HSN Code 60054300: Artificial fibers
HSN Code 60054300 represents Artificial fibers under GST classification. This code helps businesses identify Artificial fibers 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 fibers.
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Description of Goods for HSN Code 60054300
HSN Code 60054300 relates to the following description.
What does HSN Code 60054300 not include?
Artificial fibers 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
Of cotton : Unbleached or bleached
Of cotton : Dyed
Of cotton : Of yarns of different colours
Of cotton : Printed
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
Of synthetic fibres : Other, Unbleached or bleached
Other, dyed
Of synthetic fibres : Other, Dyed : Shade Nets, conforming to IS 16008
Of synthetic fibres : Other, Dyed :Other
Of synthetic fibres : Other, Of yarns of different colours
Of synthetic fibres : Other, Printed
Of artificial fibres : Unbleached or bleached
Of artificial fibres : Dyed
Of artificial fibres : Printed
Other
Warp knit fabrics (including those made on galloon knitting machines), other than those of headings 6001 to 6004 - of wool or fine animal hair
Of cotton : Unbleached or bleached
Of cotton : Dyed
Of cotton : Of yarns of different colours
Of cotton : Printed
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
Of synthetic fibres : Other, Unbleached or bleached
Other, dyed
Of synthetic fibres : Other, Dyed : Shade Nets, conforming to IS 16008
Of synthetic fibres : Other, Dyed :Other
Of synthetic fibres : Other, Of yarns of different colours
Of synthetic fibres : Other, Printed
Of artificial fibres : Unbleached or bleached
Of artificial fibres : Dyed
Of artificial fibres : Printed
Other
India’s Trade Performance — HSN Code 60054300 in FY 2024-25
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹4 Cr
Surplus rank #8440 of 12657 HSN codes
% of Sub-Chapter 6005
FY 2024-250.00%
Share of Sub-Chapter 6005’s total exports in FY 2024-25
Import side: 0.32% 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 2024-25
India Export-Import Trade Statistics for HSN Code 60054300
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
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
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
CAGR · 7-Year
Exports
—
Imports
73.70% /yr
reference, FY 2024-25
Export
₹197.66 Cr
Import
₹1,127.48 Cr
Trade Balance
−929.82
Key Trade Insights: HSN Code 60054300 Export-Import Analysis
Export Snapshot for HSN Code 60054300
India exported ₹0.00 Crore worth of Artificial fibers in FY 2024-25. 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 ₹3.57 Crore in HSN Code 60054300 Goods
In FY 2024-25, India's imports of ₹3.57 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹3.57 Crore — ranking #8440 of 12657 by surplus magnitude.
Import Growth of 73.70% CAGR Signals Rising Demand for Artificial fibers
India's imports under HSN Code 60054300 have grown at 73.70% CAGR, reaching ₹3.57 Crore in FY 2024-25.
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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 fibers is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial fibers; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Artificial fibers?
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 fibers?
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 fibers?
Under HSN 60054300, Artificial fibers attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Artificial fibers?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.