--- title: "HSN Code for Man-made filaments, more than 150 g/m2 | HSN 56031400 GST Rate" description: "Find HSN and GST Rates for 56031400 related to Man-made filaments, more than 150 g/m2 with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-56031400/" --- # HSN Code 56031400: Man-made filaments, more than 150 g/m2 - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 56: Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof](https://busy.in/hsn/chapter-56/) - [Sub-chapter 5603: Nonwoven fabrics](https://busy.in/hsn/sub-chapter-5603/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of man-made filaments : Weighing more than 150 g/m2 | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 56031400 ? It includes Fabric weighing 25-70 g/m2 ### Do e‑way bill and e‑invoice apply for Man-made filaments, more than 150 g/m2? 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. ### How much GST applies to Man-made filaments, more than 150 g/m2? Under HSN 56031400, Man-made filaments, more than 150 g/m2 attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Man-made filaments, more than 150 g/m2? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Man-made filaments, more than 150 g/m2? 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 Man-made filaments, more than 150 g/m2? 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 56031400 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹275 Cr (+38.39% YoY) — 0.0075% of India's total exports - Imports: ₹297 Cr (+56.60% YoY) — 0.0049% of India's total imports - Trade balance: −₹22 Cr (Deficit); surplus rank #9598 of 12657 HSN codes - Share of Sub-Chapter 5603: 14.20% of its exports; import side 16.38% - Rank within Sub-Chapter 5603: #3 of 15 by export value; import-side #3 ### Key metrics - Export CAGR: 13.18% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1526 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +97.70% in FY 2021-22 - Contribution to Sub-Ch. 5603: 14.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 56031400 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. 5603 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5603 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 130.84 | 0.0057% | — | 13.15% | 146.56 | 0.0041% | — | 8.75% | −15.72 | #1715 | | FY 2019-20 | 93.21 | 0.0042% | −28.76% | 10.26% | 128.95 | 0.0039% | −12.02% | 7.68% | −35.74 | #2089 | | FY 2020-21 | 49.66 | 0.0023% | −46.72% | 3.18% | 136.50 | 0.0047% | +5.86% | 9.38% | −86.84 | #2940 | | FY 2021-22 | 98.18 | 0.0031% | +97.70% | 6.41% | 200.27 | 0.0044% | +46.72% | 10.68% | −102.09 | #2437 | | FY 2022-23 | 171.35 | 0.0047% | +74.53% | 14.62% | 237.47 | 0.0041% | +18.57% | 13.57% | −66.12 | #1890 | | FY 2023-24 | 198.73 | 0.0055% | +15.98% | 12.57% | 189.35 | 0.0034% | −20.26% | 11.85% | +9.38 | #1788 | | FY 2024-25 | 275.03 | 0.0075% | +38.39% | 14.20% | 296.53 | 0.0049% | +56.60% | 16.38% | −21.50 | #1526 | - CAGR (7-year): exports 13.18%/yr, imports 12.46%/yr (consistently Deficit) ## Key trade insights: HSN Code 56031400 export-import analysis ### Consistent export growth: 13.18% CAGR over 7 years India's exports under HSN Code 56031400 have grown at a compound annual rate of 13.18% over 7 fiscal years, rising from ₹130.84 Crore in FY 2018-19 to ₹275.03 Crore in FY 2024-25. ### HSN Code 56031400 ranked #1526 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 56031400 ranks #1526 out of 12657 HSN codes by total export value. Within Sub-Chapter 5603, it ranks #3 of 15. By trade surplus, it ranks #9598 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 56031400 exports The strongest single-year export movement for HSN Code 56031400 was recorded in FY 2021-22, when exports surged by 97.70% over the prior year. ### India records a trade deficit of ₹21.50 Crore in HSN Code 56031400 goods In FY 2024-25, India's imports of ₹296.53 Cr exceeded exports of ₹275.03 Cr, resulting in a trade deficit of ₹21.50 Crore — ranking #9598 of 12657 by surplus magnitude. ### Import growth of 12.46% CAGR signals rising demand for Man-made filaments, more than 150 g/m2 India's imports under HSN Code 56031400 have grown at 12.46% CAGR, reaching ₹296.53 Crore in FY 2024-25. ### HSN Code 56031400 contributes 14.20% of Sub-Chapter 5603 exports — ranked #3 Among the 15 HSN codes under Sub-Chapter 5603, HSN Code 56031400 ranks #3 by export value — accounting for 14.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 16.38% share (rank #3). ## Related HSN Codes in Sub-Chapter 5603 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 56031200: Man-made Filaments: Weight 25-70 g/m²](https://busy.in/hsn/hsn-56031200/) | ₹788 Cr | | #2 | [HSN Code 56031300: Man-Made Filament Fabrics: >70 g/m2 to ≤150 g/m2](https://busy.in/hsn/hsn-56031300/) | ₹333 Cr | | #3 | HSN Code 56031400: Man-made filaments, more than 150 g/m2 (this hsn code) | ₹275 Cr | | #4 | [HSN Code 56031190: Man-made filaments ≤ 25 g/m²: Other](https://busy.in/hsn/hsn-56031190/) | ₹252 Cr | | #5 | [HSN Code 56039100: Other \| Weighing Not More Than 25 G/M2](https://busy.in/hsn/hsn-56039100/) | ₹81 Cr | | #6 | [HSN Code 56039490: Other\| Weighing More Than 150 G/M2](https://busy.in/hsn/hsn-56039490/) | ₹76 Cr | | #7 | [HSN Code 56039200: Fabric weighing 25-70 g/m2](https://busy.in/hsn/hsn-56039200/) | ₹51 Cr | | #8 | [HSN Code 56039390: Fabrics weighing 70-150 g/m2](https://busy.in/hsn/hsn-56039390/) | ₹46 Cr | | #9 | [HSN Code 56039410: Non-woven Geotextile](https://busy.in/hsn/hsn-56039410/) | ₹21 Cr | | #10 | [HSN Code 56039310: Mulch Mats (IS 17355, 70-150 g/m²)](https://busy.in/hsn/hsn-56039310/) | ₹9 Cr |