HSN Code 59022010: Of Polyesters | Impregnated With Rubber

HSN Code 59022010 represents Of Polyesters | Impregnated With Rubber under GST classification. This code helps businesses identify Of Polyesters | Impregnated With Rubber correctly for billing, taxation, and trade. With HSN Code 59022010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Polyesters | Impregnated With Rubber.

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Description of Goods for HSN Code 59022010

HSN Code 59022010 relates to the following description.

Description of Goods

Of polyesters : Impregnated with rubber

Chapter

59 - Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use

Sub Chapter

5902 - Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 59022010 not include?

Of Polyesters | Impregnated With Rubber does not include products with the following descriptions.

Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon - other : impregnated with rubber

Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon - other : other

India’s Trade Performance — HSN Code 59022010 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

₹3 Cr

+20.92% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹391 Cr

+18.71% vs FY 2023-24

0.0064% of India’s total imports

Trade Balance

FY 2024-25

−₹387 Cr

Trade Deficit

Surplus rank #11740 of 12657 HSN codes

% of Sub-Chapter 5902

FY 2024-25

0.64%

Share of Sub-Chapter 5902’s total exports in FY 2024-25

Import side: 23.10% of Sub-Chapter 5902’s imports

Rank Within Sub-Chapter 5902

FY 2024-25

#4 of 8

Position by export value among HSN codes in Sub-Chapter 5902

Import-side rank: #3 of 8

At a glance

6.48%

Export CAGR

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

#7060

National Export Rank

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

+141.03%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.64%

Contribution to Sub-Ch. 5902

Share of Sub-Chapter 5902 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 59022010

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 #6781

Balance

−116.34

Exports

2.34 ₹ Cr

0.0001% share

YoY

0.65% of Sub-Ch. 5902

Imports

118.68 ₹ Cr

0.0033% share

YoY

5.89% of Sub-Ch. 5902

FY 2019-20 Exp. Rank #8275

Balance

−104.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.77% YoY

0.16% of Sub-Ch. 5902

Imports

104.46 ₹ Cr

0.0031% share

−11.98% YoY

7.23% of Sub-Ch. 5902

FY 2020-21 Exp. Rank #9183

Balance

−127.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.56% YoY

0.04% of Sub-Ch. 5902

Imports

127.52 ₹ Cr

0.0044% share

+22.08% YoY

9.63% of Sub-Ch. 5902

FY 2021-22

Balance

−345.46

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5902

Imports

345.46 ₹ Cr

0.0076% share

+170.91% YoY

13.03% of Sub-Ch. 5902

FY 2022-23 Exp. Rank #7966

Balance

−386.25

Exports

1.17 ₹ Cr

0.0000% share

YoY

0.26% of Sub-Ch. 5902

Imports

387.42 ₹ Cr

0.0067% share

+12.15% YoY

18.32% of Sub-Ch. 5902

FY 2023-24 Exp. Rank #7212

Balance

−326.45

Exports

2.82 ₹ Cr

0.0001% share

+141.03% YoY

0.41% of Sub-Ch. 5902

Imports

329.27 ₹ Cr

0.0059% share

−15.01% YoY

18.10% of Sub-Ch. 5902

FY 2024-25 Exp. Rank #7060

Balance

−387.45

Exports

3.41 ₹ Cr

0.0001% share

+20.92% YoY

0.64% of Sub-Ch. 5902

Imports

390.86 ₹ Cr

0.0064% share

+18.71% YoY

23.10% of Sub-Ch. 5902

CAGR · 7-Year

Exports

6.48% /yr

Imports

21.98% /yr

Consistently Deficit
Sub-Chapter 5902 total

reference, FY 2024-25

Export

₹531.31 Cr

Import

₹1,692.21 Cr

Trade Balance

−1,160.90

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

Key Trade Insights: HSN Code 59022010 Export-Import Analysis

Consistent Export Growth: 6.48% CAGR Over 7 Years

India's exports under HSN Code 59022010 have grown at a compound annual rate of 6.48% over 7 fiscal years, rising from ₹2.34 Crore in FY 2018-19 to ₹3.41 Crore in FY 2024-25.

HSN Code 59022010 Ranked #7060 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 59022010 ranks #7060 out of 12657 HSN codes by total export value. Within Sub-Chapter 5902, it ranks #4 of 8. By trade surplus, it ranks #11740 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 59022010 Exports

The strongest single-year export movement for HSN Code 59022010 was recorded in FY 2023-24, when exports surged by 141.03% over the prior year.

India Records a Trade Deficit of ₹387.45 Crore in HSN Code 59022010 Goods

In FY 2024-25, India's imports of ₹390.86 Cr exceeded exports of ₹3.41 Cr, resulting in a trade deficit of ₹387.45 Crore — ranking #11740 of 12657 by surplus magnitude.

Import Growth of 21.98% CAGR Signals Rising Demand for Of Polyesters | Impregnated With Rubber

India's imports under HSN Code 59022010 have grown at 21.98% CAGR, reaching ₹390.86 Crore in FY 2024-25.

HSN Code 59022010 Contributes 0.64% of Sub-Chapter 5902 Exports — Ranked #4

Among the 8 HSN codes under Sub-Chapter 5902, HSN Code 59022010 ranks #4 by export value — accounting for 0.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 23.10% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 59022010 and GST compliance.

What products are classified under HSN 59022010 ?

It includes Tyre cord fabric of high-tenacity yarn | Other

How should mixed supplies be billed when Of Polyesters / Impregnated With Rubber is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Polyesters / Impregnated With Rubber; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Of Polyesters / Impregnated With Rubber?

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 Polyesters / Impregnated With Rubber?

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 Polyesters / Impregnated With Rubber?

Under HSN 59022010, Of Polyesters / Impregnated With Rubber attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of Polyesters / Impregnated With Rubber?

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.