HSN Code 60063400: Of Synthetic Fibres | Printed

HSN Code 60063400 represents Of Synthetic Fibres | Printed under GST classification. This code helps businesses identify Of Synthetic Fibres | Printed correctly for billing, taxation, and trade. With HSN Code 60063400, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Synthetic Fibres | Printed.

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Description of Goods for HSN Code 60063400

HSN Code 60063400 relates to the following description.

Description of Goods

Of synthetic fibres : Printed

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 60063400 not include?

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

India’s Trade Performance — HSN Code 60063400 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

₹7 Cr

+105.28% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹485 Cr

+43.94% vs FY 2023-24

0.0080% of India’s total imports

Trade Balance

FY 2024-25

−₹478 Cr

Trade Deficit

Surplus rank #11865 of 12657 HSN codes

% of Sub-Chapter 6006

FY 2024-25

0.21%

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

Import side: 13.71% of Sub-Chapter 6006’s imports

Rank Within Sub-Chapter 6006

FY 2024-25

#10 of 14

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

Import-side rank: #3 of 14

At a glance

17.70%

Export CAGR

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

#6151

National Export Rank

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

+336.20%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.21%

Contribution to Sub-Ch. 6006

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

India Export-Import Trade Statistics for HSN Code 60063400

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 #6562

Balance

−194.75

Exports

2.78 ₹ Cr

0.0001% share

YoY

0.13% of Sub-Ch. 6006

Imports

197.53 ₹ Cr

0.0055% share

YoY

8.71% of Sub-Ch. 6006

FY 2019-20 Exp. Rank #5942

Balance

−248.01

Exports

4.67 ₹ Cr

0.0002% share

+67.99% YoY

0.24% of Sub-Ch. 6006

Imports

252.68 ₹ Cr

0.0075% share

+27.92% YoY

10.39% of Sub-Ch. 6006

FY 2020-21 Exp. Rank #7209

Balance

−241.42

Exports

1.63 ₹ Cr

0.0001% share

−65.10% YoY

0.06% of Sub-Ch. 6006

Imports

243.05 ₹ Cr

0.0083% share

−3.81% YoY

10.39% of Sub-Ch. 6006

FY 2021-22 Exp. Rank #5917

Balance

−249.55

Exports

7.11 ₹ Cr

0.0002% share

+336.20% YoY

0.16% of Sub-Ch. 6006

Imports

256.66 ₹ Cr

0.0056% share

+5.60% YoY

8.54% of Sub-Ch. 6006

FY 2022-23 Exp. Rank #6230

Balance

−307.46

Exports

6.13 ₹ Cr

0.0002% share

−13.78% YoY

0.19% of Sub-Ch. 6006

Imports

313.59 ₹ Cr

0.0055% share

+22.18% YoY

8.88% of Sub-Ch. 6006

FY 2023-24 Exp. Rank #6942

Balance

−333.62

Exports

3.60 ₹ Cr

0.0001% share

−41.27% YoY

0.13% of Sub-Ch. 6006

Imports

337.22 ₹ Cr

0.0060% share

+7.54% YoY

9.33% of Sub-Ch. 6006

FY 2024-25 Exp. Rank #6151

Balance

−478.01

Exports

7.39 ₹ Cr

0.0002% share

+105.28% YoY

0.21% of Sub-Ch. 6006

Imports

485.40 ₹ Cr

0.0080% share

+43.94% YoY

13.71% of Sub-Ch. 6006

CAGR · 7-Year

Exports

17.70% /yr

Imports

16.17% /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 60063400 Export-Import Analysis

Consistent Export Growth: 17.70% CAGR Over 7 Years

India's exports under HSN Code 60063400 have grown at a compound annual rate of 17.70% over 7 fiscal years, rising from ₹2.78 Crore in FY 2018-19 to ₹7.39 Crore in FY 2024-25.

HSN Code 60063400 Ranked #6151 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 60063400 ranks #6151 out of 12657 HSN codes by total export value. Within Sub-Chapter 6006, it ranks #10 of 14. By trade surplus, it ranks #11865 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 60063400 Exports

The strongest single-year export movement for HSN Code 60063400 was recorded in FY 2021-22, when exports surged by 336.20% over the prior year.

India Records a Trade Deficit of ₹478.01 Crore in HSN Code 60063400 Goods

In FY 2024-25, India's imports of ₹485.40 Cr exceeded exports of ₹7.39 Cr, resulting in a trade deficit of ₹478.01 Crore — ranking #11865 of 12657 by surplus magnitude.

Import Growth of 16.17% CAGR Signals Rising Demand for Of Synthetic Fibres | Printed

India's imports under HSN Code 60063400 have grown at 16.17% CAGR, reaching ₹485.40 Crore in FY 2024-25.

HSN Code 60063400 Contributes 0.21% of Sub-Chapter 6006 Exports — Ranked #10

Among the 14 HSN codes under Sub-Chapter 6006, HSN Code 60063400 ranks #10 by export value — accounting for 0.21% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.71% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 60063400 and GST compliance.

What products are classified under HSN 60063400 ?

It includes Of artificial fibres: Different colours

Any common misclassification issue with Of Synthetic 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 Synthetic Fibres / Printed?

Under HSN 60063400, Of Synthetic Fibres / Printed 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 / Printed?

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

Do e‑way bill and e‑invoice apply for Of Synthetic 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.

Does packaging or labelling change the GST for Of Synthetic 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.

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

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.