HSN Code 60063200: Of Synthetic Fibres | Dyed

HSN Code 60063200 represents Of Synthetic Fibres | Dyed under GST classification. This code helps businesses identify Of Synthetic Fibres | Dyed correctly for billing, taxation, and trade. With HSN Code 60063200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Synthetic Fibres | Dyed.

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Description of Goods for HSN Code 60063200

HSN Code 60063200 relates to the following description.

Description of Goods

Of synthetic fibres : Dyed

Chapter

60 - Knitted or crocheted fabrics

Sub Chapter

6006 - Other knitted or crocheted fabrics

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 60063200 not include?

Of Synthetic Fibres | Dyed does not include products with the following descriptions.

India’s Trade Performance — HSN Code 60063200 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

₹166 Cr

+96.85% vs FY 2023-24

0.0045% of India’s total exports

India’s Imports

FY 2024-25

₹1,283 Cr

−44.14% vs FY 2023-24

0.0211% of India’s total imports

Trade Balance

FY 2024-25

−₹1,117 Cr

Trade Deficit

Surplus rank #12245 of 12657 HSN codes

% of Sub-Chapter 6006

FY 2024-25

4.74%

Share of Sub-Chapter 6006’s total exports in FY 2024-25

Import side: 36.24% of Sub-Chapter 6006’s imports

Rank Within Sub-Chapter 6006

FY 2024-25

#5 of 14

Position by export value among HSN codes in Sub-Chapter 6006

Import-side rank: #1 of 14

At a glance

16.39%

Export CAGR

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

#2047

National Export Rank

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

+96.85%

Peak Growth Year

FY 2024-25 · strongest single-year move

4.74%

Contribution to Sub-Ch. 6006

Share of Sub-Chapter 6006 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2488

Balance

−1,038.32

Exports

66.78 ₹ Cr

0.0029% share

YoY

3.04% of Sub-Ch. 6006

Imports

1,105.10 ₹ Cr

0.0308% share

YoY

48.71% of Sub-Ch. 6006

FY 2019-20 Exp. Rank #2339

Balance

−1,343.40

Exports

76.05 ₹ Cr

0.0035% share

+13.88% YoY

3.91% of Sub-Ch. 6006

Imports

1,419.45 ₹ Cr

0.0424% share

+28.45% YoY

58.38% of Sub-Ch. 6006

FY 2020-21 Exp. Rank #2912

Balance

−1,518.43

Exports

50.46 ₹ Cr

0.0023% share

−33.65% YoY

1.95% of Sub-Ch. 6006

Imports

1,568.89 ₹ Cr

0.0538% share

+10.53% YoY

67.09% of Sub-Ch. 6006

FY 2021-22 Exp. Rank #2507

Balance

−1,822.49

Exports

93.59 ₹ Cr

0.0030% share

+85.47% YoY

2.06% of Sub-Ch. 6006

Imports

1,916.08 ₹ Cr

0.0419% share

+22.13% YoY

63.73% of Sub-Ch. 6006

FY 2022-23 Exp. Rank #2729

Balance

−2,098.44

Exports

87.60 ₹ Cr

0.0024% share

−6.40% YoY

2.72% of Sub-Ch. 6006

Imports

2,186.04 ₹ Cr

0.0380% share

+14.09% YoY

61.91% of Sub-Ch. 6006

FY 2023-24 Exp. Rank #2808

Balance

−2,212.29

Exports

84.34 ₹ Cr

0.0023% share

−3.72% YoY

2.98% of Sub-Ch. 6006

Imports

2,296.63 ₹ Cr

0.0409% share

+5.06% YoY

63.53% of Sub-Ch. 6006

FY 2024-25 Exp. Rank #2047

Balance

−1,116.94

Exports

166.02 ₹ Cr

0.0045% share

+96.85% YoY

4.74% of Sub-Ch. 6006

Imports

1,282.96 ₹ Cr

0.0211% share

−44.14% YoY

36.24% of Sub-Ch. 6006

CAGR · 7-Year

Exports

16.39% /yr

Imports

2.52% /yr

Consistently Deficit
Sub-Chapter 6006 total

reference, FY 2024-25

Export

₹3,500.33 Cr

Import

₹3,540.14 Cr

Trade Balance

−39.81

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60063200 and GST compliance.

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.

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.