--- title: "HSN Code for Textile yarn w/ rubber/plastic | HSN 56049000 GST Rate" description: "Find HSN and GST Rates for 56049000 related to Textile yarn w/ rubber/plastic with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-56049000/" --- # HSN Code 56049000: Textile yarn w/ rubber/plastic - [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 5604: Rubber-coated textile yarns](https://busy.in/hsn/sub-chapter-5604/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 56049000 ? It includes Imitation Zari Thread ### How much GST applies to Textile yarn w/ rubber/plastic? Under HSN 56049000, Textile yarn w/ rubber/plastic attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Textile yarn w/ rubber/plastic is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Textile yarn w/ rubber/plastic; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Textile yarn w/ rubber/plastic? 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. ### Any common misclassification issue with Textile yarn w/ rubber/plastic? 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 Textile yarn w/ rubber/plastic? 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 56049000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹19 Cr (+90.92% YoY) — 0.0005% of India's total exports - Imports: ₹30 Cr (−16.21% YoY) — 0.0005% of India's total imports - Trade balance: −₹11 Cr (Deficit); surplus rank #9156 of 12657 HSN codes - Share of Sub-Chapter 5604: 86.49% of its exports; import side 50.63% - Rank within Sub-Chapter 5604: #1 of 4 by export value; import-side #1 ### Key metrics - Export CAGR: 25.97% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4991 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +93.69% in FY 2022-23 - Contribution to Sub-Ch. 5604: 86.49% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 56049000 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. 5604 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5604 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.63 | 0.0002% | — | 68.19% | 22.36 | 0.0006% | — | 71.76% | −17.73 | #5949 | | FY 2019-20 | 3.54 | 0.0002% | −23.54% | 67.30% | 19.70 | 0.0006% | −11.90% | 67.49% | −16.16 | #6251 | | FY 2020-21 | 5.14 | 0.0002% | +45.20% | 65.73% | 20.40 | 0.0007% | +3.55% | 60.57% | −15.26 | #5903 | | FY 2021-22 | 8.08 | 0.0003% | +57.20% | 72.53% | 28.58 | 0.0006% | +40.10% | 64.21% | −20.50 | #5755 | | FY 2022-23 | 15.65 | 0.0004% | +93.69% | 81.43% | 39.02 | 0.0007% | +36.53% | 71.89% | −23.37 | #5010 | | FY 2023-24 | 9.69 | 0.0003% | −38.08% | 75.59% | 35.71 | 0.0006% | −8.48% | 70.27% | −26.02 | #5770 | | FY 2024-25 | 18.50 | 0.0005% | +90.92% | 86.49% | 29.92 | 0.0005% | −16.21% | 50.63% | −11.42 | #4991 | - CAGR (7-year): exports 25.97%/yr, imports 4.97%/yr (consistently Deficit) ## Key trade insights: HSN Code 56049000 export-import analysis ### Consistent export growth: 25.97% CAGR over 7 years India's exports under HSN Code 56049000 have grown at a compound annual rate of 25.97% over 7 fiscal years, rising from ₹4.63 Crore in FY 2018-19 to ₹18.50 Crore in FY 2024-25. ### HSN Code 56049000 ranked #4991 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 56049000 ranks #4991 out of 12657 HSN codes by total export value. Within Sub-Chapter 5604, it ranks #1 of 4. By trade surplus, it ranks #9156 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 56049000 exports The strongest single-year export movement for HSN Code 56049000 was recorded in FY 2022-23, when exports surged by 93.69% over the prior year. ### India records a trade deficit of ₹11.42 Crore in HSN Code 56049000 goods In FY 2024-25, India's imports of ₹29.92 Cr exceeded exports of ₹18.50 Cr, resulting in a trade deficit of ₹11.42 Crore — ranking #9156 of 12657 by surplus magnitude. ### Import growth of 4.97% CAGR signals stable import dependency for Textile yarn w/ rubber/plastic India's imports under HSN Code 56049000 have grown at 4.97% CAGR, reaching ₹29.92 Crore in FY 2024-25. ### HSN Code 56049000 contributes 86.49% of Sub-Chapter 5604 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 5604, HSN Code 56049000 ranks #1 by export value — accounting for 86.49% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.63% share (rank #1). ## Related HSN Codes in Sub-Chapter 5604 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 56049000: Textile yarn w/ rubber/plastic (this hsn code) | ₹19 Cr | | #2 | [HSN Code 56041000: Rubber Thread And Cord, Textile Covered](https://busy.in/hsn/hsn-56041000/) | ₹3 Cr | | — | [HSN Code 56042010: Other High Tenacity Yarn Coated Impregnated](https://busy.in/hsn/hsn-56042010/) | — | | — | [HSN Code 56042090: Jute Cordage Cable Rope Twine](https://busy.in/hsn/hsn-56042090/) | — |