5506 HSN Code: Retail sewing thread

HSN Sub Chapter 5506 represents Retail sewing thread under GST classification. This code helps businesses identify Retail sewing thread correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5506, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Retail sewing thread.

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New GST Rate for HSN Code 5506

GST Rate for Retail sewing thread under HSN Code 5506. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

55

HSN Code

5506

HSN Description

Synthetic staple fibres, carded combed or otherwise processed for spinning

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 5506

Following tariff HSN codes fall under Retail sewing thread.

Tariff HSN

55061000

Description

Of nylon or other polyamides

Tariff HSN

55062000

Description

Of polyesters

Tariff HSN

55063000

Description

Acrylic or modacrylic

Tariff HSN

55064000

Description

Of Polypropylene

Tariff HSN

55069010

Description

Other : Polypropylene tops

Tariff HSN

55069090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 5506 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

₹31 Cr

+72.08% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹35 Cr

+15.94% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #558 of 1233 subchapters

% of Chapter 55

FY 2024-25

0.23%

Share of Chapter 55’s total exports in FY 2024-25

Import side: 0.49% of Chapter 55’s imports

Rank Within Chapter 55

FY 2024-25

#14 of 16

Position by export value among subchapters in Chapter 55

Import-side rank: #13 of 16

At a glance

20.99%

Export CAGR

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

#961

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+73.34%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.23%

Contribution to Ch. 55

Share of Chapter 55 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5506

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 #1008

Balance

−20.32

Exports

10.04 ₹ Cr

0.0004% share

— YoY

0.08% of Ch. 55

Imports

30.36 ₹ Cr

0.0008% share

— YoY

0.47% of Ch. 55

FY 2019-20 Exp. Rank #1003

Balance

−21.26

Exports

9.16 ₹ Cr

0.0004% share

−8.76% YoY

0.08% of Ch. 55

Imports

30.42 ₹ Cr

0.0009% share

+0.20% YoY

0.45% of Ch. 55

FY 2020-21 Exp. Rank #1006

Balance

−14.38

Exports

8.14 ₹ Cr

0.0004% share

−11.14% YoY

0.09% of Ch. 55

Imports

22.52 ₹ Cr

0.0008% share

−25.97% YoY

0.36% of Ch. 55

FY 2021-22 Exp. Rank #994

Balance

−23.93

Exports

14.11 ₹ Cr

0.0004% share

+73.34% YoY

0.09% of Ch. 55

Imports

38.04 ₹ Cr

0.0008% share

+68.92% YoY

0.49% of Ch. 55

FY 2022-23 Exp. Rank #1004

Balance

−22.42

Exports

16.20 ₹ Cr

0.0004% share

+14.81% YoY

0.11% of Ch. 55

Imports

38.62 ₹ Cr

0.0007% share

+1.52% YoY

0.39% of Ch. 55

FY 2023-24 Exp. Rank #1003

Balance

−11.81

Exports

18.30 ₹ Cr

0.0005% share

+12.96% YoY

0.13% of Ch. 55

Imports

30.11 ₹ Cr

0.0005% share

−22.04% YoY

0.40% of Ch. 55

FY 2024-25 Exp. Rank #961

Balance

−3.42

Exports

31.49 ₹ Cr

0.0009% share

+72.08% YoY

0.23% of Ch. 55

Imports

34.91 ₹ Cr

0.0006% share

+15.94% YoY

0.49% of Ch. 55

CAGR · 7-Year

Exports

20.99% /yr

Imports

2.35% /yr

Consistently Deficit
Chapter 55 total

reference, FY 2024-25

Export

₹13,643.30 Cr

Import

₹7,102.61 Cr

Trade Balance

+6,540.69

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

Key Trade Insights: HSN Sub-Chapter 5506 Export-Import Analysis

Consistent Export Growth: 20.99% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5506 have grown at a compound annual rate of 20.99% over 7 fiscal years, rising from ₹10.04 Crore in FY 2018-19 to ₹31.49 Crore in FY 2024-25.

HSN Sub-Chapter 5506 Ranked #961 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5506 ranks #961 out of 1233 subchapters by total export value. Within Chapter 55, it ranks #14 of 16. By trade surplus, it ranks #558 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 5506 Exports

The strongest single-year export movement for HSN Sub-Chapter 5506 was recorded in FY 2021-22, when exports surged by 73.34% over the prior year.

India Records a Trade Deficit of ₹3.42 Crore in HSN Sub-Chapter 5506 Goods

In FY 2024-25, India's imports of ₹34.91 Cr exceeded exports of ₹31.49 Cr, resulting in a trade deficit of ₹3.42 Crore — ranking #558 of 1233 by surplus magnitude.

Import Growth of 2.35% CAGR Signals Stable Import Dependency for Retail sewing thread

India's imports under HSN Sub-Chapter 5506 have grown at 2.35% CAGR, reaching ₹34.91 Crore in FY 2024-25.

HSN Sub-Chapter 5506 Contributes 0.23% of Chapter 55 Exports — Ranked #14

Among the 16 subchapters under Chapter 55, HSN Sub-Chapter 5506 ranks #14 by export value — accounting for 0.23% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.49% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5506 and GST compliance.

What products are classified under HSN 5506

It includes Retail sewing thread

Any import/export nuance for Retail sewing thread?

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.

Can reverse charge ever apply to transactions involving Retail sewing thread?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Retail sewing thread are forward charge. Check the current notifications for any special cases before deciding.

What are the e‑way bill and e‑invoice points while moving Retail sewing thread?

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.

Does packaging or branding change how GST applies to Retail sewing thread?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Retail sewing thread 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.

Does MRP, weight or pack size change GST treatment for Retail sewing thread?

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.

How are warranty replacements of Retail sewing thread 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.

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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