HSN Code 60053500: Synthetic Fibre Fabrics Specified in Sub-heading Note 1

HSN Code 60053500 represents Synthetic Fibre Fabrics Specified in Sub-heading Note 1 under GST classification. This code helps businesses identify Synthetic Fibre Fabrics Specified in Sub-heading Note 1 correctly for billing, taxation, and trade. With HSN Code 60053500, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Synthetic Fibre Fabrics Specified in Sub-heading Note 1.

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Description of Goods for HSN Code 60053500

HSN Code 60053500 relates to the following description.

Description of Goods

Of synthetic fibres : Fabrics specified in Sub-heading Note 1 to this Chapter

Chapter

60 - Knitted or crocheted fabrics

Sub Chapter

6005 - Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 60053500 not include?

Synthetic Fibre Fabrics Specified in Sub-heading Note 1 does not include products with the following descriptions.

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of wool or fine animal hair

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres :unbleached or bleached

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres :dyed

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres : of yarns of different colours

Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of synthetic fibres :printed

India’s Trade Performance — HSN Code 60053500 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

< ₹1 Crore

+159.26% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+60.12% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8552 of 12657 HSN codes

% of Sub-Chapter 6005

FY 2024-25

0.35%

Share of Sub-Chapter 6005’s total exports in FY 2024-25

Import side: 0.46% of Sub-Chapter 6005’s imports

Rank Within Sub-Chapter 6005

FY 2024-25

#11 of 21

Position by export value among HSN codes in Sub-Chapter 6005

Import-side rank: #8 of 21

At a glance

34.17%

Export CAGR

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

#8548

National Export Rank

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

+208.33%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.35%

Contribution to Sub-Ch. 6005

Share of Sub-Chapter 6005 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 60053500

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 #9103

Balance

−1.92

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.18% of Sub-Ch. 6005

Imports

2.04 ₹ Cr

0.0001% share

YoY

0.28% of Sub-Ch. 6005

FY 2019-20 Exp. Rank #8433

Balance

−2.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+208.33% YoY

0.51% of Sub-Ch. 6005

Imports

2.41 ₹ Cr

0.0001% share

+18.14% YoY

0.38% of Sub-Ch. 6005

FY 2020-21 Exp. Rank #9417

Balance

−1.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.08% YoY

0.07% of Sub-Ch. 6005

Imports

1.50 ₹ Cr

0.0001% share

−37.76% YoY

0.31% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #9228

Balance

+0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+171.43% YoY

0.13% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−90.67% YoY

0.02% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #8991

Balance

−5.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+73.68% YoY

0.20% of Sub-Ch. 6005

Imports

5.91 ₹ Cr

0.0001% share

+4,121.43% YoY

0.71% of Sub-Ch. 6005

FY 2023-24 Exp. Rank #9259

Balance

−2.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−18.18% YoY

0.15% of Sub-Ch. 6005

Imports

3.21 ₹ Cr

0.0001% share

−45.69% YoY

0.38% of Sub-Ch. 6005

FY 2024-25 Exp. Rank #8548

Balance

−4.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+159.26% YoY

0.35% of Sub-Ch. 6005

Imports

5.14 ₹ Cr

0.0001% share

+60.12% YoY

0.46% of Sub-Ch. 6005

CAGR · 7-Year

Exports

34.17% /yr

Imports

16.65% /yr

Consistently Deficit
Sub-Chapter 6005 total

reference, FY 2024-25

Export

₹197.66 Cr

Import

₹1,127.48 Cr

Trade Balance

−929.82

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

Key Trade Insights: HSN Code 60053500 Export-Import Analysis

Consistent Export Growth: 34.17% CAGR Over 7 Years

India's exports under HSN Code 60053500 have grown at a compound annual rate of 34.17% over 7 fiscal years, rising from ₹0.12 Crore in FY 2018-19 to ₹0.70 Crore in FY 2024-25.

HSN Code 60053500 Ranked #8548 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60053500 ranks #8548 out of 12657 HSN codes by total export value. Within Sub-Chapter 6005, it ranks #11 of 21. By trade surplus, it ranks #8552 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 60053500 Exports

The strongest single-year export movement for HSN Code 60053500 was recorded in FY 2019-20, when exports surged by 208.33% over the prior year.

India Records a Trade Deficit of ₹4.44 Crore in HSN Code 60053500 Goods

In FY 2024-25, India's imports of ₹5.14 Cr exceeded exports of ₹0.70 Cr, resulting in a trade deficit of ₹4.44 Crore — ranking #8552 of 12657 by surplus magnitude.

Import Growth of 16.65% CAGR Signals Rising Demand for Synthetic Fibre Fabrics Specified in Sub-heading Note 1

India's imports under HSN Code 60053500 have grown at 16.65% CAGR, reaching ₹5.14 Crore in FY 2024-25.

HSN Code 60053500 Contributes 0.35% of Sub-Chapter 6005 Exports — Ranked #11

Among the 21 HSN codes under Sub-Chapter 6005, HSN Code 60053500 ranks #11 by export value — accounting for 0.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.46% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60053500 and GST compliance.

What products are classified under HSN 60053500 ?

It includes Of Refined Copper | Other

Any common misclassification issue with Synthetic Fibre Fabrics Specified in Sub-heading Note 1?

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 Synthetic Fibre Fabrics Specified in Sub-heading Note 1?

Under HSN 60053500, Synthetic Fibre Fabrics Specified in Sub-heading Note 1 attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Synthetic Fibre Fabrics Specified in Sub-heading Note 1?

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.

Can we claim ITC on inputs used to trade Synthetic Fibre Fabrics Specified in Sub-heading Note 1?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Synthetic Fibre Fabrics Specified in Sub-heading Note 1 is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Synthetic Fibre Fabrics Specified in Sub-heading Note 1; Nil for exempt items if applicable).

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.