HSN Code 60053800: Synthetic fibre yarns

HSN Code 60053800 represents Synthetic fibre yarns under GST classification. This code helps businesses identify Synthetic fibre yarns correctly for billing, taxation, and trade. With HSN Code 60053800, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Synthetic fibre yarns.

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Description of Goods for HSN Code 60053800

HSN Code 60053800 relates to the following description.

Description of Goods

Of synthetic fibres : Other, Of yarns of different colours

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 60053800 not include?

Synthetic fibre yarns does not include products with the following descriptions.

HSN Code 60051000

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

HSN Code 60053100

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

HSN Code 60053200

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

HSN Code 60053300

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

HSN Code 60053400

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

HSN Code 60053500

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

India’s Trade Performance — HSN Code 60053800 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

₹19 Cr

−6.78% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹35 Cr

+493.89% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

−₹16 Cr

Trade Deficit

Surplus rank #9390 of 12657 HSN codes

% of Sub-Chapter 6005

FY 2024-25

9.74%

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

Import side: 3.10% of Sub-Chapter 6005’s imports

Rank Within Sub-Chapter 6005

FY 2024-25

#4 of 21

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

Import-side rank: #4 of 21

At a glance

68.87%

Export CAGR

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

#4934

National Export Rank

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

+440.96%

Peak Growth Year

FY 2019-20 · strongest single-year move

9.74%

Contribution to Sub-Ch. 6005

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

India Export-Import Trade Statistics for HSN Code 60053800

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 #7785

Balance

−10.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.22% of Sub-Ch. 6005

Imports

11.04 ₹ Cr

0.0003% share

— YoY

1.53% of Sub-Ch. 6005

FY 2019-20 Exp. Rank #5990

Balance

−4.18

Exports

4.49 ₹ Cr

0.0002% share

+440.96% YoY

6.14% of Sub-Ch. 6005

Imports

8.67 ₹ Cr

0.0003% share

−21.47% YoY

1.36% of Sub-Ch. 6005

FY 2020-21 Exp. Rank #5430

Balance

−0.18

Exports

7.50 ₹ Cr

0.0003% share

+67.04% YoY

7.66% of Sub-Ch. 6005

Imports

7.68 ₹ Cr

0.0003% share

−11.42% YoY

1.56% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #4690

Balance

+9.05

Exports

18.66 ₹ Cr

0.0006% share

+148.80% YoY

12.62% of Sub-Ch. 6005

Imports

9.61 ₹ Cr

0.0002% share

+25.13% YoY

1.23% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #4429

Balance

+20.17

Exports

24.63 ₹ Cr

0.0007% share

+31.99% YoY

15.16% of Sub-Ch. 6005

Imports

4.46 ₹ Cr

0.0001% share

−53.59% YoY

0.54% of Sub-Ch. 6005

FY 2023-24 Exp. Rank #4733

Balance

+14.76

Exports

20.65 ₹ Cr

0.0006% share

−16.16% YoY

11.25% of Sub-Ch. 6005

Imports

5.89 ₹ Cr

0.0001% share

+32.06% YoY

0.70% of Sub-Ch. 6005

FY 2024-25 Exp. Rank #4934

Balance

−15.73

Exports

19.25 ₹ Cr

0.0005% share

−6.78% YoY

9.74% of Sub-Ch. 6005

Imports

34.98 ₹ Cr

0.0006% share

+493.89% YoY

3.10% of Sub-Ch. 6005

CAGR · 7-Year

Exports

68.87% /yr

Imports

21.19% /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 60053800 Export-Import Analysis

Consistent Export Growth: 68.87% CAGR Over 7 Years

India's exports under HSN Code 60053800 have grown at a compound annual rate of 68.87% over 7 fiscal years, rising from ₹0.83 Crore in FY 2018-19 to ₹19.25 Crore in FY 2024-25.

HSN Code 60053800 Ranked #4934 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60053800 ranks #4934 out of 12657 HSN codes by total export value. Within Sub-Chapter 6005, it ranks #4 of 21. By trade surplus, it ranks #9390 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 60053800 Exports

The strongest single-year export movement for HSN Code 60053800 was recorded in FY 2019-20, when exports surged by 440.96% over the prior year.

India Records a Trade Deficit of ₹15.73 Crore in HSN Code 60053800 Goods

In FY 2024-25, India's imports of ₹34.98 Cr exceeded exports of ₹19.25 Cr, resulting in a trade deficit of ₹15.73 Crore — ranking #9390 of 12657 by surplus magnitude.

Import Growth of 21.19% CAGR Signals Rising Demand for Synthetic fibre yarns

India's imports under HSN Code 60053800 have grown at 21.19% CAGR, reaching ₹34.98 Crore in FY 2024-25.

HSN Code 60053800 Contributes 9.74% of Sub-Chapter 6005 Exports — Ranked #4

Among the 21 HSN codes under Sub-Chapter 6005, HSN Code 60053800 ranks #4 by export value — accounting for 9.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.10% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60053800 and GST compliance.

What products are classified under HSN 60053800 ?

It includes Of Artificial Fibres | Dyed

Does packaging or labelling change the GST for Synthetic fibre yarns?

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.

Do e‑way bill and e‑invoice apply for Synthetic fibre yarns?

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 much GST applies to Synthetic fibre yarns?

Under HSN 60053800, Synthetic fibre yarns attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Synthetic fibre yarns is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Synthetic fibre yarns; Nil for exempt items if applicable).

Any common misclassification issue with Synthetic fibre yarns?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.