HSN Code 50020020: Raw silk (not thrown) : Mulberry dupion silk

HSN Code 50020020 represents Raw silk (not thrown) : Mulberry dupion silk under GST classification. This code helps businesses identify Raw silk (not thrown) : Mulberry dupion silk correctly for billing, taxation, and trade. With HSN Code 50020020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Raw silk (not thrown) : Mulberry dupion silk.

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Description of Goods for HSN Code 50020020

HSN Code 50020020 relates to the following description.

Description of Goods

Raw silk (not thrown) : Mulberry dupion silk

Chapter

50 - Silk

Sub Chapter

5002 - Raw silk (not thrown)

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 50020020 not include?

Raw silk (not thrown) : Mulberry dupion silk does not include products with the following descriptions.

India’s Trade Performance — HSN Code 50020020 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

< ₹1 Crore

−40.24% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

+2.37% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8290 of 12657 HSN codes

% of Sub-Chapter 5002

FY 2024-25

1.93%

Share of Sub-Chapter 5002’s total exports in FY 2024-25

Import side: 0.30% of Sub-Chapter 5002’s imports

Rank Within Sub-Chapter 5002

FY 2024-25

#2 of 3

Position by export value among HSN codes in Sub-Chapter 5002

Import-side rank: #3 of 3

At a glance

#8841

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

−40.24%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.93%

Contribution to Sub-Ch. 5002

Share of Sub-Chapter 5002 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 50020020

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

Balance

−220.66

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5002

Imports

220.66 ₹ Cr

0.0062% share

— YoY

21.19% of Sub-Ch. 5002

FY 2019-20 Exp. Rank #9717

Balance

−16.98

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.74% of Sub-Ch. 5002

Imports

17.00 ₹ Cr

0.0005% share

−92.30% YoY

1.48% of Sub-Ch. 5002

FY 2020-21

Balance

−7.28

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5002

Imports

7.28 ₹ Cr

0.0002% share

−57.18% YoY

1.28% of Sub-Ch. 5002

FY 2021-22

Balance

−5.92

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5002

Imports

5.92 ₹ Cr

0.0001% share

−18.68% YoY

0.72% of Sub-Ch. 5002

FY 2022-23

Balance

−9.38

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5002

Imports

9.38 ₹ Cr

0.0002% share

+58.45% YoY

0.55% of Sub-Ch. 5002

FY 2023-24 Exp. Rank #8412

Balance

−2.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

5.35% of Sub-Ch. 5002

Imports

2.95 ₹ Cr

0.0001% share

−68.55% YoY

0.24% of Sub-Ch. 5002

FY 2024-25 Exp. Rank #8841

Balance

−2.53

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−40.24% YoY

1.93% of Sub-Ch. 5002

Imports

3.02 ₹ Cr

0.0000% share

+2.37% YoY

0.30% of Sub-Ch. 5002

CAGR · 7-Year

Exports

—

Imports

−51.09% /yr

Consistently Deficit
Sub-Chapter 5002 total

reference, FY 2024-25

Export

₹25.38 Cr

Import

₹1,002.03 Cr

Trade Balance

−976.65

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

Key Trade Insights: HSN Code 50020020 Export-Import Analysis

Export Snapshot for HSN Code 50020020

India exported ₹0.49 Crore worth of Raw silk (not thrown) : Mulberry dupion silk in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 50020020 Ranked #8841 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 50020020 ranks #8841 out of 12657 HSN codes by total export value. Within Sub-Chapter 5002, it ranks #2 of 3. By trade surplus, it ranks #8290 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 50020020 Exports

The strongest single-year export movement for HSN Code 50020020 was recorded in FY 2024-25, when exports declined by 40.24% over the prior year.

India Records a Trade Deficit of ₹2.53 Crore in HSN Code 50020020 Goods

In FY 2024-25, India's imports of ₹3.02 Cr exceeded exports of ₹0.49 Cr, resulting in a trade deficit of ₹2.53 Crore — ranking #8290 of 12657 by surplus magnitude.

Import Growth of −51.09% CAGR Signals Stable Import Dependency for Raw silk (not thrown) : Mulberry dupion silk

India's imports under HSN Code 50020020 have grown at −51.09% CAGR, reaching ₹3.02 Crore in FY 2024-25.

HSN Code 50020020 Contributes 1.93% of Sub-Chapter 5002 Exports — Ranked #2

Among the 3 HSN codes under Sub-Chapter 5002, HSN Code 50020020 ranks #2 by export value — accounting for 1.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 50020020 and GST compliance.

What products are classified under HSN 50020020 ?

It includes Silk Waste Yarn

How much GST applies to Raw silk (not thrown) : Mulberry dupion silk?

Under HSN 50020020, Raw silk (not thrown) : Mulberry dupion silk attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Raw silk (not thrown) : Mulberry dupion silk?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Any common misclassification issue with Raw silk (not thrown) : Mulberry dupion silk?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Raw silk (not thrown) : Mulberry dupion silk is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Raw silk (not thrown) : Mulberry dupion silk; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Raw silk (not thrown) : Mulberry dupion silk?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Can we claim ITC on inputs used to trade Raw silk (not thrown) : Mulberry dupion silk?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.