--- title: "5405 HSN Code | HSN Code for Artificial textile strips in India" description: "Know more about 5405 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 5405 covering Artificial textile strips." canonical: "https://busy.in/hsn/sub-chapter-5405/" --- # HSN Sub-chapter 5405: Artificial textile strips Artificial 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 artificial textile 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 | | --- | --- | | 54050000 | [Artificial Textile Materials](https://busy.in/hsn/hsn-54050000/) | ## Frequently asked questions ### What products are classified under HSN 5405 It includes Artificial textile strips ### How should I document Artificial textile strips sent for job work? Use a delivery challan for sending Artificial textile strips to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN. ### What are the e‑way bill and e‑invoice points while moving Artificial textile strips? Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself. ### How do I bill a kit or combo that includes Artificial textile strips? Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly. ### How are warranty replacements of Artificial textile strips 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. ### Does MRP, weight or pack size change GST treatment for Artificial textile strips? Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN. ## India's trade performance: HSN Sub-Chapter 5405 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−89.91% YoY) — 0.0000% of India's total exports - Imports: ₹5 Cr (+17.63% YoY) — 0.0001% of India's total imports - Trade balance: −₹5 Cr (Deficit); surplus rank #565 of 1233 sub-chapters - Share of Chapter 54: 0.00% of its exports; import side 0.04% - Rank within Chapter 54: #8 of 8 by export value; import-side #7 ### Key metrics - Export CAGR: 32.86% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1179 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +1,716.67% in FY 2023-24 - Contribution to Ch. 54: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 5405 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 | < ₹1 Crore | 0.0000% | — | 0.00% | 1.57 | 0.0000% | — | 0.02% | −1.55 | #1197 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | 3.96 | 0.0001% | +152.23% | 0.05% | −3.92 | #1183 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +500.00% | 0.00% | 2.29 | 0.0001% | −42.17% | 0.03% | −2.05 | #1160 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −87.50% | 0.00% | 3.43 | 0.0001% | +49.78% | 0.03% | −3.40 | #1191 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +100.00% | 0.00% | 3.61 | 0.0001% | +5.25% | 0.03% | −3.55 | #1185 | | FY 2023-24 | 1.09 | 0.0000% | +1,716.67% | 0.01% | 4.48 | 0.0001% | +24.10% | 0.03% | −3.39 | #1147 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −89.91% | 0.00% | 5.27 | 0.0001% | +17.63% | 0.04% | −5.16 | #1179 | - CAGR (7-year): exports 32.86%/yr, imports 22.36%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 5405 export-import analysis ### Consistent export growth: 32.86% CAGR over 7 years India's exports under HSN Sub-Chapter 5405 have grown at a compound annual rate of 32.86% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.11 Crore in FY 2024-25. ### HSN Sub-Chapter 5405 ranked #1179 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 5405 ranks #1179 out of 1233 sub-chapters by total export value. Within Chapter 54, it ranks #8 of 8. By trade surplus, it ranks #565 of 1233. ### FY 2023-24 was the strongest growth year for HSN Sub-Chapter 5405 exports The strongest single-year export movement for HSN Sub-Chapter 5405 was recorded in FY 2023-24, when exports surged by 1,716.67% over the prior year. ### India records a trade deficit of ₹5.16 Crore in HSN Sub-Chapter 5405 goods In FY 2024-25, India's imports of ₹5.27 Cr exceeded exports of ₹0.11 Cr, resulting in a trade deficit of ₹5.16 Crore — ranking #565 of 1233 by surplus magnitude. ### Import growth of 22.36% CAGR signals rising demand for Artificial textile strips India's imports under HSN Sub-Chapter 5405 have grown at 22.36% CAGR, reaching ₹5.27 Crore in FY 2024-25. ### HSN Sub-Chapter 5405 contributes 0.00% of Chapter 54 exports — ranked #8 Among the 8 sub-chapters under Chapter 54, HSN Sub-Chapter 5405 ranks #8 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #7). ## 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](https://busy.in/hsn/sub-chapter-5404/) | ₹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 (this hsn sub-chapter) | < ₹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/) | | 5404 | [Synthetic monofilament](https://busy.in/hsn/sub-chapter-5404/) | | 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/) |