HSN Code 58089040 represents Rayon ribbons under GST classification. This code helps businesses identify Rayon ribbons correctly for billing, taxation, and trade. With HSN Code 58089040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rayon ribbons.
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HSN Code 58089040 relates to the following description.
Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles
Other : Ribbons of rayon with ornamental trimmings
6%
6%
12%
0%
Description of Goods
Other : Ribbons of rayon with ornamental trimmings
Chapter
58 - Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
Sub Chapter
5808 - Braids in the piece; ornamental trimmings in the piece, without embroidery, other than knitted or crocheted; tassels, pompons and similar articles
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Rayon ribbons does not include products with the following descriptions.
Braids, in the piece : Of cotton
Braids, in the piece : Other
Other : Tapes, ornamental or cotton
Other : Hair band of narrow fabrics
Other : Other braids
Other : Saree falls, borders (other than zari), frings of cotton
Other : Saree falls, borders (other than zari), frings of man-made fibre
Other : Other
Braids, in the piece : Of cotton
Braids, in the piece : Other
Other : Tapes, ornamental or cotton
Other : Hair band of narrow fabrics
Other : Other braids
Other : Saree falls, borders (other than zari), frings of cotton
Other : Saree falls, borders (other than zari), frings of man-made fibre
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #8027 of 12657 HSN codes
% of Sub-Chapter 5808
FY 2024-250.54%
Share of Sub-Chapter 5808’s total exports in FY 2024-25
Import side: 1.50% of Sub-Chapter 5808’s imports
Rank Within Sub-Chapter 5808
FY 2024-25#7 of 9
Position by export value among HSN codes in Sub-Chapter 5808
Import-side rank: #5 of 9
At a glance
−38.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8655
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+194.84%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.54%
Contribution to Sub-Ch. 5808
Share of Sub-Chapter 5808 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
−9.40
Exports
12.02 ₹ Cr
0.0005% share
— YoY
12.61% of Sub-Ch. 5808
Imports
21.42 ₹ Cr
0.0006% share
— YoY
16.43% of Sub-Ch. 5808
Balance
−2.78
Exports
35.44 ₹ Cr
0.0016% share
+194.84% YoY
26.42% of Sub-Ch. 5808
Imports
38.22 ₹ Cr
0.0011% share
+78.43% YoY
25.96% of Sub-Ch. 5808
Balance
+8.47
Exports
59.54 ₹ Cr
0.0028% share
+68.00% YoY
35.81% of Sub-Ch. 5808
Imports
51.07 ₹ Cr
0.0018% share
+33.62% YoY
34.77% of Sub-Ch. 5808
Balance
+10.44
Exports
82.47 ₹ Cr
0.0026% share
+38.51% YoY
41.26% of Sub-Ch. 5808
Imports
72.03 ₹ Cr
0.0016% share
+41.04% YoY
31.48% of Sub-Ch. 5808
Balance
−13.52
Exports
23.85 ₹ Cr
0.0007% share
−71.08% YoY
17.62% of Sub-Ch. 5808
Imports
37.37 ₹ Cr
0.0006% share
−48.12% YoY
19.04% of Sub-Ch. 5808
Balance
−12.40
Exports
3.18 ₹ Cr
0.0001% share
−86.67% YoY
2.80% of Sub-Ch. 5808
Imports
15.58 ₹ Cr
0.0003% share
−58.31% YoY
10.58% of Sub-Ch. 5808
Balance
−1.38
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−80.50% YoY
0.54% of Sub-Ch. 5808
Imports
2.00 ₹ Cr
0.0000% share
−87.16% YoY
1.50% of Sub-Ch. 5808
CAGR · 7-Year
Exports
−38.99% /yr
Imports
−32.65% /yr
reference, FY 2024-25
Export
₹114.51 Cr
Import
₹133.35 Cr
Trade Balance
−18.84
India's exports under HSN Code 58089040 have declined at a compound annual rate of −38.99% over 7 fiscal years, falling from ₹12.02 Crore in FY 2018-19 to ₹0.62 Crore in FY 2024-25.
In FY 2024-25, HSN Code 58089040 ranks #8655 out of 12657 HSN codes by total export value. Within Sub-Chapter 5808, it ranks #7 of 9. By trade surplus, it ranks #8027 of 12657.
The strongest single-year export movement for HSN Code 58089040 was recorded in FY 2019-20, when exports surged by 194.84% over the prior year.
In FY 2024-25, India's imports of ₹2.00 Cr exceeded exports of ₹0.62 Cr, resulting in a trade deficit of ₹1.38 Crore — ranking #8027 of 12657 by surplus magnitude.
India's imports under HSN Code 58089040 have grown at −32.65% CAGR, reaching ₹2.00 Crore in FY 2024-25.
Among the 9 HSN codes under Sub-Chapter 5808, HSN Code 58089040 ranks #7 by export value — accounting for 0.54% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.50% share (rank #5).
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Clear answers to common queries about HSN Code 58089040 and GST compliance.
It includes Braids, trimmings, tassels, pompons, non-embroidered | Other
Under HSN 58089040, Rayon ribbons attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rayon ribbons; Nil for exempt items if applicable).
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.