HSN Code 56074900 represents Of Polyester Staple Fibres |Other| Other under GST classification. This code helps businesses identify Of Polyester Staple Fibres |Other| Other correctly for billing, taxation, and trade. With HSN Code 56074900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Polyester Staple Fibres |Other| Other.
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HSN Code 56074900 relates to the following description.
Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics
Of polyethylene or polypropylene : Other
6%
6%
12%
0%
Description of Goods
Of polyethylene or polypropylene : Other
Chapter
56 - Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
Sub Chapter
5607 - Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Of Polyester Staple Fibres |Other| Other does not include products with the following descriptions.
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics - of jute or other textile bast fibres of heading 5303 : cordage, cable, rope and twine of jute
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics - of jute or other textile bast fibres of heading 5303 : other
Of sisal or other textile fibres of the genus Agave : Binder or baler twine
Of sisal or other textile fibres of the genus Agave : Other
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics of abaca (manila hemp or musa textillis nee) or other hard (leaf) fibres
Of polyethylene or polypropylene : Binder or baler twine
Of other synthetic fibres : Nylon fish net twine
Of other synthetic fibres : Nylon tyre cord
Of other synthetic fibres : Viscose tyre cord
Of other synthetic fibres : Nylon rope
Of other synthetic fibres : Other
Other : Coir, cordage and ropes, other than of cotton (Jute twine, coir cordage or ropes)
Other : Cordage, cable, ropes and twine, of cotton
Other : Other
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics - of jute or other textile bast fibres of heading 5303 : cordage, cable, rope and twine of jute
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics - of jute or other textile bast fibres of heading 5303 : other
Of sisal or other textile fibres of the genus Agave : Binder or baler twine
Of sisal or other textile fibres of the genus Agave : Other
Twine, cordage, ropes and cables, whether or not plaited or braided and whether or not impregnated, coated, covered or sheathed with rubber or plastics of abaca (manila hemp or musa textillis nee) or other hard (leaf) fibres
Of polyethylene or polypropylene : Binder or baler twine
Of other synthetic fibres : Nylon fish net twine
Of other synthetic fibres : Nylon tyre cord
Of other synthetic fibres : Viscose tyre cord
Of other synthetic fibres : Nylon rope
Of other synthetic fibres : Other
Other : Coir, cordage and ropes, other than of cotton (Jute twine, coir cordage or ropes)
Other : Cordage, cable, ropes and twine, of cotton
Other : Other
India’s Exports
FY 2024-25₹1,104 Cr
0.0300% of India’s total exports
India’s Imports
FY 2024-25₹32 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25₹1,073 Cr
Surplus rank #333 of 12657 HSN codes
% of Sub-Chapter 5607
FY 2024-2577.04%
Share of Sub-Chapter 5607’s total exports in FY 2024-25
Import side: 6.03% of Sub-Chapter 5607’s imports
Rank Within Sub-Chapter 5607
FY 2024-25#1 of 15
Position by export value among HSN codes in Sub-Chapter 5607
Import-side rank: #3 of 15
At a glance
14.28%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#480
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+60.33%
Peak Growth Year
FY 2021-22 · strongest single-year move
77.04%
Contribution to Sub-Ch. 5607
Share of Sub-Chapter 5607 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
+493.10
Exports
495.84 ₹ Cr
0.0217% share
— YoY
64.19% of Sub-Ch. 5607
Imports
2.74 ₹ Cr
0.0001% share
— YoY
1.45% of Sub-Ch. 5607
Balance
+533.02
Exports
547.92 ₹ Cr
0.0249% share
+10.50% YoY
68.50% of Sub-Ch. 5607
Imports
14.90 ₹ Cr
0.0004% share
+443.80% YoY
5.15% of Sub-Ch. 5607
Balance
+564.84
Exports
591.47 ₹ Cr
0.0275% share
+7.95% YoY
71.40% of Sub-Ch. 5607
Imports
26.63 ₹ Cr
0.0009% share
+78.72% YoY
10.25% of Sub-Ch. 5607
Balance
+939.40
Exports
948.32 ₹ Cr
0.0302% share
+60.33% YoY
79.57% of Sub-Ch. 5607
Imports
8.92 ₹ Cr
0.0002% share
−66.50% YoY
2.78% of Sub-Ch. 5607
Balance
+924.72
Exports
947.08 ₹ Cr
0.0262% share
−0.13% YoY
79.15% of Sub-Ch. 5607
Imports
22.36 ₹ Cr
0.0004% share
+150.67% YoY
6.51% of Sub-Ch. 5607
Balance
+904.67
Exports
925.97 ₹ Cr
0.0256% share
−2.23% YoY
79.26% of Sub-Ch. 5607
Imports
21.30 ₹ Cr
0.0004% share
−4.74% YoY
5.21% of Sub-Ch. 5607
Balance
+1,072.79
Exports
1,104.40 ₹ Cr
0.0300% share
+19.27% YoY
77.04% of Sub-Ch. 5607
Imports
31.61 ₹ Cr
0.0005% share
+48.40% YoY
6.03% of Sub-Ch. 5607
CAGR · 7-Year
Exports
14.28% /yr
Imports
50.32% /yr
reference, FY 2024-25
Export
₹1,433.49 Cr
Import
₹524.63 Cr
Trade Balance
+908.86
India's exports under HSN Code 56074900 have grown at a compound annual rate of 14.28% over 7 fiscal years, rising from ₹495.84 Crore in FY 2018-19 to ₹1,104.40 Crore in FY 2024-25.
In FY 2024-25, HSN Code 56074900 ranks #480 out of 12657 HSN codes by total export value. Within Sub-Chapter 5607, it ranks #1 of 15. By trade surplus, it ranks #333 of 12657.
The strongest single-year export movement for HSN Code 56074900 was recorded in FY 2021-22, when exports surged by 60.33% over the prior year.
In FY 2024-25, India's exports of ₹1,104.40 Cr exceeded imports of ₹31.61 Cr, resulting in a trade surplus of ₹1,072.79 Crore — ranking #333 of 12657 by surplus magnitude.
India's imports under HSN Code 56074900 have grown at 50.32% CAGR, reaching ₹31.61 Crore in FY 2024-25.
Among the 15 HSN codes under Sub-Chapter 5607, HSN Code 56074900 ranks #1 by export value — accounting for 77.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.03% share (rank #3).
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 56074900 and GST compliance.
It includes Of other synthetic fibres : Viscose tyre cord
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Under HSN 56074900, Of Polyester Staple Fibres /Other/ Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.