5902 HSN Code: Tyre cord fabric of nylon

HSN Sub Chapter 5902 represents Tyre cord fabric of nylon under GST classification. This code helps businesses identify Tyre cord fabric of nylon correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5902, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Tyre cord fabric of nylon.

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New GST Rate for HSN Code 5902

GST Rate for Tyre cord fabric of nylon under HSN Code 5902. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

59

HSN Code

5902

HSN Description

Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon

New GST Rate

5 %
Essential

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 5902

Following tariff HSN codes fall under Tyre cord fabric of nylon.

Tariff HSN

59021010

Description

Of nylon or other polyamides : Impregnated with rubber

Tariff HSN

59021090

Description

Of nylon or other polyamides : Other

Tariff HSN

59022010

Description

Of polyesters : Impregnated with rubber

Tariff HSN

59022090

Description

Of polyesters : Other

Tariff HSN

59023010

Description

Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon - other : impregnated with rubber

Tariff HSN

59023090

Description

Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon - other : other

Tariff HSN

59029010

Description

Other : Impregnated with rubber

Tariff HSN

59029090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 5902 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

₹531 Cr

−23.04% vs FY 2023-24

0.0143% of India’s total exports

India’s Imports

FY 2024-25

₹1,692 Cr

−6.99% vs FY 2023-24

0.0277% of India’s total imports

Trade Balance

FY 2024-25

−₹1,161 Cr

Trade Deficit

Surplus rank #972 of 1233 subchapters

% of Chapter 59

FY 2024-25

12.48%

Share of Chapter 59’s total exports in FY 2024-25

Import side: 24.75% of Chapter 59’s imports

Rank Within Chapter 59

FY 2024-25

#3 of 11

Position by export value among subchapters in Chapter 59

Import-side rank: #2 of 11

At a glance

6.74%

Export CAGR

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

#521

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+55.57%

Peak Growth Year

FY 2023-24 · strongest single-year move

12.48%

Contribution to Ch. 59

Share of Chapter 59 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5902

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 #484

Balance

−1,656.54

Exports

359.26 ₹ Cr

0.0157% share

— YoY

19.91% of Ch. 59

Imports

2,015.80 ₹ Cr

0.0561% share

— YoY

32.99% of Ch. 59

FY 2019-20 Exp. Rank #534

Balance

−1,157.49

Exports

287.60 ₹ Cr

0.0130% share

−19.95% YoY

13.93% of Ch. 59

Imports

1,445.09 ₹ Cr

0.0431% share

−28.31% YoY

27.51% of Ch. 59

FY 2020-21 Exp. Rank #519

Balance

−1,015.38

Exports

308.49 ₹ Cr

0.0143% share

+7.26% YoY

11.48% of Ch. 59

Imports

1,323.87 ₹ Cr

0.0454% share

−8.39% YoY

33.52% of Ch. 59

FY 2021-22 Exp. Rank #504

Balance

−2,206.22

Exports

444.85 ₹ Cr

0.0142% share

+44.20% YoY

13.47% of Ch. 59

Imports

2,651.07 ₹ Cr

0.0580% share

+100.25% YoY

41.63% of Ch. 59

FY 2022-23 Exp. Rank #539

Balance

−1,670.79

Exports

443.78 ₹ Cr

0.0123% share

−0.24% YoY

14.18% of Ch. 59

Imports

2,114.57 ₹ Cr

0.0368% share

−20.24% YoY

30.64% of Ch. 59

FY 2023-24 Exp. Rank #450

Balance

−1,129.06

Exports

690.39 ₹ Cr

0.0191% share

+55.57% YoY

17.39% of Ch. 59

Imports

1,819.45 ₹ Cr

0.0324% share

−13.96% YoY

28.46% of Ch. 59

FY 2024-25 Exp. Rank #521

Balance

−1,160.90

Exports

531.31 ₹ Cr

0.0143% share

−23.04% YoY

12.48% of Ch. 59

Imports

1,692.21 ₹ Cr

0.0277% share

−6.99% YoY

24.75% of Ch. 59

CAGR · 7-Year

Exports

6.74% /yr

Imports

−2.87% /yr

Consistently Deficit
Chapter 59 total

reference, FY 2024-25

Export

₹4,258.45 Cr

Import

₹6,838.06 Cr

Trade Balance

−2,579.61

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

Key Trade Insights: HSN Sub-Chapter 5902 Export-Import Analysis

Consistent Export Growth: 6.74% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5902 have grown at a compound annual rate of 6.74% over 7 fiscal years, rising from ₹359.26 Crore in FY 2018-19 to ₹531.31 Crore in FY 2024-25.

HSN Sub-Chapter 5902 Ranked #521 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5902 ranks #521 out of 1233 subchapters by total export value. Within Chapter 59, it ranks #3 of 11. By trade surplus, it ranks #972 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 5902 Exports

The strongest single-year export movement for HSN Sub-Chapter 5902 was recorded in FY 2023-24, when exports surged by 55.57% over the prior year.

India Records a Trade Deficit of ₹1,160.90 Crore in HSN Sub-Chapter 5902 Goods

In FY 2024-25, India's imports of ₹1,692.21 Cr exceeded exports of ₹531.31 Cr, resulting in a trade deficit of ₹1,160.90 Crore — ranking #972 of 1233 by surplus magnitude.

Import Growth of −2.87% CAGR Signals Stable Import Dependency for Tyre cord fabric of nylon

India's imports under HSN Sub-Chapter 5902 have grown at −2.87% CAGR, reaching ₹1,692.21 Crore in FY 2024-25.

HSN Sub-Chapter 5902 Contributes 12.48% of Chapter 59 Exports — Ranked #3

Among the 11 subchapters under Chapter 59, HSN Sub-Chapter 5902 ranks #3 by export value — accounting for 12.48% of the chapter's total exports in FY 2024-25. On the import side, it holds 24.75% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5902 and GST compliance.

What products are classified under HSN 5902

It includes Tyre cord fabric of nylon

Is the composition scheme suitable if I mainly trade Tyre cord fabric of nylon?

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.

What misclassification mistakes happen with Tyre cord fabric of nylon?

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.

Can I claim ITC on inputs and services used for Tyre cord fabric of nylon?

If your outward supply of Tyre cord fabric of nylon is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

How should I document Tyre cord fabric of nylon sent for job work?

Use a delivery challan for sending Tyre cord fabric of nylon 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.

Can reverse charge ever apply to transactions involving Tyre cord fabric of nylon?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Tyre cord fabric of nylon 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 Tyre cord fabric of nylon?

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.

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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