--- title: "HSN Code for Of Artificial Fibres | Dyed | HSN 60054200 GST Rate" description: "Find HSN and GST Rates for 60054200 related to Of Artificial Fibres | Dyed with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-60054200/" --- # HSN Code 60054200: Of Artificial Fibres | Dyed - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 60: Knitted/Crocheted Fabrics](https://busy.in/hsn/chapter-60/) - [Sub-chapter 6005: Warp knit fabrics](https://busy.in/hsn/sub-chapter-6005/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of artificial fibres : Dyed | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 60054200 ? It includes Warp Knit Fabrics ### How much GST applies to Of Artificial Fibres / Dyed? Under HSN 60054200, Of Artificial Fibres / Dyed attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Of Artificial Fibres / Dyed? 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. ### How should mixed supplies be billed when Of Artificial Fibres / Dyed is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Artificial Fibres / Dyed; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Of Artificial Fibres / Dyed? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Of Artificial Fibres / Dyed? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 60054200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹6 Cr (+42.25% YoY) — 0.0002% of India's total exports - Imports: ₹27 Cr (−8.21% YoY) — 0.0004% of India's total imports - Trade balance: −₹20 Cr (Deficit); surplus rank #9562 of 12657 HSN codes - Share of Sub-Chapter 6005: 3.20% of its exports; import side 2.35% - Rank within Sub-Chapter 6005: #6 of 21 by export value; import-side #5 ### Key metrics - Export CAGR: 5.73% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6343 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +125.61% in FY 2022-23 - Contribution to Sub-Ch. 6005: 3.20% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 60054200 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 6005 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6005 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.53 | 0.0002% | — | 6.64% | 116.17 | 0.0032% | — | 16.12% | −111.64 | #5978 | | FY 2019-20 | 1.99 | 0.0001% | −56.07% | 2.72% | 40.18 | 0.0012% | −65.41% | 6.33% | −38.19 | #6943 | | FY 2020-21 | 2.78 | 0.0001% | +39.70% | 2.84% | 35.66 | 0.0012% | −11.25% | 7.25% | −32.88 | #6635 | | FY 2021-22 | 1.64 | 0.0001% | −41.01% | 1.11% | 15.68 | 0.0003% | −56.03% | 2.00% | −14.04 | #7532 | | FY 2022-23 | 3.70 | 0.0001% | +125.61% | 2.28% | 29.50 | 0.0005% | +88.14% | 3.54% | −25.80 | #6765 | | FY 2023-24 | 4.45 | 0.0001% | +20.27% | 2.42% | 28.87 | 0.0005% | −2.14% | 3.41% | −24.42 | #6710 | | FY 2024-25 | 6.33 | 0.0002% | +42.25% | 3.20% | 26.50 | 0.0004% | −8.21% | 2.35% | −20.17 | #6343 | - CAGR (7-year): exports 5.73%/yr, imports -21.83%/yr (consistently Deficit) ## Key trade insights: HSN Code 60054200 export-import analysis ### Consistent export growth: 5.73% CAGR over 7 years India's exports under HSN Code 60054200 have grown at a compound annual rate of 5.73% over 7 fiscal years, rising from ₹4.53 Crore in FY 2018-19 to ₹6.33 Crore in FY 2024-25. ### HSN Code 60054200 ranked #6343 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 60054200 ranks #6343 out of 12657 HSN codes by total export value. Within Sub-Chapter 6005, it ranks #6 of 21. By trade surplus, it ranks #9562 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 60054200 exports The strongest single-year export movement for HSN Code 60054200 was recorded in FY 2022-23, when exports surged by 125.61% over the prior year. ### India records a trade deficit of ₹20.17 Crore in HSN Code 60054200 goods In FY 2024-25, India's imports of ₹26.50 Cr exceeded exports of ₹6.33 Cr, resulting in a trade deficit of ₹20.17 Crore — ranking #9562 of 12657 by surplus magnitude. ### Import growth of -21.83% CAGR signals stable import dependency for Of Artificial Fibres | Dyed India's imports under HSN Code 60054200 have grown at -21.83% CAGR, reaching ₹26.50 Crore in FY 2024-25. ### HSN Code 60054200 contributes 3.20% of Sub-Chapter 6005 exports — ranked #6 Among the 21 HSN codes under Sub-Chapter 6005, HSN Code 60054200 ranks #6 by export value — accounting for 3.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.35% share (rank #5). ## Related HSN Codes in Sub-Chapter 6005 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 60059000: Warp Knit Fabrics](https://busy.in/hsn/hsn-60059000/) | ₹64 Cr | | #2 | [HSN Code 60053900: Of Synthetic Fibres \| Other, Printed](https://busy.in/hsn/hsn-60053900/) | ₹44 Cr | | #3 | [HSN Code 60053790: Of Refined Copper \| Other](https://busy.in/hsn/hsn-60053790/) | ₹40 Cr | | #4 | [HSN Code 60053800: Synthetic fibre yarns](https://busy.in/hsn/hsn-60053800/) | ₹19 Cr | | #5 | [HSN Code 60053710: Of synthetic fibres : Other, Dyed : Shade Nets, conforming to IS 16008](https://busy.in/hsn/hsn-60053710/) | ₹11 Cr | | #6 | HSN Code 60054200: Of Artificial Fibres \| Dyed (this hsn code) | ₹6 Cr | | #7 | [HSN Code 60053600: Synthetic fibers](https://busy.in/hsn/hsn-60053600/) | ₹4 Cr | | #8 | [HSN Code 60052200: Warp knit fabrics: Of Cotton \| Dyed](https://busy.in/hsn/hsn-60052200/) | ₹4 Cr | | #9 | [HSN Code 60052100: Of Cotton \| Unbleached Or Bleached](https://busy.in/hsn/hsn-60052100/) | ₹2 Cr | | #10 | [HSN Code 60052400: Of Cotton \| Printed](https://busy.in/hsn/hsn-60052400/) | < ₹1 Crore |