Export Decline: −9.62% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5605 have declined at a compound annual rate of −9.62% over 7 fiscal years, falling from ₹124.33 Crore in FY 2018-19 to ₹67.78 Crore in FY 2024-25.
HSN Sub Chapter 5605 represents Metallised Yarn Combined With Metal under GST classification. This code helps businesses identify Metallised Yarn Combined With Metal correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5605, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Metallised Yarn Combined With Metal.
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GST Rate for Metallised Yarn Combined With Metal under HSN Code 5605. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Metallised Yarn Combined With Metal.
Tariff HSN
Description
Metallised yarn, whether or not gimped, being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal : Real zari thread (gold) and silver thread combined with textile thread
Tariff HSN
Description
Metallised yarn, whether or not gimped, being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal : Imitation zari thread
Tariff HSN
Description
Metallised yarn, whether or not gimped, being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal : Other
India’s Exports
FY 2024-25₹68 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹33 Cr
0.0005% of India’s total imports
Trade Balance
FY 2024-25₹35 Cr
Surplus rank #449 of 1233 subchapters
% of Chapter 56
FY 2024-251.20%
Share of Chapter 56’s total exports in FY 2024-25
Import side: 0.81% of Chapter 56’s imports
Rank Within Chapter 56
FY 2024-25#8 of 9
Position by export value among subchapters in Chapter 56
Import-side rank: #8 of 9
At a glance
−9.62%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#874
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+44.21%
Peak Growth Year
FY 2024-25 · strongest single-year move
1.20%
Contribution to Ch. 56
Share of Chapter 56 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+35.16
Exports
124.33 ₹ Cr
0.0054% share
— YoY
4.16% of Ch. 56
Imports
89.17 ₹ Cr
0.0025% share
— YoY
3.53% of Ch. 56
Balance
−49.81
Exports
110.00 ₹ Cr
0.0050% share
−11.53% YoY
3.76% of Ch. 56
Imports
159.81 ₹ Cr
0.0048% share
+79.22% YoY
5.94% of Ch. 56
Balance
+41.15
Exports
79.04 ₹ Cr
0.0037% share
−28.15% YoY
2.16% of Ch. 56
Imports
37.89 ₹ Cr
0.0013% share
−76.29% YoY
1.54% of Ch. 56
Balance
−33.89
Exports
72.90 ₹ Cr
0.0023% share
−7.77% YoY
1.75% of Ch. 56
Imports
106.79 ₹ Cr
0.0023% share
+181.84% YoY
3.23% of Ch. 56
Balance
+38.16
Exports
72.38 ₹ Cr
0.0020% share
−0.71% YoY
1.74% of Ch. 56
Imports
34.22 ₹ Cr
0.0006% share
−67.96% YoY
0.98% of Ch. 56
Balance
−1.61
Exports
47.00 ₹ Cr
0.0013% share
−35.06% YoY
0.99% of Ch. 56
Imports
48.61 ₹ Cr
0.0009% share
+42.05% YoY
1.40% of Ch. 56
Balance
+35.26
Exports
67.78 ₹ Cr
0.0018% share
+44.21% YoY
1.20% of Ch. 56
Imports
32.52 ₹ Cr
0.0005% share
−33.10% YoY
0.81% of Ch. 56
CAGR · 7-Year
Exports
−9.62% /yr
Imports
−15.47% /yr
reference, FY 2024-25
Export
₹5,635.62 Cr
Import
₹4,012.67 Cr
Trade Balance
+1,622.95
India's exports under HSN Sub-Chapter 5605 have declined at a compound annual rate of −9.62% over 7 fiscal years, falling from ₹124.33 Crore in FY 2018-19 to ₹67.78 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5605 ranks #874 out of 1233 subchapters by total export value. Within Chapter 56, it ranks #8 of 9. By trade surplus, it ranks #449 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5605 was recorded in FY 2024-25, when exports surged by 44.21% over the prior year.
In FY 2024-25, India's exports of ₹67.78 Cr exceeded imports of ₹32.52 Cr, resulting in a trade surplus of ₹35.26 Crore — ranking #449 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 5605 have grown at −15.47% CAGR, reaching ₹32.52 Crore in FY 2024-25.
Among the 9 subchapters under Chapter 56, HSN Sub-Chapter 5605 ranks #8 by export value — accounting for 1.20% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.81% share (rank #8).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 5605 and GST compliance.
It includes Metallised Yarn Combined With Metal
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
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.
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.
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.
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.