HSN Code 56075030: Of other synthetic fibres : Viscose tyre cord

HSN Code 56075030 represents Of other synthetic fibres : Viscose tyre cord under GST classification. This code helps businesses identify Of other synthetic fibres : Viscose tyre cord correctly for billing, taxation, and trade. With HSN Code 56075030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of other synthetic fibres : Viscose tyre cord.

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Description of Goods for HSN Code 56075030

HSN Code 56075030 relates to the following description.

Description of Goods

Of other synthetic fibres : Viscose tyre cord

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 56075030 not include?

Of other synthetic fibres : Viscose tyre cord 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 56075030 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−7.84% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #8033 of 12657 HSN codes

% of Sub-Chapter 5607

FY 2024-25

0.00%

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

Import side: 0.27% of Sub-Chapter 5607’s imports

At a glance

+250.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 5607

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

India Export-Import Trade Statistics for HSN Code 56075030

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 #9921

Balance

−0.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.20% of Sub-Ch. 5607

FY 2019-20

Balance

−0.53

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+39.47% YoY

0.18% of Sub-Ch. 5607

FY 2020-21 Exp. Rank #9473

Balance

−0.52

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.43% YoY

0.22% of Sub-Ch. 5607

FY 2021-22 Exp. Rank #10198

Balance

−0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−83.33% YoY

0.00% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−81.03% YoY

0.03% of Sub-Ch. 5607

FY 2022-23 Exp. Rank #10152

Balance

−0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.00% of Sub-Ch. 5607

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+281.82% YoY

0.12% of Sub-Ch. 5607

FY 2023-24 Exp. Rank #9929

Balance

−1.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+250.00% YoY

0.01% of Sub-Ch. 5607

Imports

1.53 ₹ Cr

0.0000% share

+264.29% YoY

0.37% of Sub-Ch. 5607

FY 2024-25

Balance

−1.41

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5607

Imports

1.41 ₹ Cr

0.0000% share

−7.84% YoY

0.27% of Sub-Ch. 5607

CAGR · 7-Year

Exports

Imports

24.42% /yr

Consistently Deficit
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 56075030 Export-Import Analysis

Export Snapshot for HSN Code 56075030

India exported ₹0.00 Crore worth of Of other synthetic fibres : Viscose tyre cord in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 56075030 Exports

The strongest single-year export movement for HSN Code 56075030 was recorded in FY 2023-24, when exports surged by 250.00% over the prior year.

India Records a Trade Deficit of ₹1.41 Crore in HSN Code 56075030 Goods

In FY 2024-25, India's imports of ₹1.41 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.41 Crore — ranking #8033 of 12657 by surplus magnitude.

Import Growth of 24.42% CAGR Signals Rising Demand for Of other synthetic fibres : Viscose tyre cord

India's imports under HSN Code 56075030 have grown at 24.42% CAGR, reaching ₹1.41 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56075030 and GST compliance.

What products are classified under HSN 56075030 ?

It includes Jute Twine/Coir Cordage/Ropes

How should mixed supplies be billed when Of other synthetic fibres : Viscose tyre cord 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 : Viscose tyre cord; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Of other synthetic fibres : Viscose tyre cord?

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.

Can we claim ITC on inputs used to trade 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.

Any common misclassification issue with Of other synthetic fibres : Viscose tyre cord?

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

How much GST applies to Of other synthetic fibres : Viscose tyre cord?

Under HSN 56075030, Of other synthetic fibres : Viscose tyre cord attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.