HSN Code 59029090 represents Tyre cord fabric of high-tenacity yarn | Other under GST classification. This code helps businesses identify Tyre cord fabric of high-tenacity yarn | Other correctly for billing, taxation, and trade. With HSN Code 59029090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tyre cord fabric of high-tenacity yarn | Other.
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HSN Code 59029090 relates to the following description.
Description of Goods
Other : Other
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%
Tyre cord fabric of high-tenacity yarn | Other does not include products with the following descriptions.
Of nylon or other polyamides : Impregnated with rubber
Of nylon or other polyamides : Other
Of polyesters : Impregnated with rubber
Of polyesters : Other
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
Other : Impregnated with rubber
Of nylon or other polyamides : Impregnated with rubber
Of nylon or other polyamides : Other
Of polyesters : Impregnated with rubber
Of polyesters : Other
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
Other : Impregnated with rubber
India’s Exports
FY 2024-25₹85 Cr
0.0023% of India’s total exports
India’s Imports
FY 2024-25₹3 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹82 Cr
Surplus rank #1749 of 12657 HSN codes
% of Sub-Chapter 5902
FY 2024-2516.01%
Share of Sub-Chapter 5902’s total exports in FY 2024-25
Import side: 0.18% of Sub-Chapter 5902’s imports
Rank Within Sub-Chapter 5902
FY 2024-25#2 of 8
Position by export value among HSN codes in Sub-Chapter 5902
Import-side rank: #5 of 8
At a glance
3.25%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2889
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+53.95%
Peak Growth Year
FY 2021-22 · strongest single-year move
16.01%
Contribution to Sub-Ch. 5902
Share of Sub-Chapter 5902 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
+64.49
Exports
70.22 ₹ Cr
0.0031% share
— YoY
19.55% of Sub-Ch. 5902
Imports
5.73 ₹ Cr
0.0002% share
— YoY
0.28% of Sub-Ch. 5902
Balance
+50.01
Exports
51.35 ₹ Cr
0.0023% share
−26.87% YoY
17.85% of Sub-Ch. 5902
Imports
1.34 ₹ Cr
0.0000% share
−76.61% YoY
0.09% of Sub-Ch. 5902
Balance
+39.23
Exports
41.39 ₹ Cr
0.0019% share
−19.40% YoY
13.42% of Sub-Ch. 5902
Imports
2.16 ₹ Cr
0.0001% share
+61.19% YoY
0.16% of Sub-Ch. 5902
Balance
+62.28
Exports
63.72 ₹ Cr
0.0020% share
+53.95% YoY
14.32% of Sub-Ch. 5902
Imports
1.44 ₹ Cr
0.0000% share
−33.33% YoY
0.05% of Sub-Ch. 5902
Balance
+61.53
Exports
64.67 ₹ Cr
0.0018% share
+1.49% YoY
14.57% of Sub-Ch. 5902
Imports
3.14 ₹ Cr
0.0001% share
+118.06% YoY
0.15% of Sub-Ch. 5902
Balance
+67.84
Exports
71.63 ₹ Cr
0.0020% share
+10.76% YoY
10.38% of Sub-Ch. 5902
Imports
3.79 ₹ Cr
0.0001% share
+20.70% YoY
0.21% of Sub-Ch. 5902
Balance
+82.07
Exports
85.07 ₹ Cr
0.0023% share
+18.76% YoY
16.01% of Sub-Ch. 5902
Imports
3.00 ₹ Cr
0.0000% share
−20.84% YoY
0.18% of Sub-Ch. 5902
CAGR · 7-Year
Exports
3.25% /yr
Imports
−10.22% /yr
reference, FY 2024-25
Export
₹531.31 Cr
Import
₹1,692.21 Cr
Trade Balance
−1,160.90
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.
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.
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.
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.
India's imports under HSN Code 59029090 have grown at −10.22% CAGR, reaching ₹3.00 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 59029090 and GST compliance.
It includes Polyurethane imitation leather fabrics
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.
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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.