HSN Code 56075010: Of other synthetic fibres : Nylon fish net twine

HSN Code 56075010 represents Of other synthetic fibres : Nylon fish net twine under GST classification. This code helps businesses identify Of other synthetic fibres : Nylon fish net twine correctly for billing, taxation, and trade. With HSN Code 56075010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of other synthetic fibres : Nylon fish net twine.

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Description of Goods for HSN Code 56075010

HSN Code 56075010 relates to the following description.

Description of Goods

Of other synthetic fibres : Nylon fish net twine

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%

What does HSN Code 56075010 not include?

Of other synthetic fibres : Nylon fish net twine 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

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

Other : Coir, cordage and ropes, other than of cotton (Jute twine, coir cordage or ropes)

India’s Trade Performance — HSN Code 56075010 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

₹22 Cr

+52.31% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+256.86% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹19 Cr

Trade Surplus

Surplus rank #2874 of 12657 HSN codes

% of Sub-Chapter 5607

FY 2024-25

1.56%

Share of Sub-Chapter 5607’s total exports in FY 2024-25

Import side: 0.69% of Sub-Chapter 5607’s imports

Rank Within Sub-Chapter 5607

FY 2024-25

#6 of 15

Position by export value among HSN codes in Sub-Chapter 5607

Import-side rank: #7 of 15

At a glance

13.95%

Export CAGR

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

#4718

National Export Rank

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

+107.07%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.56%

Contribution to Sub-Ch. 5607

Share of Sub-Chapter 5607 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 56075010

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 #4965

Balance

+9.12

Exports

10.23 ₹ Cr

0.0004% share

YoY

1.32% of Sub-Ch. 5607

Imports

1.11 ₹ Cr

0.0000% share

YoY

0.59% of Sub-Ch. 5607

FY 2019-20 Exp. Rank #5463

Balance

+6.77

Exports

6.91 ₹ Cr

0.0003% share

−32.45% YoY

0.86% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−87.39% YoY

0.05% of Sub-Ch. 5607

FY 2020-21 Exp. Rank #5284

Balance

+7.65

Exports

8.63 ₹ Cr

0.0004% share

+24.89% YoY

1.04% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+600.00% YoY

0.38% of Sub-Ch. 5607

FY 2021-22 Exp. Rank #4736

Balance

+16.52

Exports

17.87 ₹ Cr

0.0006% share

+107.07% YoY

1.50% of Sub-Ch. 5607

Imports

1.35 ₹ Cr

0.0000% share

+37.76% YoY

0.42% of Sub-Ch. 5607

FY 2022-23 Exp. Rank #5069

Balance

+14.03

Exports

14.98 ₹ Cr

0.0004% share

−16.17% YoY

1.25% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−29.63% YoY

0.28% of Sub-Ch. 5607

FY 2023-24 Exp. Rank #5192

Balance

+13.68

Exports

14.70 ₹ Cr

0.0004% share

−1.87% YoY

1.26% of Sub-Ch. 5607

Imports

1.02 ₹ Cr

0.0000% share

+7.37% YoY

0.25% of Sub-Ch. 5607

FY 2024-25 Exp. Rank #4718

Balance

+18.75

Exports

22.39 ₹ Cr

0.0006% share

+52.31% YoY

1.56% of Sub-Ch. 5607

Imports

3.64 ₹ Cr

0.0001% share

+256.86% YoY

0.69% of Sub-Ch. 5607

CAGR · 7-Year

Exports

13.95% /yr

Imports

21.89% /yr

Consistently Surplus
Sub-Chapter 5607 total

reference, FY 2024-25

Export

₹1,433.49 Cr

Import

₹524.63 Cr

Trade Balance

+908.86

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

Key Trade Insights: HSN Code 56075010 Export-Import Analysis

Consistent Export Growth: 13.95% CAGR Over 7 Years

India's exports under HSN Code 56075010 have grown at a compound annual rate of 13.95% over 7 fiscal years, rising from ₹10.23 Crore in FY 2018-19 to ₹22.39 Crore in FY 2024-25.

HSN Code 56075010 Ranked #4718 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 56075010 ranks #4718 out of 12657 HSN codes by total export value. Within Sub-Chapter 5607, it ranks #6 of 15. By trade surplus, it ranks #2874 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 56075010 Exports

The strongest single-year export movement for HSN Code 56075010 was recorded in FY 2021-22, when exports surged by 107.07% over the prior year.

India Maintains a Trade Surplus of ₹18.75 Crore in HSN Code 56075010 Goods

In FY 2024-25, India's exports of ₹22.39 Cr exceeded imports of ₹3.64 Cr, resulting in a trade surplus of ₹18.75 Crore — ranking #2874 of 12657 by surplus magnitude.

Import Growth of 21.89% CAGR Signals Rising Demand for Of other synthetic fibres : Nylon fish net twine

India's imports under HSN Code 56075010 have grown at 21.89% CAGR, reaching ₹3.64 Crore in FY 2024-25.

HSN Code 56075010 Contributes 1.56% of Sub-Chapter 5607 Exports — Ranked #6

Among the 15 HSN codes under Sub-Chapter 5607, HSN Code 56075010 ranks #6 by export value — accounting for 1.56% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.69% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56075010 and GST compliance.

What products are classified under HSN 56075010 ?

It includes Of Other Synthetic Fibres & Nylon Rope

Can we claim ITC on inputs used to trade Of other synthetic fibres : Nylon fish net twine?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Of other synthetic fibres : Nylon fish net 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.

Does packaging or labelling change the GST for Of other synthetic fibres : Nylon fish net 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 much GST applies to Of other synthetic fibres : Nylon fish net twine?

Under HSN 56075010, Of other synthetic fibres : Nylon fish net twine attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Of other synthetic fibres : Nylon fish net twine?

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

How should mixed supplies be billed when Of other synthetic fibres : Nylon fish net twine is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of other synthetic fibres : Nylon fish net twine; Nil for exempt items if applicable).

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.