5404 HSN Code: Synthetic monofilament

HSN Sub Chapter 5404 represents Synthetic monofilament under GST classification. This code helps businesses identify Synthetic monofilament correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5404, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Synthetic monofilament.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 5404

GST Rate for Synthetic monofilament under HSN Code 5404. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

54

HSN Code

5404

HSN Description

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

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 5404

Following tariff HSN codes fall under Synthetic monofilament.

Tariff HSN

54041000

Description

Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm monofilament

Tariff HSN

54041100

Description

Monofilament: Elastomeric of Synthetic or artificial filament yarns

Tariff HSN

54041100

Description

Monofilament: Elastomeric

Tariff HSN

54041200

Description

Monofilament: Other, of polypropylene(Synthetic or artificial filament yarns)

Tariff HSN

54041200

Description

Monofilament: Other, of polypropylene

Tariff HSN

54041910

Description

Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)

Tariff HSN

54041910

Description

Monofilament: Other: Catgut imitation of synthetic yarn, non-sterile

Tariff HSN

54041920

Description

Monofilament: Other: Strip and the like of synthetic fibre material(Synthetic or artificial filament yarns)

Tariff HSN

54041920

Description

Monofilament: Other: Strip and the like of synthetic fibre material

Tariff HSN

54041990

Description

Monofilament: Other: Other

Tariff HSN

54049010

Description

Other : Catgut imitation of synthetic yarn, non-sterile(Synthetic or artificial filament yarns)

Tariff HSN

54049010

Description

Other : Catgut imitation of synthetic yarn, non-sterile

Tariff HSN

54049020

Description

Other : Strip and the like of synthetic fibre materials(Synthetic or artificial filament yarns)

Tariff HSN

54049020

Description

Other : Strip and the like of synthetic fibre materials

Tariff HSN

54049090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 5404 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

₹96 Cr

+22.92% vs FY 2023-24

0.0026% of India’s total exports

India’s Imports

FY 2024-25

₹412 Cr

+4.51% vs FY 2023-24

0.0068% of India’s total imports

Trade Balance

FY 2024-25

−₹315 Cr

Trade Deficit

Surplus rank #826 of 1233 subchapters

% of Chapter 54

FY 2024-25

0.64%

Share of Chapter 54’s total exports in FY 2024-25

Import side: 3.21% of Chapter 54’s imports

Rank Within Chapter 54

FY 2024-25

#6 of 8

Position by export value among subchapters in Chapter 54

Import-side rank: #4 of 8

At a glance

10.29%

Export CAGR

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

#831

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+36.02%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.64%

Contribution to Ch. 54

Share of Chapter 54 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #826

Balance

−300.72

Exports

53.58 ₹ Cr

0.0023% share

— YoY

0.33% of Ch. 54

Imports

354.30 ₹ Cr

0.0099% share

— YoY

5.18% of Ch. 54

FY 2019-20 Exp. Rank #832

Balance

−251.05

Exports

53.09 ₹ Cr

0.0024% share

−0.91% YoY

0.31% of Ch. 54

Imports

304.14 ₹ Cr

0.0091% share

−14.16% YoY

4.14% of Ch. 54

FY 2020-21 Exp. Rank #792

Balance

−236.38

Exports

67.26 ₹ Cr

0.0031% share

+26.69% YoY

0.59% of Ch. 54

Imports

303.64 ₹ Cr

0.0104% share

−0.16% YoY

4.51% of Ch. 54

FY 2021-22 Exp. Rank #797

Balance

−328.13

Exports

91.49 ₹ Cr

0.0029% share

+36.02% YoY

0.51% of Ch. 54

Imports

419.62 ₹ Cr

0.0092% share

+38.20% YoY

3.77% of Ch. 54

FY 2022-23 Exp. Rank #820

Balance

−401.06

Exports

89.92 ₹ Cr

0.0025% share

−1.72% YoY

0.57% of Ch. 54

Imports

490.98 ₹ Cr

0.0085% share

+17.01% YoY

3.44% of Ch. 54

FY 2023-24 Exp. Rank #842

Balance

−315.48

Exports

78.44 ₹ Cr

0.0022% share

−12.77% YoY

0.54% of Ch. 54

Imports

393.92 ₹ Cr

0.0070% share

−19.77% YoY

2.87% of Ch. 54

FY 2024-25 Exp. Rank #831

Balance

−315.28

Exports

96.42 ₹ Cr

0.0026% share

+22.92% YoY

0.64% of Ch. 54

Imports

411.70 ₹ Cr

0.0068% share

+4.51% YoY

3.21% of Ch. 54

CAGR · 7-Year

Exports

10.29% /yr

Imports

2.53% /yr

Consistently Deficit
Chapter 54 total

reference, FY 2024-25

Export

₹14,969.99 Cr

Import

₹12,823.04 Cr

Trade Balance

+2,146.95

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

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 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5404 ranks #831 out of 1233 subchapters 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 subchapters 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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5404 and GST compliance.

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.

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.

Explore More HSN Codes from Chapter 54