HSN Code 56049000 represents Textile yarn w/ rubber/plastic under GST classification. This code helps businesses identify Textile yarn w/ rubber/plastic correctly for billing, taxation, and trade. With HSN Code 56049000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Textile yarn w/ rubber/plastic.
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HSN Code 56049000 relates to the following description.
Description of Goods
Other
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%
Textile yarn w/ rubber/plastic does not include products with the following descriptions.
Rubber thread and cord, textile covered
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
Rubber thread and cord, textile covered
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
India’s Exports
FY 2024-25₹19 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹30 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25−₹11 Cr
Surplus rank #9156 of 12657 HSN codes
% of Sub-Chapter 5604
FY 2024-2586.49%
Share of Sub-Chapter 5604’s total exports in FY 2024-25
Import side: 50.63% of Sub-Chapter 5604’s imports
Rank Within Sub-Chapter 5604
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 5604
Import-side rank: #1 of 4
At a glance
25.97%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4991
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+93.69%
Peak Growth Year
FY 2022-23 · strongest single-year move
86.49%
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
−17.73
Exports
4.63 ₹ Cr
0.0002% share
— YoY
68.19% of Sub-Ch. 5604
Imports
22.36 ₹ Cr
0.0006% share
— YoY
71.76% of Sub-Ch. 5604
Balance
−16.16
Exports
3.54 ₹ Cr
0.0002% share
−23.54% YoY
67.30% of Sub-Ch. 5604
Imports
19.70 ₹ Cr
0.0006% share
−11.90% YoY
67.49% of Sub-Ch. 5604
Balance
−15.26
Exports
5.14 ₹ Cr
0.0002% share
+45.20% YoY
65.73% of Sub-Ch. 5604
Imports
20.40 ₹ Cr
0.0007% share
+3.55% YoY
60.57% of Sub-Ch. 5604
Balance
−20.50
Exports
8.08 ₹ Cr
0.0003% share
+57.20% YoY
72.53% of Sub-Ch. 5604
Imports
28.58 ₹ Cr
0.0006% share
+40.10% YoY
64.21% of Sub-Ch. 5604
Balance
−23.37
Exports
15.65 ₹ Cr
0.0004% share
+93.69% YoY
81.43% of Sub-Ch. 5604
Imports
39.02 ₹ Cr
0.0007% share
+36.53% YoY
71.89% of Sub-Ch. 5604
Balance
−26.02
Exports
9.69 ₹ Cr
0.0003% share
−38.08% YoY
75.59% of Sub-Ch. 5604
Imports
35.71 ₹ Cr
0.0006% share
−8.48% YoY
70.27% of Sub-Ch. 5604
Balance
−11.42
Exports
18.50 ₹ Cr
0.0005% share
+90.92% YoY
86.49% of Sub-Ch. 5604
Imports
29.92 ₹ Cr
0.0005% share
−16.21% YoY
50.63% of Sub-Ch. 5604
CAGR · 7-Year
Exports
25.97% /yr
Imports
4.97% /yr
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.
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.
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.
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.
India's imports under HSN Code 56049000 have grown at 4.97% CAGR, reaching ₹29.92 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 56049000 and GST compliance.
It includes Imitation Zari Thread
Under HSN 56049000, Textile yarn w/ rubber/plastic attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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).
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.