--- title: "HSN Code for Of Synthetic Fibres | Dyed | HSN 60063200 GST Rate" description: "Find HSN and GST Rates for 60063200 related to Of Synthetic Fibres | Dyed with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-60063200/" --- # HSN Code 60063200: Of Synthetic 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 6006: Knitted or crocheted fabrics](https://busy.in/hsn/sub-chapter-6006/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of synthetic fibres : Dyed | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 60063200 ? It includes Of artificial fibres : Unbleached or bleached ### How should mixed supplies be billed when Of Synthetic 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 Synthetic Fibres / Dyed; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Of Synthetic Fibres / Dyed? 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. ### How much GST applies to Of Synthetic Fibres / Dyed? Under HSN 60063200, Of Synthetic Fibres / Dyed attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Of Synthetic 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 Synthetic 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 60063200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹166 Cr (+96.85% YoY) — 0.0045% of India's total exports - Imports: ₹1,283 Cr (−44.14% YoY) — 0.0211% of India's total imports - Trade balance: −₹1,117 Cr (Deficit); surplus rank #12245 of 12657 HSN codes - Share of Sub-Chapter 6006: 4.74% of its exports; import side 36.24% - Rank within Sub-Chapter 6006: #5 of 14 by export value; import-side #1 ### Key metrics - Export CAGR: 16.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2047 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +96.85% in FY 2024-25 - Contribution to Sub-Ch. 6006: 4.74% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 60063200 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. 6006 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6006 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 66.78 | 0.0029% | — | 3.04% | 1,105.10 | 0.0308% | — | 48.71% | −1,038.32 | #2488 | | FY 2019-20 | 76.05 | 0.0035% | +13.88% | 3.91% | 1,419.45 | 0.0424% | +28.45% | 58.38% | −1,343.40 | #2339 | | FY 2020-21 | 50.46 | 0.0023% | −33.65% | 1.95% | 1,568.89 | 0.0538% | +10.53% | 67.09% | −1,518.43 | #2912 | | FY 2021-22 | 93.59 | 0.0030% | +85.47% | 2.06% | 1,916.08 | 0.0419% | +22.13% | 63.73% | −1,822.49 | #2507 | | FY 2022-23 | 87.60 | 0.0024% | −6.40% | 2.72% | 2,186.04 | 0.0380% | +14.09% | 61.91% | −2,098.44 | #2729 | | FY 2023-24 | 84.34 | 0.0023% | −3.72% | 2.98% | 2,296.63 | 0.0409% | +5.06% | 63.53% | −2,212.29 | #2808 | | FY 2024-25 | 166.02 | 0.0045% | +96.85% | 4.74% | 1,282.96 | 0.0211% | −44.14% | 36.24% | −1,116.94 | #2047 | - CAGR (7-year): exports 16.39%/yr, imports 2.52%/yr (consistently Deficit) ## Key trade insights: HSN Code 60063200 export-import analysis ### Consistent export growth: 16.39% CAGR over 7 years India's exports under HSN Code 60063200 have grown at a compound annual rate of 16.39% over 7 fiscal years, rising from ₹66.78 Crore in FY 2018-19 to ₹166.02 Crore in FY 2024-25. ### HSN Code 60063200 ranked #2047 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 60063200 ranks #2047 out of 12657 HSN codes by total export value. Within Sub-Chapter 6006, it ranks #5 of 14. By trade surplus, it ranks #12245 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 60063200 exports The strongest single-year export movement for HSN Code 60063200 was recorded in FY 2024-25, when exports surged by 96.85% over the prior year. ### India records a trade deficit of ₹1,116.94 Crore in HSN Code 60063200 goods In FY 2024-25, India's imports of ₹1,282.96 Cr exceeded exports of ₹166.02 Cr, resulting in a trade deficit of ₹1,116.94 Crore — ranking #12245 of 12657 by surplus magnitude. ### Import growth of 2.52% CAGR signals stable import dependency for Of Synthetic Fibres | Dyed India's imports under HSN Code 60063200 have grown at 2.52% CAGR, reaching ₹1,282.96 Crore in FY 2024-25. ### HSN Code 60063200 contributes 4.74% of Sub-Chapter 6006 exports — ranked #5 Among the 14 HSN codes under Sub-Chapter 6006, HSN Code 60063200 ranks #5 by export value — accounting for 4.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 36.24% share (rank #1). ## Related HSN Codes in Sub-Chapter 6006 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 60062200: Other knitted or crocheted fabrics: Of Cotton \| Dyed](https://busy.in/hsn/hsn-60062200/) | ₹1,467 Cr | | #2 | [HSN Code 60062100: Of Cotton \| Unbleached Or Bleached](https://busy.in/hsn/hsn-60062100/) | ₹791 Cr | | #3 | [HSN Code 60069000: Of Artificial Fibres \| Other](https://busy.in/hsn/hsn-60069000/) | ₹512 Cr | | #4 | [HSN Code 60062400: Of Cotton \| Printed](https://busy.in/hsn/hsn-60062400/) | ₹425 Cr | | #5 | HSN Code 60063200: Of Synthetic Fibres \| Dyed (this hsn code) | ₹166 Cr | | #6 | [HSN Code 60062300: Cotton – Yarns of different colours](https://busy.in/hsn/hsn-60062300/) | ₹60 Cr | | #7 | [HSN Code 60063100: Of synthetic fibres : Unbleached or bleached](https://busy.in/hsn/hsn-60063100/) | ₹28 Cr | | #8 | [HSN Code 60063300: Yarn of different colors](https://busy.in/hsn/hsn-60063300/) | ₹23 Cr | | #9 | [HSN Code 60064100: Of artificial fibres : Unbleached or bleached](https://busy.in/hsn/hsn-60064100/) | ₹13 Cr | | #10 | [HSN Code 60063400: Of Synthetic Fibres \| Printed](https://busy.in/hsn/hsn-60063400/) | ₹7 Cr |