HSN Code 56075040: Of Other Synthetic Fibres & Nylon Rope

HSN Code 56075040 represents Of Other Synthetic Fibres & Nylon Rope under GST classification. This code helps businesses identify Of Other Synthetic Fibres & Nylon Rope correctly for billing, taxation, and trade. With HSN Code 56075040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Other Synthetic Fibres & Nylon Rope.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 56075040

HSN Code 56075040 relates to the following description.

Description of Goods

Of other synthetic fibres : Nylon rope

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 56075040 not include?

Of Other Synthetic Fibres & Nylon Rope 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 56075040 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

₹27 Cr

+20.83% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

₹8 Cr

−3.56% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹19 Cr

Trade Surplus

Surplus rank #2870 of 12657 HSN codes

% of Sub-Chapter 5607

FY 2024-25

1.90%

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

Import side: 1.60% of Sub-Chapter 5607’s imports

Rank Within Sub-Chapter 5607

FY 2024-25

#4 of 15

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

Import-side rank: #4 of 15

At a glance

14.70%

Export CAGR

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

#4461

National Export Rank

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

+39.26%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.90%

Contribution to Sub-Ch. 5607

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

India Export-Import Trade Statistics for HSN Code 56075040

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 #4779

Balance

+8.58

Exports

11.97 ₹ Cr

0.0005% share

YoY

1.55% of Sub-Ch. 5607

Imports

3.39 ₹ Cr

0.0001% share

YoY

1.79% of Sub-Ch. 5607

FY 2019-20 Exp. Rank #4363

Balance

+13.07

Exports

16.67 ₹ Cr

0.0008% share

+39.26% YoY

2.08% of Sub-Ch. 5607

Imports

3.60 ₹ Cr

0.0001% share

+6.19% YoY

1.24% of Sub-Ch. 5607

FY 2020-21 Exp. Rank #4713

Balance

+7.84

Exports

13.48 ₹ Cr

0.0006% share

−19.14% YoY

1.63% of Sub-Ch. 5607

Imports

5.64 ₹ Cr

0.0002% share

+56.67% YoY

2.17% of Sub-Ch. 5607

FY 2021-22 Exp. Rank #4812

Balance

+9.33

Exports

16.87 ₹ Cr

0.0005% share

+25.15% YoY

1.42% of Sub-Ch. 5607

Imports

7.54 ₹ Cr

0.0002% share

+33.69% YoY

2.35% of Sub-Ch. 5607

FY 2022-23 Exp. Rank #4576

Balance

+14.72

Exports

21.69 ₹ Cr

0.0006% share

+28.57% YoY

1.81% of Sub-Ch. 5607

Imports

6.97 ₹ Cr

0.0001% share

−7.56% YoY

2.03% of Sub-Ch. 5607

FY 2023-24 Exp. Rank #4593

Balance

+13.84

Exports

22.56 ₹ Cr

0.0006% share

+4.01% YoY

1.93% of Sub-Ch. 5607

Imports

8.72 ₹ Cr

0.0002% share

+25.11% YoY

2.13% of Sub-Ch. 5607

FY 2024-25 Exp. Rank #4461

Balance

+18.85

Exports

27.26 ₹ Cr

0.0007% share

+20.83% YoY

1.90% of Sub-Ch. 5607

Imports

8.41 ₹ Cr

0.0001% share

−3.56% YoY

1.60% of Sub-Ch. 5607

CAGR · 7-Year

Exports

14.70% /yr

Imports

16.35% /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 56075040 Export-Import Analysis

Consistent Export Growth: 14.70% CAGR Over 7 Years

India's exports under HSN Code 56075040 have grown at a compound annual rate of 14.70% over 7 fiscal years, rising from ₹11.97 Crore in FY 2018-19 to ₹27.26 Crore in FY 2024-25.

HSN Code 56075040 Ranked #4461 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 56075040 ranks #4461 out of 12657 HSN codes by total export value. Within Sub-Chapter 5607, it ranks #4 of 15. By trade surplus, it ranks #2870 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 56075040 Exports

The strongest single-year export movement for HSN Code 56075040 was recorded in FY 2019-20, when exports surged by 39.26% over the prior year.

India Maintains a Trade Surplus of ₹18.85 Crore in HSN Code 56075040 Goods

In FY 2024-25, India's exports of ₹27.26 Cr exceeded imports of ₹8.41 Cr, resulting in a trade surplus of ₹18.85 Crore — ranking #2870 of 12657 by surplus magnitude.

Import Growth of 16.35% CAGR Signals Rising Demand for Of Other Synthetic Fibres & Nylon Rope

India's imports under HSN Code 56075040 have grown at 16.35% CAGR, reaching ₹8.41 Crore in FY 2024-25.

HSN Code 56075040 Contributes 1.90% of Sub-Chapter 5607 Exports — Ranked #4

Among the 15 HSN codes under Sub-Chapter 5607, HSN Code 56075040 ranks #4 by export value — accounting for 1.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.60% share (rank #4).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 56075040 and GST compliance.

What products are classified under HSN 56075040 ?

It includes Cordage, cable, ropes, twine of cotton

Do e‑way bill and e‑invoice apply for Of Other Synthetic Fibres & Nylon Rope?

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 should mixed supplies be billed when Of Other Synthetic Fibres & Nylon Rope 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 Rope; Nil for exempt items if applicable).

How much GST applies to Of Other Synthetic Fibres & Nylon Rope?

Under HSN 56075040, Of Other Synthetic Fibres & Nylon Rope attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Of Other Synthetic Fibres & Nylon Rope?

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

Does packaging or labelling change the GST for Of Other Synthetic Fibres & Nylon Rope?

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.

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.