--- title: "HSN Code for Tyre cord fabric of high-tenacity yarn | Other | HSN 59029090 GST Rate" description: "Find HSN and GST Rates for 59029090 related to Tyre cord fabric of high-tenacity yarn | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-59029090/" --- # HSN Code 59029090: Tyre cord fabric of high-tenacity yarn | Other - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 59: Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use](https://busy.in/hsn/chapter-59/) - [Sub-chapter 5902: Tyre cord fabric of nylon](https://busy.in/hsn/sub-chapter-5902/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 59029090 ? It includes Polyurethane imitation leather fabrics ### Do e‑way bill and e‑invoice apply for Tyre cord fabric of high-tenacity yarn / Other? 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 Tyre cord fabric of high-tenacity yarn / Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tyre cord fabric of high-tenacity yarn / Other; Nil for exempt items if applicable). ### Any common misclassification issue with Tyre cord fabric of high-tenacity yarn / Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Tyre cord fabric of high-tenacity yarn / Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Tyre cord fabric of high-tenacity yarn / Other? 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 Tyre cord fabric of high-tenacity yarn / Other? Under HSN 59029090, Tyre cord fabric of high-tenacity yarn / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 59029090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹85 Cr (+18.76% YoY) — 0.0023% of India's total exports - Imports: ₹3 Cr (−20.84% YoY) — 0.0000% of India's total imports - Trade balance: ₹82 Cr (Surplus); surplus rank #1749 of 12657 HSN codes - Share of Sub-Chapter 5902: 16.01% of its exports; import side 0.18% - Rank within Sub-Chapter 5902: #2 of 8 by export value; import-side #5 ### Key metrics - Export CAGR: 3.25% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2889 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +53.95% in FY 2021-22 - Contribution to Sub-Ch. 5902: 16.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 59029090 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5902 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5902 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 70.22 | 0.0031% | — | 19.55% | 5.73 | 0.0002% | — | 0.28% | +64.49 | #2419 | | FY 2019-20 | 51.35 | 0.0023% | −26.87% | 17.85% | 1.34 | 0.0000% | −76.61% | 0.09% | +50.01 | #2839 | | FY 2020-21 | 41.39 | 0.0019% | −19.40% | 13.42% | 2.16 | 0.0001% | +61.19% | 0.16% | +39.23 | #3204 | | FY 2021-22 | 63.72 | 0.0020% | +53.95% | 14.32% | 1.44 | 0.0000% | −33.33% | 0.05% | +62.28 | #3019 | | FY 2022-23 | 64.67 | 0.0018% | +1.49% | 14.57% | 3.14 | 0.0001% | +118.06% | 0.15% | +61.53 | #3131 | | FY 2023-24 | 71.63 | 0.0020% | +10.76% | 10.38% | 3.79 | 0.0001% | +20.70% | 0.21% | +67.84 | #3047 | | FY 2024-25 | 85.07 | 0.0023% | +18.76% | 16.01% | 3.00 | 0.0000% | −20.84% | 0.18% | +82.07 | #2889 | - CAGR (7-year): exports 3.25%/yr, imports -10.22%/yr (consistently Surplus) ## Key trade insights: HSN Code 59029090 export-import analysis ### Consistent export growth: 3.25% CAGR over 7 years India's exports under HSN Code 59029090 have grown at a compound annual rate of 3.25% over 7 fiscal years, rising from ₹70.22 Crore in FY 2018-19 to ₹85.07 Crore in FY 2024-25. ### HSN Code 59029090 ranked #2889 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 59029090 ranks #2889 out of 12657 HSN codes by total export value. Within Sub-Chapter 5902, it ranks #2 of 8. By trade surplus, it ranks #1749 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 59029090 exports The strongest single-year export movement for HSN Code 59029090 was recorded in FY 2021-22, when exports surged by 53.95% over the prior year. ### India maintains a trade surplus of ₹82.07 Crore in HSN Code 59029090 goods In FY 2024-25, India's exports of ₹85.07 Cr exceeded imports of ₹3.00 Cr, resulting in a trade surplus of ₹82.07 Crore — ranking #1749 of 12657 by surplus magnitude. ### Import growth of -10.22% CAGR signals stable import dependency for Tyre cord fabric of high-tenacity yarn | Other India's imports under HSN Code 59029090 have grown at -10.22% CAGR, reaching ₹3.00 Crore in FY 2024-25. ### HSN Code 59029090 contributes 16.01% of Sub-Chapter 5902 exports — ranked #2 Among the 8 HSN codes under Sub-Chapter 5902, HSN Code 59029090 ranks #2 by export value — accounting for 16.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.18% share (rank #5). ## Related HSN Codes in Sub-Chapter 5902 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 59029010: Other \| Impregnated With Rubber](https://busy.in/hsn/hsn-59029010/) | ₹396 Cr | | #2 | HSN Code 59029090: Tyre cord fabric of high-tenacity yarn \| Other (this hsn code) | ₹85 Cr | | #3 | [HSN Code 59021010: Nylon/polyamides impregnated with rubber](https://busy.in/hsn/hsn-59021010/) | ₹44 Cr | | #4 | [HSN Code 59022010: Of Polyesters \| Impregnated With Rubber](https://busy.in/hsn/hsn-59022010/) | ₹3 Cr | | #5 | [HSN Code 59022090: Of Polyesters \| Other](https://busy.in/hsn/hsn-59022090/) | ₹3 Cr | | #6 | [HSN Code 59021090: Of Nylon Or Other Polyamides \| Other](https://busy.in/hsn/hsn-59021090/) | < ₹1 Crore | | — | [HSN Code 59023010: Other Tyre Cord Fabric](https://busy.in/hsn/hsn-59023010/) | — | | — | [HSN Code 59023090: Backed Textile Wall Coverings](https://busy.in/hsn/hsn-59023090/) | — |