HSN Code 60054400: Of Artificial Fibres | Printed

HSN Code 60054400 represents Of Artificial Fibres | Printed under GST classification. This code helps businesses identify Of Artificial Fibres | Printed correctly for billing, taxation, and trade. With HSN Code 60054400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Artificial Fibres | Printed.

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Description of Goods for HSN Code 60054400

HSN Code 60054400 relates to the following description.

Description of Goods

Of artificial fibres : 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 60054400 not include?

Of Artificial Fibres | 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 60054400 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹8 Cr

+290.00% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹8 Cr

Trade Deficit

Surplus rank #8913 of 12657 HSN codes

% of Sub-Chapter 6005

FY 2024-25

0.00%

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

Import side: 0.73% of Sub-Chapter 6005’s imports

At a glance

+38.89%

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 60054400

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 #8491

Balance

−2.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.47% of Sub-Ch. 6005

Imports

2.43 ₹ Cr

0.0001% share

YoY

0.34% of Sub-Ch. 6005

FY 2019-20 Exp. Rank #9399

Balance

−4.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.25% YoY

0.08% of Sub-Ch. 6005

Imports

4.80 ₹ Cr

0.0001% share

+97.53% YoY

0.76% of Sub-Ch. 6005

FY 2020-21

Balance

−3.59

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6005

Imports

3.59 ₹ Cr

0.0001% share

−25.21% YoY

0.73% of Sub-Ch. 6005

FY 2021-22 Exp. Rank #9254

Balance

−6.04

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.12% of Sub-Ch. 6005

Imports

6.22 ₹ Cr

0.0001% share

+73.26% YoY

0.80% of Sub-Ch. 6005

FY 2022-23 Exp. Rank #9146

Balance

−3.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+38.89% YoY

0.15% of Sub-Ch. 6005

Imports

3.65 ₹ Cr

0.0001% share

−41.32% YoY

0.44% of Sub-Ch. 6005

FY 2023-24 Exp. Rank #9729

Balance

−1.99

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−56.00% YoY

0.06% of Sub-Ch. 6005

Imports

2.10 ₹ Cr

0.0000% share

−42.47% YoY

0.25% of Sub-Ch. 6005

FY 2024-25

Balance

−8.19

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6005

Imports

8.19 ₹ Cr

0.0001% share

+290.00% YoY

0.73% of Sub-Ch. 6005

CAGR · 7-Year

Exports

Imports

22.45% /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 60054400 Export-Import Analysis

Export Snapshot for HSN Code 60054400

India exported ₹0.00 Crore worth of Of Artificial Fibres | Printed 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 60054400 Exports

The strongest single-year export movement for HSN Code 60054400 was recorded in FY 2022-23, when exports surged by 38.89% over the prior year.

India Records a Trade Deficit of ₹8.19 Crore in HSN Code 60054400 Goods

In FY 2024-25, India's imports of ₹8.19 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹8.19 Crore — ranking #8913 of 12657 by surplus magnitude.

Import Growth of 22.45% CAGR Signals Rising Demand for Of Artificial Fibres | Printed

India's imports under HSN Code 60054400 have grown at 22.45% CAGR, reaching ₹8.19 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60054400 and GST compliance.

What products are classified under HSN 60054400 ?

It includes Of Cotton | Unbleached Or Bleached

How should mixed supplies be billed when Of Artificial Fibres / Printed 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 / Printed; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Of Artificial Fibres / 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.

Do e‑way bill and e‑invoice apply for Of Artificial Fibres / 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 Artificial Fibres / Printed?

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

How much GST applies to Of Artificial Fibres / Printed?

Under HSN 60054400, Of Artificial Fibres / Printed attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.