HSN Code 56041000 represents Rubber Thread And Cord, Textile Covered under GST classification. This code helps businesses identify Rubber Thread And Cord, Textile Covered correctly for billing, taxation, and trade. With HSN Code 56041000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rubber Thread And Cord, Textile Covered.
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HSN Code 56041000 relates to the following description.
Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics
Rubber thread and cord, textile covered
6%
6%
12%
0%
Description of Goods
Rubber thread and cord, textile covered
Chapter
56 - Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
Sub Chapter
5604 - Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Rubber Thread And Cord, Textile Covered does not include products with the following descriptions.
Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics - high tenacity yarn of polyesters, of nylon or other polyamides or of viscose rayon, impregnated or coated : imitation gut (nylon) for rackets
Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics - high tenacity yarn of polyesters, of nylon or other polyamides or of viscose rayon, impregnated or coated : other
Other
Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics - high tenacity yarn of polyesters, of nylon or other polyamides or of viscose rayon, impregnated or coated : imitation gut (nylon) for rackets
Rubber thread and cord, textile covered; textile yarn, and strip and the like of heading 5404 or 5405, impregnated, coated, covered or sheathed with rubber or plastics - high tenacity yarn of polyesters, of nylon or other polyamides or of viscose rayon, impregnated or coated : other
Other
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹29 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25−₹26 Cr
Surplus rank #9747 of 12657 HSN codes
% of Sub-Chapter 5604
FY 2024-2513.51%
Share of Sub-Chapter 5604’s total exports in FY 2024-25
Import side: 49.37% of Sub-Chapter 5604’s imports
Rank Within Sub-Chapter 5604
FY 2024-25#2 of 4
Position by export value among HSN codes in Sub-Chapter 5604
Import-side rank: #2 of 4
At a glance
4.97%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7239
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+54.91%
Peak Growth Year
FY 2020-21 · strongest single-year move
13.51%
Contribution to Sub-Ch. 5604
Share of Sub-Chapter 5604 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−6.64
Exports
2.16 ₹ Cr
0.0001% share
— YoY
31.81% of Sub-Ch. 5604
Imports
8.80 ₹ Cr
0.0002% share
— YoY
28.24% of Sub-Ch. 5604
Balance
−7.76
Exports
1.73 ₹ Cr
0.0001% share
−19.91% YoY
32.89% of Sub-Ch. 5604
Imports
9.49 ₹ Cr
0.0003% share
+7.84% YoY
32.51% of Sub-Ch. 5604
Balance
−10.60
Exports
2.68 ₹ Cr
0.0001% share
+54.91% YoY
34.27% of Sub-Ch. 5604
Imports
13.28 ₹ Cr
0.0005% share
+39.94% YoY
39.43% of Sub-Ch. 5604
Balance
−12.86
Exports
3.07 ₹ Cr
0.0001% share
+14.55% YoY
27.56% of Sub-Ch. 5604
Imports
15.93 ₹ Cr
0.0003% share
+19.95% YoY
35.79% of Sub-Ch. 5604
Balance
−11.69
Exports
3.57 ₹ Cr
0.0001% share
+16.29% YoY
18.57% of Sub-Ch. 5604
Imports
15.26 ₹ Cr
0.0003% share
−4.21% YoY
28.11% of Sub-Ch. 5604
Balance
−11.99
Exports
3.13 ₹ Cr
0.0001% share
−12.32% YoY
24.42% of Sub-Ch. 5604
Imports
15.12 ₹ Cr
0.0003% share
−0.92% YoY
29.75% of Sub-Ch. 5604
Balance
−26.29
Exports
2.89 ₹ Cr
0.0001% share
−7.67% YoY
13.51% of Sub-Ch. 5604
Imports
29.18 ₹ Cr
0.0005% share
+92.99% YoY
49.37% of Sub-Ch. 5604
CAGR · 7-Year
Exports
4.97% /yr
Imports
22.11% /yr
India's exports under HSN Code 56041000 have grown at a compound annual rate of 4.97% over 7 fiscal years, rising from ₹2.16 Crore in FY 2018-19 to ₹2.89 Crore in FY 2024-25.
In FY 2024-25, HSN Code 56041000 ranks #7239 out of 12657 HSN codes by total export value. Within Sub-Chapter 5604, it ranks #2 of 4. By trade surplus, it ranks #9747 of 12657.
The strongest single-year export movement for HSN Code 56041000 was recorded in FY 2020-21, when exports surged by 54.91% over the prior year.
In FY 2024-25, India's imports of ₹29.18 Cr exceeded exports of ₹2.89 Cr, resulting in a trade deficit of ₹26.29 Crore — ranking #9747 of 12657 by surplus magnitude.
India's imports under HSN Code 56041000 have grown at 22.11% CAGR, reaching ₹29.18 Crore in FY 2024-25.
Among the 4 HSN codes under Sub-Chapter 5604, HSN Code 56041000 ranks #2 by export value — accounting for 13.51% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 49.37% share (rank #2).
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Clear answers to common queries about HSN Code 56041000 and GST compliance.
It includes Agglomerated Manganese Ore
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 56041000, Rubber Thread And Cord, Textile Covered attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.