsn/hsn-55169200/) | ₹52 Cr | | #5 | [HSN Code 55162200: Dyed Artificial Staple Fibre with Manmade Filaments](https://busy.in/hsn/hsn-55162200/) | ₹31 Cr | | #6 | [HSN Code 55169300: Other : Of yarns of different colours](https://busy.in/hsn/hsn-55169300/) | ₹19 Cr | | #7 | [HSN Code 55161410: Spun rayon printed shantung](https://busy.in/hsn/hsn-55161410/) | ₹16 Cr | | #8 | [HSN Code 55169400: Other \| Printed](https://busy.in/hsn/hsn-55169400/) | ₹14 Cr | | #9 | [HSN Code 55164110: Unbleached Artificial Staple Fibre with Cotton (<85%)](https://busy.in/hsn/hsn-55164110/) | ₹13 Cr | | #10 | [HSN Code 55161300: Artificial staple fibres, yarns of different colours](https://busy.in/hsn/hsn-55161300/) | ₹8 Cr | | #13 | HSN Code 55162300: Mixed Artificial Staple Fibre with Manmade Filaments (this hsn code) | ₹3 Cr |