--- title: "5404 HSN Code | HSN Code for Synthetic monofilament in India" description: "Know more about 5404 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 5404 covering Synthetic monofilament." canonical: "https://busy.in/hsn/sub-chapter-5404/" --- # HSN Sub-chapter 5404: Synthetic monofilament Synthetic monofilament of 67 decitex or more and of which no crosssectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetictextile materials of an apparent width not exceeding 5 mm Part of [Chapter 54: Man-made filaments; strip and the like of man-made textile materials](https://busy.in/hsn/chapter-54/). - Current GST rate: 5% - Earlier GST rate: 12% ## HSN codes | Code | Title | | --- | --- | | 54041000 | [Synthetic Filament Yarn Retail Sale](https://busy.in/hsn/hsn-54041000/) | | 54041100 | [Monofilament\| Elastomeric](https://busy.in/hsn/hsn-54041100/) | | 54041200 | [Monofilament: Other, of polypropylene0](https://busy.in/hsn/hsn-54041200/) | | 54041910 | [Monofilament: Synthetic Yarn, Non-Sterile](https://busy.in/hsn/hsn-54041910/) | | 54041920 | [Synthetic fibre strip](https://busy.in/hsn/hsn-54041920/) | | 54041990 | [Monofilament: Other: Other](https://busy.in/hsn/hsn-54041990/) | | 54049010 | [Catgut imitation of synthetic yarn](https://busy.in/hsn/hsn-54049010/) | | 54049020 | [Strip of synthetic fibre materials](https://busy.in/hsn/hsn-54049020/) | | 54049090 | [Synthetic monofilament (≥67 decitex, ≤1mm) and strips (≤5mm) \| Other](https://busy.in/hsn/hsn-54049090/) | ## Frequently asked questions ### What products are classified under HSN 5404 It includes Synthetic monofilament ### What should my invoice and records include for Synthetic monofilament? Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail. ### How are warranty replacements of Synthetic monofilament handled? If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability. ### If I repair and return Synthetic monofilament, how should I charge GST? Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values. ### Is the composition scheme suitable if I mainly trade Synthetic monofilament? The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in. ### Any import/export nuance for Synthetic monofilament? Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE. ## India's trade performance: HSN Sub-Chapter 5404 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹96 Cr (+22.92% YoY) — 0.0026% of India's total exports - Imports: ₹412 Cr (+4.51% YoY) — 0.0068% of India's total imports - Trade balance: −₹315 Cr (Deficit); surplus rank #826 of 1233 sub-chapters - Share of Chapter 54: 0.64% of its exports; import side 3.21% - Rank within Chapter 54: #6 of 8 by export value; import-side #4 ### Key metrics - Export CAGR: 10.29% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #831 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +36.02% in FY 2021-22 - Contribution to Ch. 54: 0.64% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 5404 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 Ch. 54 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 54 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 53.58 | 0.0023% | — | 0.33% | 354.30 | 0.0099% | — | 5.18% | −300.72 | #826 | | FY 2019-20 | 53.09 | 0.0024% | −0.91% | 0.31% | 304.14 | 0.0091% | −14.16% | 4.14% | −251.05 | #832 | | FY 2020-21 | 67.26 | 0.0031% | +26.69% | 0.59% | 303.64 | 0.0104% | −0.16% | 4.51% | −236.38 | #792 | | FY 2021-22 | 91.49 | 0.0029% | +36.02% | 0.51% | 419.62 | 0.0092% | +38.20% | 3.77% | −328.13 | #797 | | FY 2022-23 | 89.92 | 0.0025% | −1.72% | 0.57% | 490.98 | 0.0085% | +17.01% | 3.44% | −401.06 | #820 | | FY 2023-24 | 78.44 | 0.0022% | −12.77% | 0.54% | 393.92 | 0.0070% | −19.77% | 2.87% | −315.48 | #842 | | FY 2024-25 | 96.42 | 0.0026% | +22.92% | 0.64% | 411.70 | 0.0068% | +4.51% | 3.21% | −315.28 | #831 | - CAGR (7-year): exports 10.29%/yr, imports 2.53%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 5404 export-import analysis ### Consistent export growth: 10.29% CAGR over 7 years India's exports under HSN Sub-Chapter 5404 have grown at a compound annual rate of 10.29% over 7 fiscal years, rising from ₹53.58 Crore in FY 2018-19 to ₹96.42 Crore in FY 2024-25. ### HSN Sub-Chapter 5404 ranked #831 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 5404 ranks #831 out of 1233 sub-chapters by total export value. Within Chapter 54, it ranks #6 of 8. By trade surplus, it ranks #826 of 1233. ### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 5404 exports The strongest single-year export movement for HSN Sub-Chapter 5404 was recorded in FY 2021-22, when exports surged by 36.02% over the prior year. ### India records a trade deficit of ₹315.28 Crore in HSN Sub-Chapter 5404 goods In FY 2024-25, India's imports of ₹411.70 Cr exceeded exports of ₹96.42 Cr, resulting in a trade deficit of ₹315.28 Crore — ranking #826 of 1233 by surplus magnitude. ### Import growth of 2.53% CAGR signals stable import dependency for Synthetic monofilament India's imports under HSN Sub-Chapter 5404 have grown at 2.53% CAGR, reaching ₹411.70 Crore in FY 2024-25. ### HSN Sub-Chapter 5404 contributes 0.64% of Chapter 54 exports — ranked #6 Among the 8 sub-chapters under Chapter 54, HSN Sub-Chapter 5404 ranks #6 by export value — accounting for 0.64% of the chapter's total exports in FY 2024-25. On the import side, it holds 3.21% share (rank #4). ## Related Sub-Chapters in Chapter 54 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 5402: Synthetic Filament Yarn](https://busy.in/hsn/sub-chapter-5402/) | ₹7,108 Cr | | #2 | [HSN Sub-Chapter 5407: Woven synthetic fabrics](https://busy.in/hsn/sub-chapter-5407/) | ₹6,877 Cr | | #3 | [HSN Sub-Chapter 5403: Artificial Filament Yarn](https://busy.in/hsn/sub-chapter-5403/) | ₹443 Cr | | #4 | [HSN Sub-Chapter 5408: Woven artificial fabrics](https://busy.in/hsn/sub-chapter-5408/) | ₹296 Cr | | #5 | [HSN Sub-Chapter 5401: Military weapons](https://busy.in/hsn/sub-chapter-5401/) | ₹143 Cr | | #6 | HSN Sub-Chapter 5404: Synthetic monofilament (this hsn sub-chapter) | ₹96 Cr | | #7 | [HSN Sub-Chapter 5406: Natural gums & resins](https://busy.in/hsn/sub-chapter-5406/) | ₹6 Cr | | #8 | [HSN Sub-Chapter 5405: Artificial textile strips](https://busy.in/hsn/sub-chapter-5405/) | < ₹1 Crore | ## Other sub-chapters | Code | Title | | --- | --- | | 5401 | [Military weapons](https://busy.in/hsn/sub-chapter-5401/) | | 5402 | [Synthetic Filament Yarn](https://busy.in/hsn/sub-chapter-5402/) | | 5403 | [Artificial Filament Yarn](https://busy.in/hsn/sub-chapter-5403/) | | 5405 | [Artificial textile strips](https://busy.in/hsn/sub-chapter-5405/) | | 5406 | [Natural gums & resins](https://busy.in/hsn/sub-chapter-5406/) | | 5407 | [Woven synthetic fabrics](https://busy.in/hsn/sub-chapter-5407/) | | 5408 | [Woven artificial fabrics](https://busy.in/hsn/sub-chapter-5408/) |