---
title: "HSN Code for Binder or baler twine | HSN 56074100 GST Rate"
description: "Find HSN and GST Rates for 56074100 related to Binder or baler twine with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-56074100/"
---

# HSN Code 56074100: Binder or baler twine

- [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 5607: Rubber-Coated Twine,Cables & Ropes](https://busy.in/hsn/sub-chapter-5607/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of polyethylene or polypropylene : Binder or baler twine | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 56074100 ?

It includes Of other synthetic fibres : Nylon tyre cord

### How much GST applies to Binder or baler twine?

Under HSN 56074100, Binder or baler twine attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Binder or baler twine?

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 Binder or baler twine is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Binder or baler twine; Nil for exempt items if applicable).

### Do e‑way bill and e‑invoice apply for Binder or baler twine?

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.

### Any common misclassification issue with Binder or baler twine?

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

## India's trade performance: HSN Code 56074100 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹9 Cr (+46.52% YoY) — 0.0002% of India's total exports
- Imports: < ₹1 Crore (−80.63% YoY) — 0.0000% of India's total imports
- Trade balance: ₹8 Cr (Surplus); surplus rank #3422 of 12657 HSN codes
- Share of Sub-Chapter 5607: 0.62% of its exports; import side 0.07%
- Rank within Sub-Chapter 5607: #9 of 15 by export value; import-side #12

### Key metrics

- Export CAGR: 28.02% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5935 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +71.23% in FY 2020-21
- Contribution to Sub-Ch. 5607: 0.62% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 56074100

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. 5607 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5607 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 2.01 | 0.0001% | — | 0.26% | Nil | 0.0000% | — | 0.00% | +2.01 | #6943 |
| FY 2019-20 | 2.12 | 0.0001% | +5.47% | 0.27% | < ₹1 Crore | 0.0000% | — | 0.02% | +2.07 | #6861 |
| FY 2020-21 | 3.63 | 0.0002% | +71.23% | 0.44% | < ₹1 Crore | 0.0000% | +420.00% | 0.10% | +3.37 | #6323 |
| FY 2021-22 | 2.87 | 0.0001% | −20.94% | 0.24% | < ₹1 Crore | 0.0000% | −53.85% | 0.04% | +2.75 | #6939 |
| FY 2022-23 | 4.11 | 0.0001% | +43.21% | 0.34% | 1.87 | 0.0000% | +1,458.33% | 0.54% | +2.24 | #6656 |
| FY 2023-24 | 6.04 | 0.0002% | +46.96% | 0.52% | 1.91 | 0.0000% | +2.14% | 0.47% | +4.13 | #6349 |
| FY 2024-25 | 8.85 | 0.0002% | +46.52% | 0.62% | < ₹1 Crore | 0.0000% | −80.63% | 0.07% | +8.48 | #5935 |

- CAGR (7-year): exports 28.02%/yr, imports —/yr (consistently Surplus)

## Key trade insights: HSN Code 56074100 export-import analysis

### Consistent export growth: 28.02% CAGR over 7 years

India's exports under HSN Code 56074100 have grown at a compound annual rate of 28.02% over 7 fiscal years, rising from ₹2.01 Crore in FY 2018-19 to ₹8.85 Crore in FY 2024-25.

### HSN Code 56074100 ranked #5935 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 56074100 ranks #5935 out of 12657 HSN codes by total export value. Within Sub-Chapter 5607, it ranks #9 of 15. By trade surplus, it ranks #3422 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 56074100 exports

The strongest single-year export movement for HSN Code 56074100 was recorded in FY 2020-21, when exports surged by 71.23% over the prior year.

### India maintains a trade surplus of ₹8.48 Crore in HSN Code 56074100 goods

In FY 2024-25, India's exports of ₹8.85 Cr exceeded imports of ₹0.37 Cr, resulting in a trade surplus of ₹8.48 Crore — ranking #3422 of 12657 by surplus magnitude.

### HSN Code 56074100 contributes 0.62% of Sub-Chapter 5607 exports — ranked #9

Among the 15 HSN codes under Sub-Chapter 5607, HSN Code 56074100 ranks #9 by export value — accounting for 0.62% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #12).

## Related HSN Codes in Sub-Chapter 5607

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 56074900: Of Polyester Staple Fibres \|Other\| Other](https://busy.in/hsn/hsn-56074900/) | ₹1,104 Cr |
| #2 | [HSN Code 56075090: Of other synthetic fibres : Other](https://busy.in/hsn/hsn-56075090/) | ₹120 Cr |
| #3 | [HSN Code 56079090: Other : Other](https://busy.in/hsn/hsn-56079090/) | ₹89 Cr |
| #4 | [HSN Code 56075040: Of Other Synthetic Fibres & Nylon Rope](https://busy.in/hsn/hsn-56075040/) | ₹27 Cr |
| #5 | [HSN Code 56079010: Jute Twine/Coir Cordage/Ropes](https://busy.in/hsn/hsn-56079010/) | ₹27 Cr |
| #6 | [HSN Code 56075010: Of other synthetic fibres : Nylon fish net twine](https://busy.in/hsn/hsn-56075010/) | ₹22 Cr |
| #7 | [HSN Code 56079020: Cordage, cable, ropes, twine of cotton](https://busy.in/hsn/hsn-56079020/) | ₹22 Cr |
| #8 | [HSN Code 56072900: Sisal/textile fibers: Other](https://busy.in/hsn/hsn-56072900/) | ₹12 Cr |
| #9 | HSN Code 56074100: Binder or baler twine (this hsn code) | ₹9 Cr |
| #10 | [HSN Code 56072100: Binder or Baler Twine of Sisal or Other Textile Fibres](https://busy.in/hsn/hsn-56072100/) | < ₹1 Crore |