5407 HSN Code: Woven synthetic fabrics

HSN Sub Chapter 5407 represents Woven synthetic fabrics under GST classification. This code helps businesses identify Woven synthetic fabrics correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5407, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Woven synthetic fabrics.

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New GST Rate for HSN Code 5407

GST Rate for Woven synthetic fabrics under HSN Code 5407. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

54

HSN Code

5407

HSN Description

Woven fabrics of synthetic filament yarn, including woven fabrics obtained from materials of heading 5404

New GST Rate

12 %
Standard

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 5407

Following tariff HSN codes fall under Woven synthetic fabrics.

Tariff HSN

54071011

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Parachute fabrics

Tariff HSN

54071012

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Tent fabrics

Tariff HSN

54071013

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Nylon furnishing fabrics

Tariff HSN

54071014

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Umbrella cloth panel fabrics

Tariff HSN

54071015

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Other nylon and polyamide fabrics (filament)

Tariff HSN

54071016

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Polyester suitings

Tariff HSN

54071019

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Unbleached : Other polyester fabrics

Tariff HSN

54071021

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Parachute fabrics

Tariff HSN

54071022

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Tent fabrics

Tariff HSN

54071023

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Nylon furnishing fabrics

Tariff HSN

54071024

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Umbrella cloth panel fabrics

Tariff HSN

54071025

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Other nylon and polyamide fabrics of filament yarn

Tariff HSN

54071026

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Polyester suitings

Tariff HSN

54071029

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Bleached : Other

Tariff HSN

54071031

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Parachute fabrics

Tariff HSN

54071032

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Tent fabrics

Tariff HSN

54071033

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Nylon furnishing fabrics

Tariff HSN

54071034

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Umbrella cloth panel fabrics

Tariff HSN

54071035

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Other nylon and polyamide fabrics (filament)

Tariff HSN

54071036

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Polyester suitings

Tariff HSN

54071039

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Dyed : Other

Tariff HSN

54071041

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Parachute fabrics

Tariff HSN

54071042

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Tent fabrics

Tariff HSN

54071043

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Nylon furnishing fabrics

Tariff HSN

54071044

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Umbrella cloth panel fabrics

Tariff HSN

54071045

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Other nylon and polyamide fabrics (filament)

Tariff HSN

54071046

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Polyester suitings

Tariff HSN

54071049

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Printed : Other

Tariff HSN

54071091

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Parachute fabrics

Tariff HSN

54071092

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Tent fabrics

Tariff HSN

54071093

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Nylon furnishing fabrics

Tariff HSN

54071094

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Umbrella cloth panel fabrics

Tariff HSN

54071095

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Other nylon and polyamide fabrics of filament yarn

Tariff HSN

54071096

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Polyester suitings

Tariff HSN

54071099

Description

Woven fabrics obtained from high tenacity yarn of nylon or other polyamides or of polyesters : Other : Other

Tariff HSN

54072010

Description

Woven fabrics obtained from strip or the like : Unbleached

Tariff HSN

54072020

Description

Woven fabrics obtained from strip or the like : Bleached

Tariff HSN

54072030

Description

Woven fabrics obtained from strip or the like : Dyed

Tariff HSN

54072040

Description

Woven fabrics obtained from strip or the like : Printed

Tariff HSN

54072090

Description

Woven fabrics obtained from strip or the like : Other

Tariff HSN

54073010

Description

Fabrics specified in Note 9 to Section XI : Unbleached

Tariff HSN

54073020

Description

Fabrics specified in Note 9 to Section XI : Bleached

Tariff HSN

54073030

Description

Fabrics specified in Note 9 to Section XI : Dyed

Tariff HSN

54073040

Description

Fabrics specified in Note 9 to Section XI : Printed

Tariff HSN

54073090

Description

Fabrics specified in Note 9 to Section XI : Other

Tariff HSN

54074111

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Unbleached : Nylon brasso

Tariff HSN

54074112

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Unbleached : Nylon georgette

Tariff HSN

54074113

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Unbleached : Nylon tafetta

Tariff HSN

54074114

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Unbleached : Nylon sarees

Tariff HSN

54074119

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Unbleached : Other

Tariff HSN

54074121

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Bleached : Nylon brasso

Tariff HSN

54074122

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Bleached : Nylon georgette

Tariff HSN

54074123

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Bleached : Nylon tafetta

Tariff HSN

54074124

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Bleached : Nylon sarees

Tariff HSN

54074129

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Unbleached or bleached : Bleached : Other

Tariff HSN

54074210

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Dyed : Nylon brasso

Tariff HSN

54074220

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Dyed : Nylon georgette

Tariff HSN

54074230

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Dyed : Nylon tafetta

Tariff HSN

54074240

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Dyed : Nylon sarees

Tariff HSN

54074290

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Dyed : Other

Tariff HSN

54074300

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Dyed : Of yarn of different colours

Tariff HSN

54074410

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Printed : Nylon brasso

Tariff HSN

54074420

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Printed : Nylon georgette

Tariff HSN

54074430

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Printed : Nylon tafetta

Tariff HSN

54074440

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Printed : Nylon sarees,

Tariff HSN

54074490

Description

Other woven fabrics, containing 85% or more by weight of filaments of nylon or other polyamides : Printed : Other

Tariff HSN

54075111

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Unbleached or bleached : Unbleached : Polyester shirtings

Tariff HSN

54075119

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Unbleached or bleached : Unbleached : Other

Tariff HSN

54075121

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Unbleached or bleached : Bleached : Polyester shirtings

Tariff HSN

54075129

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Unbleached or bleached : Bleached : Other

Tariff HSN

54075210

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Dyed : Polyester shirtings

Tariff HSN

54075220

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Dyed : Polyester suitings

Tariff HSN

54075230

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Dyed : Terylene and dacron sarees

Tariff HSN

54075240

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Dyed : Polyester sarees

Tariff HSN

54075290

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Dyed : Other

Tariff HSN

54075300

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Of yarns of different colours

Tariff HSN

54075410

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Printed : Terylene and dacron sarees

Tariff HSN

54075420

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Printed : Polyester shirtings

Tariff HSN

54075430

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Printed : Polyester sarees

Tariff HSN

54075490

Description

Other woven fabrics, containing 85% or more by weight of textured polyester filaments : Printed : Other

Tariff HSN

54076110

Description

Other woven fabrics, containing 85% or more by weight of polyester filaments : Containing 85% or more by weight of non-textured polyester filaments : Polyester shirtings

Tariff HSN

54076120

Description

Other woven fabrics, containing 85% or more by weight of polyester filaments : Containing 85% or more by weight of non-textured polyester filaments : Polyester suitings

Tariff HSN

54076190

Description

Other woven fabrics, containing 85% or more by weight of polyester filaments : Containing 85% or more by weight of non-textured polyester filaments : Other

Tariff HSN

54076900

Description

Other woven fabrics, containing 85% or more by weight of polyester filaments : Other

Tariff HSN

54077110

Description

Other woven fabrics, containing 85% or more by weight of synthetic filaments : Unbleached or bleached : Unbleached

Tariff HSN

54077120

Description

Other woven fabrics, containing 85% or more by weight of synthetic filaments : Unbleached or bleached : Bleached

Tariff HSN

54077200

Description

Other woven fabrics, containing 85% or more by weight of synthetic filaments : dyed

Tariff HSN

54077300

Description

Other woven fabrics, containing 85% or more by weight of synthetic filaments : Of yarns of different colours

Tariff HSN

54077400

Description

Other woven fabrics, containing 85% or more by weight of synthetic filaments : Printed

Tariff HSN

54078111

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached : Nylon georgette

Tariff HSN

54078112

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached : Nylon sarees

Tariff HSN

54078113

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached :Polyester shirtings

Tariff HSN

54078114

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached : Polyester suitings

Tariff HSN

54078115

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached : Terylene and dacron sarees

Tariff HSN

54078116

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached : Polyester dhoti

Tariff HSN

54078119

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton : Unbleached or bleached : Unbleached : Other

Tariff HSN

54078121

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Nylon georgette

Tariff HSN

54078122

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Nylon sarees

Tariff HSN

54078123

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Polyester shirtings

Tariff HSN

54078124

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Polyester suitings

Tariff HSN

54078125

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Terylene and dacron sarees

Tariff HSN

54078126

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Polyester dhoti

Tariff HSN

54078129

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Unbleached or bleached : Bleached : Other

Tariff HSN

54078210

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Nylon georgette

Tariff HSN

54078220

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Nylon sarees

Tariff HSN

54078230

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Polyester shirtings

Tariff HSN

54078240

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Polyester suitings

Tariff HSN

54078250

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Terylene and dacron sarees

Tariff HSN

54078260

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Lungies

Tariff HSN

54078290

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Dyed : Other

Tariff HSN

54078300

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Of yarns of different colours

Tariff HSN

54078410

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Nylon georgette

Tariff HSN

54078420

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Nylon sarees

Tariff HSN

54078430

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Polyester shirtings

Tariff HSN

54078440

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Polyester suitings

Tariff HSN

54078450

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Terylene and dacron sarees

Tariff HSN

54078460

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Lungies

Tariff HSN

54078470

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Polyester sarees

Tariff HSN

54078490

Description

Other woven fabrics, containing less than 85% by weight of synthetic filaments, mixed mainly or solely with cotton :Printed : Other

Tariff HSN

54079110

Description

Other woven fabrics : Unbleached or bleached : Unbleached

Tariff HSN

54079120

Description

Other woven fabrics : Unbleached or bleached : Bleached

Tariff HSN

54079200

Description

Other woven fabrics : Dyed

Tariff HSN

54079300

Description

Other woven fabrics : Of yarns of different colours

Tariff HSN

54079400

Description

Other woven fabrics : Printed

India’s Trade Performance — HSN Sub-Chapter 5407 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

₹6,877 Cr

−2.67% vs FY 2023-24

0.1857% of India’s total exports

India’s Imports

FY 2024-25

₹2,849 Cr

+25.49% vs FY 2023-24

0.0467% of India’s total imports

Trade Balance

FY 2024-25

₹4,028 Cr

Trade Surplus

Surplus rank #85 of 1233 subchapters

% of Chapter 54

FY 2024-25

45.94%

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

Import side: 22.22% of Chapter 54’s imports

Rank Within Chapter 54

FY 2024-25

#2 of 8

Position by export value among subchapters in Chapter 54

Import-side rank: #3 of 8

At a glance

0.66%

Export CAGR

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

#103

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+30.86%

Peak Growth Year

FY 2021-22 · strongest single-year move

45.94%

Contribution to Ch. 54

Share of Chapter 54 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5407

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 #62

Balance

+4,955.01

Exports

6,610.29 ₹ Cr

0.2880% share

— YoY

41.27% of Ch. 54

Imports

1,655.28 ₹ Cr

0.0461% share

— YoY

24.19% of Ch. 54

FY 2019-20 Exp. Rank #36

Balance

+6,606.42

Exports

8,445.97 ₹ Cr

0.3824% share

+27.77% YoY

49.79% of Ch. 54

Imports

1,839.55 ₹ Cr

0.0548% share

+11.13% YoY

25.02% of Ch. 54

FY 2020-21 Exp. Rank #80

Balance

+3,708.56

Exports

5,122.60 ₹ Cr

0.2382% share

−39.35% YoY

44.66% of Ch. 54

Imports

1,414.04 ₹ Cr

0.0485% share

−23.13% YoY

21.02% of Ch. 54

FY 2021-22 Exp. Rank #78

Balance

+4,671.95

Exports

6,703.66 ₹ Cr

0.2136% share

+30.86% YoY

37.10% of Ch. 54

Imports

2,031.71 ₹ Cr

0.0445% share

+43.68% YoY

18.23% of Ch. 54

FY 2022-23 Exp. Rank #85

Balance

+5,507.85

Exports

7,533.80 ₹ Cr

0.2081% share

+12.38% YoY

47.89% of Ch. 54

Imports

2,025.95 ₹ Cr

0.0352% share

−0.28% YoY

14.18% of Ch. 54

FY 2023-24 Exp. Rank #93

Balance

+4,795.70

Exports

7,066.10 ₹ Cr

0.1953% share

−6.21% YoY

48.48% of Ch. 54

Imports

2,270.40 ₹ Cr

0.0404% share

+12.07% YoY

16.56% of Ch. 54

FY 2024-25 Exp. Rank #103

Balance

+4,028.32

Exports

6,877.36 ₹ Cr

0.1857% share

−2.67% YoY

45.94% of Ch. 54

Imports

2,849.04 ₹ Cr

0.0467% share

+25.49% YoY

22.22% of Ch. 54

CAGR · 7-Year

Exports

0.66% /yr

Imports

9.47% /yr

Consistently Surplus
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 5407 Export-Import Analysis

Consistent Export Growth: 0.66% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5407 have grown at a compound annual rate of 0.66% over 7 fiscal years, rising from ₹6,610.29 Crore in FY 2018-19 to ₹6,877.36 Crore in FY 2024-25.

HSN Sub-Chapter 5407 Ranked #103 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5407 ranks #103 out of 1233 subchapters by total export value. Within Chapter 54, it ranks #2 of 8. By trade surplus, it ranks #85 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 5407 Exports

The strongest single-year export movement for HSN Sub-Chapter 5407 was recorded in FY 2021-22, when exports surged by 30.86% over the prior year.

India Maintains a Trade Surplus of ₹4,028.32 Crore in HSN Sub-Chapter 5407 Goods

In FY 2024-25, India's exports of ₹6,877.36 Cr exceeded imports of ₹2,849.04 Cr, resulting in a trade surplus of ₹4,028.32 Crore — ranking #85 of 1233 by surplus magnitude.

Import Growth of 9.47% CAGR Signals Stable Import Dependency for Woven synthetic fabrics

India's imports under HSN Sub-Chapter 5407 have grown at 9.47% CAGR, reaching ₹2,849.04 Crore in FY 2024-25.

HSN Sub-Chapter 5407 Contributes 45.94% of Chapter 54 Exports — Ranked #2

Among the 8 subchapters under Chapter 54, HSN Sub-Chapter 5407 ranks #2 by export value — accounting for 45.94% of the chapter's total exports in FY 2024-25. On the import side, it holds 22.22% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5407 and GST compliance.

What products are classified under HSN 5407

It includes Woven synthetic fabrics

Is the composition scheme suitable if I mainly trade Woven synthetic fabrics?

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.

Does packaging or branding change how GST applies to Woven synthetic fabrics?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Woven synthetic fabrics is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

How are warranty replacements of Woven synthetic fabrics 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.

Do spares or accessories of Woven synthetic fabrics follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

Any import/export nuance for Woven synthetic fabrics?

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.

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