HSN Code 56060090: Other Gimped/Chenille/Loop Wale Yarn

HSN Code 56060090 represents Other Gimped/Chenille/Loop Wale Yarn under GST classification. This code helps businesses identify Other Gimped/Chenille/Loop Wale Yarn correctly for billing, taxation, and trade. With HSN Code 56060090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Gimped/Chenille/Loop Wale Yarn.

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Description of Goods for HSN Code 56060090

HSN Code 56060090 relates to the following description.

Description of Goods

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : Other

Chapter

56 - Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof

Sub Chapter

5606 - Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 56060090 not include?

Other Gimped/Chenille/Loop Wale Yarn does not include products with the following descriptions.

HSN Code 56060010

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : – Trimmings, of cotton

HSN Code 56060020

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : Trimmings, of man-made fibres

HSN Code 56060030

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : Trimmings, of zari

India’s Trade Performance — HSN Code 56060090 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹111 Cr

+16.12% vs FY 2023-24

0.0030% of India’s total exports

India’s Imports

FY 2024-25

₹527 Cr

+24.41% vs FY 2023-24

0.0087% of India’s total imports

Trade Balance

FY 2024-25

−₹417 Cr

Trade Deficit

Surplus rank #11786 of 12657 HSN codes

% of Sub-Chapter 5606

FY 2024-25

76.11%

Share of Sub-Chapter 5606’s total exports in FY 2024-25

Import side: 98.38% of Sub-Chapter 5606’s imports

Rank Within Sub-Chapter 5606

FY 2024-25

#1 of 4

Position by export value among HSN codes in Sub-Chapter 5606

Import-side rank: #1 of 4

At a glance

34.69%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2529

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+130.95%

Peak Growth Year

FY 2022-23 · strongest single-year move

76.11%

Contribution to Sub-Ch. 5606

Share of Sub-Chapter 5606 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 56060090

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #4205

Balance

+8.42

Exports

18.53 ₹ Cr

0.0008% share

— YoY

38.10% of Sub-Ch. 5606

Imports

10.11 ₹ Cr

0.0003% share

— YoY

99.80% of Sub-Ch. 5606

FY 2019-20 Exp. Rank #4726

Balance

−0.15

Exports

12.45 ₹ Cr

0.0006% share

−32.81% YoY

38.75% of Sub-Ch. 5606

Imports

12.60 ₹ Cr

0.0004% share

+24.63% YoY

90.45% of Sub-Ch. 5606

FY 2020-21 Exp. Rank #4901

Balance

−60.17

Exports

11.35 ₹ Cr

0.0005% share

−8.84% YoY

28.25% of Sub-Ch. 5606

Imports

71.52 ₹ Cr

0.0025% share

+467.62% YoY

99.09% of Sub-Ch. 5606

FY 2021-22 Exp. Rank #4381

Balance

−147.31

Exports

23.52 ₹ Cr

0.0007% share

+107.22% YoY

42.41% of Sub-Ch. 5606

Imports

170.83 ₹ Cr

0.0037% share

+138.86% YoY

97.53% of Sub-Ch. 5606

FY 2022-23 Exp. Rank #3363

Balance

−303.18

Exports

54.32 ₹ Cr

0.0015% share

+130.95% YoY

61.57% of Sub-Ch. 5606

Imports

357.50 ₹ Cr

0.0062% share

+109.27% YoY

98.20% of Sub-Ch. 5606

FY 2023-24 Exp. Rank #2647

Balance

−328.54

Exports

95.28 ₹ Cr

0.0026% share

+75.41% YoY

70.24% of Sub-Ch. 5606

Imports

423.82 ₹ Cr

0.0075% share

+18.55% YoY

98.67% of Sub-Ch. 5606

FY 2024-25 Exp. Rank #2529

Balance

−416.62

Exports

110.64 ₹ Cr

0.0030% share

+16.12% YoY

76.11% of Sub-Ch. 5606

Imports

527.26 ₹ Cr

0.0087% share

+24.41% YoY

98.38% of Sub-Ch. 5606

CAGR · 7-Year

Exports

34.69% /yr

Imports

93.29% /yr

Consistently Deficit
Sub-Chapter 5606 total

reference, FY 2024-25

Export

₹145.36 Cr

Import

₹535.95 Cr

Trade Balance

−390.59

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 56060090 Export-Import Analysis

Consistent Export Growth: 34.69% CAGR Over 7 Years

India's exports under HSN Code 56060090 have grown at a compound annual rate of 34.69% over 7 fiscal years, rising from ₹18.53 Crore in FY 2018-19 to ₹110.64 Crore in FY 2024-25.

HSN Code 56060090 Ranked #2529 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 56060090 ranks #2529 out of 12657 HSN codes by total export value. Within Sub-Chapter 5606, it ranks #1 of 4. By trade surplus, it ranks #11786 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 56060090 Exports

The strongest single-year export movement for HSN Code 56060090 was recorded in FY 2022-23, when exports surged by 130.95% over the prior year.

India Records a Trade Deficit of ₹416.62 Crore in HSN Code 56060090 Goods

In FY 2024-25, India's imports of ₹527.26 Cr exceeded exports of ₹110.64 Cr, resulting in a trade deficit of ₹416.62 Crore — ranking #11786 of 12657 by surplus magnitude.

Import Growth of 93.29% CAGR Signals Rising Demand for Other Gimped/Chenille/Loop Wale Yarn

India's imports under HSN Code 56060090 have grown at 93.29% CAGR, reaching ₹527.26 Crore in FY 2024-25.

HSN Code 56060090 Contributes 76.11% of Sub-Chapter 5606 Exports — Ranked #1

Among the 4 HSN codes under Sub-Chapter 5606, HSN Code 56060090 ranks #1 by export value — accounting for 76.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 98.38% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56060090 and GST compliance.

What products are classified under HSN 56060090 ?

It includes Binder or baler twine

Do e‑way bill and e‑invoice apply for Other Gimped/Chenille/Loop Wale Yarn?

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 Other Gimped/Chenille/Loop Wale Yarn?

Under HSN 56060090, Other Gimped/Chenille/Loop Wale Yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other Gimped/Chenille/Loop Wale Yarn?

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 should mixed supplies be billed when Other Gimped/Chenille/Loop Wale Yarn is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Gimped/Chenille/Loop Wale Yarn; Nil for exempt items if applicable).

Any common misclassification issue with Other Gimped/Chenille/Loop Wale Yarn?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.