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HSN Code 60054300: Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns

HSN Code 60054300 represents Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns under GST classification. This code helps businesses identify Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns correctly for billing, taxation, and trade. With HSN Code 60054300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns.

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Description of Goods for HSN Code 60054300

HSN Code 60054300 relates to the following description.

Description of Goods

Of artificial fibres : 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 60054300 not include?

Artificial Fibre Warp Knit Fabrics of Different Coloured 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

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India’s Trade Performance — HSN Code 60054300 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹5 Cr

+34.73% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

−₹5 Cr

Trade Deficit

Surplus rank #8713 of 12872 HSN codes

% of Sub-Chapter 6005

FY 2025-26

0.00%

Share of Sub-Chapter 6005’s total exports in FY 2025-26

Import side: 0.27% of Sub-Chapter 6005’s imports

At a glance

+300.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.00%

Contribution to Sub-Ch. 6005

Share of Sub-Chapter 6005 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 60054300

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

−0.13

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 6005

FY 2019-20

Balance

−0.90

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+592.31% YoY

0.14% of Sub-Ch. 6005

FY 2020-21 Exp. Rank #9719

Balance

−0.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−7.78% YoY

0.17% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #10198

Balance

−1.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.01% of Sub-Ch. 6005

Imports

1.08 ₹ Cr

0.0000% share

+30.12% YoY

0.14% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #9967

Balance

−0.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+300.00% YoY

0.02% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−22.22% YoY

0.10% of Sub-Ch. 6005

FY 2023-24

Balance

−0.52

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6005

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−38.10% YoY

0.06% of Sub-Ch. 6005

FY 2024-25

Balance

−3.57

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6005

Imports

3.57 ₹ Cr

0.0001% share

+586.54% YoY

0.32% of Sub-Ch. 6005

FY 2025-26

Balance

−4.81

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6005

Imports

4.81 ₹ Cr

0.0001% share

+34.73% YoY

0.27% of Sub-Ch. 6005

CAGR · 8-Year

Exports

—

Imports

67.51% /yr

Consistently Deficit
Sub-Chapter 6005 total

reference, FY 2025-26

Export

₹219.84 Cr

Import

₹1,759.50 Cr

Trade Balance

−1,539.66

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

Key Trade Insights: HSN Code 60054300 Export-Import Analysis

Export Snapshot for HSN Code 60054300

India exported ₹0.00 Crore worth of Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

FY 2022-23 Was the Strongest Growth Year for HSN Code 60054300 Exports

The strongest single-year export movement for HSN Code 60054300 was recorded in FY 2022-23, when exports surged by 300.00% over the prior year.

India Records a Trade Deficit of ₹4.81 Crore in HSN Code 60054300 Goods

In FY 2025-26, India's imports of ₹4.81 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹4.81 Crore — ranking #8713 of 12872 by surplus magnitude.

Import Growth of 67.51% CAGR Signals Rising Demand for Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns

India's imports under HSN Code 60054300 have grown at 67.51% CAGR, reaching ₹4.81 Crore in FY 2025-26.

Frequently Asked Questions

Clear answers to common queries about HSN Code 60054300 and GST compliance.

What products are classified under HSN 60054300 ?

It includes Of Wool Or Fine Animal Hair

How should mixed supplies be billed when Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Artificial Fibre Warp Knit Fabrics of Different Coloured 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.

Can we claim ITC on inputs used to trade Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns?

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

How much GST applies to Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns?

Under HSN 60054300, Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Artificial Fibre Warp Knit Fabrics of Different Coloured Yarns?

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

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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.