HSN Code 58030092: Of other textile materials : Of synthetic fiber

HSN Code 58030092 represents Of other textile materials : Of synthetic fiber under GST classification. This code helps businesses identify Of other textile materials : Of synthetic fiber correctly for billing, taxation, and trade. With HSN Code 58030092, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of other textile materials : Of synthetic fiber.

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Description of Goods for HSN Code 58030092

HSN Code 58030092 relates to the following description.

Description of Goods

Of other textile materials : Of synthetic fiber

Chapter

58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery

Sub Chapter

5803 - Gauze, other than narrow fabrics of heading 5806

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 58030092 not include?

Of other textile materials : Of synthetic fiber does not include products with the following descriptions.

Gauze, other than narrow fabrics of heading 5806 5803 10 - of cotton:unbleached

Gauze, other than narrow fabrics of heading 5806 5803 10 - of cotton:bleached

Gauze, other than narrow fabrics of heading 5806 5803 10 - of cotton:piece dyed

Gauze, other than narrow fabrics of heading 5806 5803 10 - of cotton:yarn dyed

Gauze, other than narrow fabrics of heading 5806 5803 10 - of cotton:printed

Gauze, other than narrow fabrics of heading 5806 5803 10 - of other textile materials:of silk or silk waste

Gauze, other than narrow fabrics of heading 5806 5803 10 - of other textile materials:of synthetic fiber

Gauze, other than narrow fabrics of heading 5806 5803 10 - of other textile materials:of artificial fibre

Gauze, other than narrow fabrics of heading 5806 5803 10 - of other textile materials:other

India’s Trade Performance — HSN Code 58030092 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

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−57.14% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7874 of 12657 HSN codes

% of Sub-Chapter 5803

FY 2024-25

0.00%

Share of Sub-Chapter 5803’s total exports in FY 2024-25

Import side: 8.69% of Sub-Chapter 5803’s imports

At a glance

−100.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.00%

Contribution to Sub-Ch. 5803

Share of Sub-Chapter 5803 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 58030092

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

Balance

−0.10

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5803

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

3.05% of Sub-Ch. 5803

FY 2019-20 Exp. Rank #9870

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.50% of Sub-Ch. 5803

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5803

FY 2020-21

Balance

−0.15

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5803

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.94% of Sub-Ch. 5803

FY 2021-22

Balance

−0.38

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5803

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+153.33% YoY

5.05% of Sub-Ch. 5803

FY 2022-23

Balance

−0.33

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5803

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−13.16% YoY

1.72% of Sub-Ch. 5803

FY 2023-24

Balance

−2.10

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5803

Imports

2.10 ₹ Cr

0.0000% share

+536.36% YoY

16.88% of Sub-Ch. 5803

FY 2024-25

Balance

−0.90

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5803

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−57.14% YoY

8.69% of Sub-Ch. 5803

CAGR · 7-Year

Exports

Imports

44.23% /yr

Consistently Deficit
Sub-Chapter 5803 total

reference, FY 2024-25

Export

₹4.12 Cr

Import

₹10.36 Cr

Trade Balance

−6.24

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

Key Trade Insights: HSN Code 58030092 Export-Import Analysis

Export Snapshot for HSN Code 58030092

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

FY 2020-21 Was the Strongest Growth Year for HSN Code 58030092 Exports

The strongest single-year export movement for HSN Code 58030092 was recorded in FY 2020-21, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.90 Crore in HSN Code 58030092 Goods

In FY 2024-25, India's imports of ₹0.90 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.90 Crore — ranking #7874 of 12657 by surplus magnitude.

Import Growth of 44.23% CAGR Signals Rising Demand for Of other textile materials : Of synthetic fiber

India's imports under HSN Code 58030092 have grown at 44.23% CAGR, reaching ₹0.90 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 58030092 and GST compliance.

What products are classified under HSN 58030092 ?

It includes Tools For Tapping Or Threading | Chasers

Does packaging or labelling change the GST for Of other textile materials : Of synthetic fiber?

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 textile materials : Of synthetic fiber?

Under HSN 58030092, Of other textile materials : Of synthetic fiber attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Of other textile materials : Of synthetic fiber?

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 textile materials : Of synthetic fiber?

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 textile materials : Of synthetic fiber is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of other textile materials : Of synthetic fiber; 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.