5606 HSN Code: Gimped yarn & chenille yarn

HSN Sub Chapter 5606 represents Gimped yarn & chenille yarn under GST classification. This code helps businesses identify Gimped yarn & chenille yarn correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5606, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Gimped yarn & chenille yarn.

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New GST Rate for HSN Code 5606

GST Rate for Gimped yarn & chenille yarn under HSN Code 5606. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

56

HSN Code

5606

HSN Description

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn

New GST Rate

0 %
Exempted

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 5606

Following tariff HSN codes fall under Gimped yarn & chenille yarn.

Tariff HSN

56060010

Description

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : – Trimmings, of cotton

Tariff HSN

56060020

Description

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : Trimmings, of man-made fibres

Tariff HSN

56060030

Description

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : Trimmings, of zari

Tariff HSN

56060090

Description

Gimped yarn, and strip and the like of heading 5404 or 5405, gimped (other than those of heading 5605 and gimped horsehair yarn); chenille yarn (including flock chenille yarn); loop wale-yarn : Other

India’s Trade Performance — HSN Sub-Chapter 5606 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

₹145 Cr

+7.16% vs FY 2023-24

0.0039% of India’s total exports

India’s Imports

FY 2024-25

₹536 Cr

+24.78% vs FY 2023-24

0.0088% of India’s total imports

Trade Balance

FY 2024-25

−₹391 Cr

Trade Deficit

Surplus rank #843 of 1233 subchapters

% of Chapter 56

FY 2024-25

2.58%

Share of Chapter 56’s total exports in FY 2024-25

Import side: 13.36% of Chapter 56’s imports

Rank Within Chapter 56

FY 2024-25

#6 of 9

Position by export value among subchapters in Chapter 56

Import-side rank: #3 of 9

At a glance

20.02%

Export CAGR

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

#768

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+59.07%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.58%

Contribution to Ch. 56

Share of Chapter 56 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5606

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 #840

Balance

+38.51

Exports

48.64 ₹ Cr

0.0021% share

— YoY

1.63% of Ch. 56

Imports

10.13 ₹ Cr

0.0003% share

— YoY

0.40% of Ch. 56

FY 2019-20 Exp. Rank #896

Balance

+18.20

Exports

32.13 ₹ Cr

0.0015% share

−33.94% YoY

1.10% of Ch. 56

Imports

13.93 ₹ Cr

0.0004% share

+37.51% YoY

0.52% of Ch. 56

FY 2020-21 Exp. Rank #863

Balance

−32.01

Exports

40.17 ₹ Cr

0.0019% share

+25.02% YoY

1.10% of Ch. 56

Imports

72.18 ₹ Cr

0.0025% share

+418.16% YoY

2.94% of Ch. 56

FY 2021-22 Exp. Rank #865

Balance

−119.70

Exports

55.46 ₹ Cr

0.0018% share

+38.06% YoY

1.33% of Ch. 56

Imports

175.16 ₹ Cr

0.0038% share

+142.67% YoY

5.29% of Ch. 56

FY 2022-23 Exp. Rank #825

Balance

−275.84

Exports

88.22 ₹ Cr

0.0024% share

+59.07% YoY

2.13% of Ch. 56

Imports

364.06 ₹ Cr

0.0063% share

+107.84% YoY

10.47% of Ch. 56

FY 2023-24 Exp. Rank #757

Balance

−293.88

Exports

135.65 ₹ Cr

0.0037% share

+53.76% YoY

2.85% of Ch. 56

Imports

429.53 ₹ Cr

0.0076% share

+17.98% YoY

12.39% of Ch. 56

FY 2024-25 Exp. Rank #768

Balance

−390.59

Exports

145.36 ₹ Cr

0.0039% share

+7.16% YoY

2.58% of Ch. 56

Imports

535.95 ₹ Cr

0.0088% share

+24.78% YoY

13.36% of Ch. 56

CAGR · 7-Year

Exports

20.02% /yr

Imports

93.75% /yr

Consistently Deficit
Chapter 56 total

reference, FY 2024-25

Export

₹5,635.62 Cr

Import

₹4,012.67 Cr

Trade Balance

+1,622.95

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

Key Trade Insights: HSN Sub-Chapter 5606 Export-Import Analysis

Consistent Export Growth: 20.02% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5606 have grown at a compound annual rate of 20.02% over 7 fiscal years, rising from ₹48.64 Crore in FY 2018-19 to ₹145.36 Crore in FY 2024-25.

HSN Sub-Chapter 5606 Ranked #768 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5606 ranks #768 out of 1233 subchapters by total export value. Within Chapter 56, it ranks #6 of 9. By trade surplus, it ranks #843 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 5606 Exports

The strongest single-year export movement for HSN Sub-Chapter 5606 was recorded in FY 2022-23, when exports surged by 59.07% over the prior year.

India Records a Trade Deficit of ₹390.59 Crore in HSN Sub-Chapter 5606 Goods

In FY 2024-25, India's imports of ₹535.95 Cr exceeded exports of ₹145.36 Cr, resulting in a trade deficit of ₹390.59 Crore — ranking #843 of 1233 by surplus magnitude.

Import Growth of 93.75% CAGR Signals Rising Demand for Gimped yarn & chenille yarn

India's imports under HSN Sub-Chapter 5606 have grown at 93.75% CAGR, reaching ₹535.95 Crore in FY 2024-25.

HSN Sub-Chapter 5606 Contributes 2.58% of Chapter 56 Exports — Ranked #6

Among the 9 subchapters under Chapter 56, HSN Sub-Chapter 5606 ranks #6 by export value — accounting for 2.58% of the chapter's total exports in FY 2024-25. On the import side, it holds 13.36% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5606 and GST compliance.

What products are classified under HSN 5606

It includes Gimped yarn & chenille yarn

What misclassification mistakes happen with Gimped yarn & chenille yarn?

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.

How do I bill a kit or combo that includes Gimped yarn & chenille yarn?

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.

Any import/export nuance for Gimped yarn & chenille yarn?

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.

What should my invoice and records include for Gimped yarn & chenille yarn?

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.

Any special steps when selling Gimped yarn & chenille yarn through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

Do spares or accessories of Gimped yarn & chenille yarn 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.

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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