--- title: "HSN Code for Silk Waste Yarn | HSN 50030010 GST Rate" description: "Find HSN and GST Rates for 50030010 related to Silk Waste Yarn with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50030010/" --- # HSN Code 50030010: Silk Waste Yarn - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 50: Silk](https://busy.in/hsn/chapter-50/) - [Sub-chapter 5003: Silk waste products](https://busy.in/hsn/sub-chapter-5003/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Mulberry silk waste | 0% | 0% | 0% | 0% | ## Frequently asked questions ### What products are classified under HSN 50030010 ? It includes Munga Silk Waste ### Any common misclassification issue with Silk Waste Yarn? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Silk Waste Yarn? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Silk Waste Yarn? 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. ### How should mixed supplies be billed when Silk Waste Yarn is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Waste Yarn; Nil for exempt items if applicable). ### How much GST applies to Silk Waste Yarn? Under HSN 50030010, Silk Waste Yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 50030010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹79 Cr (−18.04% YoY) — 0.0022% of India's total exports - Imports: ₹5 Cr (−18.97% YoY) — 0.0001% of India's total imports - Trade balance: ₹74 Cr (Surplus); surplus rank #1834 of 12657 HSN codes - Share of Sub-Chapter 5003: 29.93% of its exports; import side 38.68% - Rank within Sub-Chapter 5003: #2 of 13 by export value; import-side #2 ### Key metrics - Export CAGR: 7.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2983 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +95.33% in FY 2023-24 - Contribution to Sub-Ch. 5003: 29.93% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50030010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5003 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5003 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 50.49 | 0.0022% | — | 39.02% | 9.81 | 0.0003% | — | 26.97% | +40.68 | #2846 | | FY 2019-20 | 34.09 | 0.0015% | −32.48% | 34.68% | 7.29 | 0.0002% | −25.69% | 40.41% | +26.80 | #3426 | | FY 2020-21 | 36.81 | 0.0017% | +7.98% | 24.42% | 2.26 | 0.0001% | −69.00% | 76.61% | +34.55 | #3379 | | FY 2021-22 | 54.94 | 0.0018% | +49.25% | 26.32% | 1.81 | 0.0000% | −19.91% | 30.37% | +53.13 | #3232 | | FY 2022-23 | 49.48 | 0.0014% | −9.94% | 27.61% | 4.98 | 0.0001% | +175.14% | 56.66% | +44.50 | #3487 | | FY 2023-24 | 96.65 | 0.0027% | +95.33% | 30.43% | 6.01 | 0.0001% | +20.68% | 42.41% | +90.64 | #2627 | | FY 2024-25 | 79.21 | 0.0022% | −18.04% | 29.93% | 4.87 | 0.0001% | −18.97% | 38.68% | +74.34 | #2983 | - CAGR (7-year): exports 7.79%/yr, imports -11.02%/yr (consistently Surplus) ## Key trade insights: HSN Code 50030010 export-import analysis ### Consistent export growth: 7.79% CAGR over 7 years India's exports under HSN Code 50030010 have grown at a compound annual rate of 7.79% over 7 fiscal years, rising from ₹50.49 Crore in FY 2018-19 to ₹79.21 Crore in FY 2024-25. ### HSN Code 50030010 ranked #2983 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50030010 ranks #2983 out of 12657 HSN codes by total export value. Within Sub-Chapter 5003, it ranks #2 of 13. By trade surplus, it ranks #1834 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 50030010 exports The strongest single-year export movement for HSN Code 50030010 was recorded in FY 2023-24, when exports surged by 95.33% over the prior year. ### India maintains a trade surplus of ₹74.34 Crore in HSN Code 50030010 goods In FY 2024-25, India's exports of ₹79.21 Cr exceeded imports of ₹4.87 Cr, resulting in a trade surplus of ₹74.34 Crore — ranking #1834 of 12657 by surplus magnitude. ### Import growth of -11.02% CAGR signals stable import dependency for Silk Waste Yarn India's imports under HSN Code 50030010 have grown at -11.02% CAGR, reaching ₹4.87 Crore in FY 2024-25. ### HSN Code 50030010 contributes 29.93% of Sub-Chapter 5003 exports — ranked #2 Among the 13 HSN codes under Sub-Chapter 5003, HSN Code 50030010 ranks #2 by export value — accounting for 29.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 38.68% share (rank #2). ## Related HSN Codes in Sub-Chapter 5003 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 50030090: Other Silk Waste](https://busy.in/hsn/hsn-50030090/) | ₹185 Cr | | #2 | HSN Code 50030010: Silk Waste Yarn (this hsn code) | ₹79 Cr | | #3 | [HSN Code 50030030: Eri Silk Waste](https://busy.in/hsn/hsn-50030030/) | < ₹1 Crore | | — | [HSN Code 50030020: Mulberry Silk Waste Uncarded Uncombed](https://busy.in/hsn/hsn-50030020/) | Nil | | — | [HSN Code 50030040: Munga Silk Waste](https://busy.in/hsn/hsn-50030040/) | Nil | | — | [HSN Code 50031010: Other Silk Waste Uncarded Uncombed](https://busy.in/hsn/hsn-50031010/) | — | | — | [HSN Code 50031020: Silk Yarn and Yarn of Silk Waste](https://busy.in/hsn/hsn-50031020/) | — | | — | [HSN Code 50031090: Mulberry Silk Waste Other](https://busy.in/hsn/hsn-50031090/) | — | | — | [HSN Code 50039010: Tussar Silk Waste](https://busy.in/hsn/hsn-50039010/) | — | | — | [HSN Code 50039020: Eri Silk Waste](https://busy.in/hsn/hsn-50039020/) | — |