HSN Code 60053900: Of Synthetic Fibres | Other, Printed

HSN Code 60053900 represents Of Synthetic Fibres | Other, Printed under GST classification. This code helps businesses identify Of Synthetic Fibres | Other, Printed correctly for billing, taxation, and trade. With HSN Code 60053900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Synthetic Fibres | Other, Printed.

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Description of Goods for HSN Code 60053900

HSN Code 60053900 relates to the following description.

Description of Goods

Of synthetic fibres : Other, Printed

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 60053900 not include?

Of Synthetic Fibres | Other, Printed 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

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

India’s Trade Performance — HSN Code 60053900 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

₹44 Cr

+16.27% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹238 Cr

+55.44% vs FY 2023-24

0.0039% of India’s total imports

Trade Balance

FY 2024-25

−₹194 Cr

Trade Deficit

Surplus rank #11295 of 12657 HSN codes

% of Sub-Chapter 6005

FY 2024-25

22.38%

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

Import side: 21.10% of Sub-Chapter 6005’s imports

Rank Within Sub-Chapter 6005

FY 2024-25

#2 of 21

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

Import-side rank: #3 of 21

At a glance

75.97%

Export CAGR

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

#3784

National Export Rank

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

+447.52%

Peak Growth Year

FY 2020-21 · strongest single-year move

22.38%

Contribution to Sub-Ch. 6005

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

India Export-Import Trade Statistics for HSN Code 60053900

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 #7249

Balance

−16.90

Exports

1.49 ₹ Cr

0.0001% share

YoY

2.19% of Sub-Ch. 6005

Imports

18.39 ₹ Cr

0.0005% share

YoY

2.55% of Sub-Ch. 6005

FY 2019-20 Exp. Rank #6924

Balance

−29.49

Exports

2.02 ₹ Cr

0.0001% share

+35.57% YoY

2.76% of Sub-Ch. 6005

Imports

31.51 ₹ Cr

0.0009% share

+71.34% YoY

4.96% of Sub-Ch. 6005

FY 2020-21 Exp. Rank #4936

Balance

−48.39

Exports

11.06 ₹ Cr

0.0005% share

+447.52% YoY

11.30% of Sub-Ch. 6005

Imports

59.45 ₹ Cr

0.0020% share

+88.67% YoY

12.09% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #4675

Balance

−68.84

Exports

18.90 ₹ Cr

0.0006% share

+70.89% YoY

12.78% of Sub-Ch. 6005

Imports

87.74 ₹ Cr

0.0019% share

+47.59% YoY

11.22% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #4152

Balance

−86.83

Exports

30.49 ₹ Cr

0.0008% share

+61.32% YoY

18.76% of Sub-Ch. 6005

Imports

117.32 ₹ Cr

0.0020% share

+33.71% YoY

14.09% of Sub-Ch. 6005

FY 2023-24 Exp. Rank #3910

Balance

−115.00

Exports

38.05 ₹ Cr

0.0011% share

+24.80% YoY

20.73% of Sub-Ch. 6005

Imports

153.05 ₹ Cr

0.0027% share

+30.46% YoY

18.06% of Sub-Ch. 6005

FY 2024-25 Exp. Rank #3784

Balance

−193.66

Exports

44.24 ₹ Cr

0.0012% share

+16.27% YoY

22.38% of Sub-Ch. 6005

Imports

237.90 ₹ Cr

0.0039% share

+55.44% YoY

21.10% of Sub-Ch. 6005

CAGR · 7-Year

Exports

75.97% /yr

Imports

53.22% /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 60053900 Export-Import Analysis

Consistent Export Growth: 75.97% CAGR Over 7 Years

India's exports under HSN Code 60053900 have grown at a compound annual rate of 75.97% over 7 fiscal years, rising from ₹1.49 Crore in FY 2018-19 to ₹44.24 Crore in FY 2024-25.

HSN Code 60053900 Ranked #3784 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60053900 ranks #3784 out of 12657 HSN codes by total export value. Within Sub-Chapter 6005, it ranks #2 of 21. By trade surplus, it ranks #11295 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 60053900 Exports

The strongest single-year export movement for HSN Code 60053900 was recorded in FY 2020-21, when exports surged by 447.52% over the prior year.

India Records a Trade Deficit of ₹193.66 Crore in HSN Code 60053900 Goods

In FY 2024-25, India's imports of ₹237.90 Cr exceeded exports of ₹44.24 Cr, resulting in a trade deficit of ₹193.66 Crore — ranking #11295 of 12657 by surplus magnitude.

Import Growth of 53.22% CAGR Signals Rising Demand for Of Synthetic Fibres | Other, Printed

India's imports under HSN Code 60053900 have grown at 53.22% CAGR, reaching ₹237.90 Crore in FY 2024-25.

HSN Code 60053900 Contributes 22.38% of Sub-Chapter 6005 Exports — Ranked #2

Among the 21 HSN codes under Sub-Chapter 6005, HSN Code 60053900 ranks #2 by export value — accounting for 22.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.10% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60053900 and GST compliance.

What products are classified under HSN 60053900 ?

It includes Artificial fibers

How much GST applies to Of Synthetic Fibres / Other, Printed?

Under HSN 60053900, Of Synthetic Fibres / Other, Printed attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Of Synthetic Fibres / Other, Printed?

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.

Any common misclassification issue with Of Synthetic Fibres / Other, Printed?

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 / Other, Printed?

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 Of Synthetic Fibres / Other, Printed?

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.

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.