HSN Code 60054200: Of Artificial Fibres | Dyed

HSN Code 60054200 represents Of Artificial Fibres | Dyed under GST classification. This code helps businesses identify Of Artificial Fibres | Dyed correctly for billing, taxation, and trade. With HSN Code 60054200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Artificial Fibres | Dyed.

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Description of Goods for HSN Code 60054200

HSN Code 60054200 relates to the following description.

Description of Goods

Of artificial fibres : Dyed

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 60054200 not include?

Of Artificial Fibres | Dyed 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 60054200 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

₹6 Cr

+42.25% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹27 Cr

−8.21% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹20 Cr

Trade Deficit

Surplus rank #9562 of 12657 HSN codes

% of Sub-Chapter 6005

FY 2024-25

3.20%

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

Import side: 2.35% of Sub-Chapter 6005’s imports

Rank Within Sub-Chapter 6005

FY 2024-25

#6 of 21

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

Import-side rank: #5 of 21

At a glance

5.73%

Export CAGR

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

#6343

National Export Rank

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

+125.61%

Peak Growth Year

FY 2022-23 · strongest single-year move

3.20%

Contribution to Sub-Ch. 6005

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5978

Balance

−111.64

Exports

4.53 ₹ Cr

0.0002% share

— YoY

6.64% of Sub-Ch. 6005

Imports

116.17 ₹ Cr

0.0032% share

— YoY

16.12% of Sub-Ch. 6005

FY 2019-20 Exp. Rank #6943

Balance

−38.19

Exports

1.99 ₹ Cr

0.0001% share

−56.07% YoY

2.72% of Sub-Ch. 6005

Imports

40.18 ₹ Cr

0.0012% share

−65.41% YoY

6.33% of Sub-Ch. 6005

FY 2020-21 Exp. Rank #6635

Balance

−32.88

Exports

2.78 ₹ Cr

0.0001% share

+39.70% YoY

2.84% of Sub-Ch. 6005

Imports

35.66 ₹ Cr

0.0012% share

−11.25% YoY

7.25% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #7532

Balance

−14.04

Exports

1.64 ₹ Cr

0.0001% share

−41.01% YoY

1.11% of Sub-Ch. 6005

Imports

15.68 ₹ Cr

0.0003% share

−56.03% YoY

2.00% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #6765

Balance

−25.80

Exports

3.70 ₹ Cr

0.0001% share

+125.61% YoY

2.28% of Sub-Ch. 6005

Imports

29.50 ₹ Cr

0.0005% share

+88.14% YoY

3.54% of Sub-Ch. 6005

FY 2023-24 Exp. Rank #6710

Balance

−24.42

Exports

4.45 ₹ Cr

0.0001% share

+20.27% YoY

2.42% of Sub-Ch. 6005

Imports

28.87 ₹ Cr

0.0005% share

−2.14% YoY

3.41% of Sub-Ch. 6005

FY 2024-25 Exp. Rank #6343

Balance

−20.17

Exports

6.33 ₹ Cr

0.0002% share

+42.25% YoY

3.20% of Sub-Ch. 6005

Imports

26.50 ₹ Cr

0.0004% share

−8.21% YoY

2.35% of Sub-Ch. 6005

CAGR · 7-Year

Exports

5.73% /yr

Imports

−21.83% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60054200 and GST compliance.

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.

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.