HSN Code 60033000: Of Synthetic Fibres
HSN Code 60033000 represents Of Synthetic Fibres under GST classification. This code helps businesses identify Of Synthetic Fibres correctly for billing, taxation, and trade. With HSN Code 60033000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Synthetic Fibres.
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Description of Goods for HSN Code 60033000
HSN Code 60033000 relates to the following description.
What does HSN Code 60033000 not include?
Of Synthetic Fibres does not include products with the following descriptions.
Of wool or fine animal hair
Of cotton
Of artificial fibres
Other
India’s Trade Performance — HSN Code 60033000 in FY 2024-25
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹3 Cr
Surplus rank #8335 of 12657 HSN codes
% of Sub-Chapter 6003
FY 2024-253.71%
Share of Sub-Chapter 6003’s total exports in FY 2024-25
Import side: 50.85% of Sub-Chapter 6003’s imports
Rank Within Sub-Chapter 6003
FY 2024-25#3 of 5
Position by export value among HSN codes in Sub-Chapter 6003
Import-side rank: #1 of 5
At a glance
−4.77%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7949
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+105.04%
Peak Growth Year
FY 2022-23 · strongest single-year move
3.71%
Contribution to Sub-Ch. 6003
Share of Sub-Chapter 6003 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 60033000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1.41
Exports
1.85 ₹ Cr
0.0001% share
— YoY
19.07% of Sub-Ch. 6003
Imports
3.26 ₹ Cr
0.0001% share
— YoY
84.90% of Sub-Ch. 6003
Balance
+0.43
Exports
2.36 ₹ Cr
0.0001% share
+27.57% YoY
34.65% of Sub-Ch. 6003
Imports
1.93 ₹ Cr
0.0001% share
−40.80% YoY
60.88% of Sub-Ch. 6003
Balance
−3.59
Exports
1.43 ₹ Cr
0.0001% share
−39.41% YoY
14.76% of Sub-Ch. 6003
Imports
5.02 ₹ Cr
0.0002% share
+160.10% YoY
22.95% of Sub-Ch. 6003
Balance
−1.72
Exports
1.19 ₹ Cr
0.0000% share
−16.78% YoY
11.30% of Sub-Ch. 6003
Imports
2.91 ₹ Cr
0.0001% share
−42.03% YoY
24.17% of Sub-Ch. 6003
Balance
−3.57
Exports
2.44 ₹ Cr
0.0001% share
+105.04% YoY
16.63% of Sub-Ch. 6003
Imports
6.01 ₹ Cr
0.0001% share
+106.53% YoY
68.30% of Sub-Ch. 6003
Balance
+0.08
Exports
4.50 ₹ Cr
0.0001% share
+84.43% YoY
17.32% of Sub-Ch. 6003
Imports
4.42 ₹ Cr
0.0001% share
−26.46% YoY
77.82% of Sub-Ch. 6003
Balance
−2.79
Exports
1.38 ₹ Cr
0.0000% share
−69.33% YoY
3.71% of Sub-Ch. 6003
Imports
4.17 ₹ Cr
0.0001% share
−5.66% YoY
50.85% of Sub-Ch. 6003
CAGR · 7-Year
Exports
−4.77% /yr
Imports
4.19% /yr
Key Trade Insights: HSN Code 60033000 Export-Import Analysis
Export Decline: −4.77% CAGR Over 7 Years
India's exports under HSN Code 60033000 have declined at a compound annual rate of −4.77% over 7 fiscal years, falling from ₹1.85 Crore in FY 2018-19 to ₹1.38 Crore in FY 2024-25.
HSN Code 60033000 Ranked #7949 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 60033000 ranks #7949 out of 12657 HSN codes by total export value. Within Sub-Chapter 6003, it ranks #3 of 5. By trade surplus, it ranks #8335 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 60033000 Exports
The strongest single-year export movement for HSN Code 60033000 was recorded in FY 2022-23, when exports surged by 105.04% over the prior year.
India Records a Trade Deficit of ₹2.79 Crore in HSN Code 60033000 Goods
In FY 2024-25, India's imports of ₹4.17 Cr exceeded exports of ₹1.38 Cr, resulting in a trade deficit of ₹2.79 Crore — ranking #8335 of 12657 by surplus magnitude.
Import Growth of 4.19% CAGR Signals Stable Import Dependency for Of Synthetic Fibres
India's imports under HSN Code 60033000 have grown at 4.19% CAGR, reaching ₹4.17 Crore in FY 2024-25.
HSN Code 60033000 Contributes 3.71% of Sub-Chapter 6003 Exports — Ranked #3
Among the 5 HSN codes under Sub-Chapter 6003, HSN Code 60033000 ranks #3 by export value — accounting for 3.71% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.85% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 60033000 and GST compliance.
What products are classified under HSN 60033000 ?
It includes Knitted or crocheted fabrics
How should mixed supplies be billed when Of Synthetic Fibres is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Synthetic Fibres; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Of Synthetic Fibres?
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.
Does packaging or labelling change the GST for Of Synthetic Fibres?
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.
Any common misclassification issue with Of Synthetic Fibres?
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 Of Synthetic Fibres?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How much GST applies to Of Synthetic Fibres?
Under HSN 60033000, Of Synthetic Fibres attracts Varies when sold in taxable form. Describe the exact form on the invoice.