HSN Code 50030090: Other Silk Waste
HSN Code 50030090 represents Other Silk Waste under GST classification. This code helps businesses identify Other Silk Waste correctly for billing, taxation, and trade. With HSN Code 50030090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Silk Waste.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 50030090
HSN Code 50030090 relates to the following description.
What does HSN Code 50030090 not include?
Other Silk Waste does not include products with the following descriptions.
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Mulberry silk waste
Tussar silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Eri waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Munga waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) not carded or combed mulberry silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Tussar silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) not carded or combed other
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : mulberry silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : tussar waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : eri waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : munga waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : other
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Mulberry silk waste
Tussar silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Eri waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Munga waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) not carded or combed mulberry silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock) : Tussar silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) not carded or combed other
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : mulberry silk waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : tussar waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : eri waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : munga waste
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock) - other : other
India’s Trade Performance — HSN Code 50030090 in FY 2024-25
India’s Exports
FY 2024-25₹185 Cr
0.0050% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹178 Cr
Surplus rank #1228 of 12657 HSN codes
% of Sub-Chapter 5003
FY 2024-2569.99%
Share of Sub-Chapter 5003’s total exports in FY 2024-25
Import side: 61.24% of Sub-Chapter 5003’s imports
Rank Within Sub-Chapter 5003
FY 2024-25#1 of 13
Position by export value among HSN codes in Sub-Chapter 5003
Import-side rank: #1 of 13
At a glance
15.40%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1917
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+86.71%
Peak Growth Year
FY 2020-21 · strongest single-year move
69.99%
Contribution to Sub-Ch. 5003
Share of Sub-Chapter 5003 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 50030090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+72.17
Exports
78.43 ₹ Cr
0.0034% share
— YoY
60.62% of Sub-Ch. 5003
Imports
6.26 ₹ Cr
0.0002% share
— YoY
17.21% of Sub-Ch. 5003
Balance
+54.88
Exports
61.01 ₹ Cr
0.0028% share
−22.21% YoY
62.06% of Sub-Ch. 5003
Imports
6.13 ₹ Cr
0.0002% share
−2.08% YoY
33.98% of Sub-Ch. 5003
Balance
+113.21
Exports
113.91 ₹ Cr
0.0053% share
+86.71% YoY
75.57% of Sub-Ch. 5003
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−88.58% YoY
23.73% of Sub-Ch. 5003
Balance
+149.37
Exports
153.52 ₹ Cr
0.0049% share
+34.77% YoY
73.54% of Sub-Ch. 5003
Imports
4.15 ₹ Cr
0.0001% share
+492.86% YoY
69.63% of Sub-Ch. 5003
Balance
+125.56
Exports
129.37 ₹ Cr
0.0036% share
−15.73% YoY
72.20% of Sub-Ch. 5003
Imports
3.81 ₹ Cr
0.0001% share
−8.19% YoY
43.34% of Sub-Ch. 5003
Balance
+212.43
Exports
220.59 ₹ Cr
0.0061% share
+70.51% YoY
69.44% of Sub-Ch. 5003
Imports
8.16 ₹ Cr
0.0001% share
+114.17% YoY
57.59% of Sub-Ch. 5003
Balance
+177.54
Exports
185.25 ₹ Cr
0.0050% share
−16.02% YoY
69.99% of Sub-Ch. 5003
Imports
7.71 ₹ Cr
0.0001% share
−5.51% YoY
61.24% of Sub-Ch. 5003
CAGR · 7-Year
Exports
15.40% /yr
Imports
3.53% /yr
reference, FY 2024-25
Export
₹264.67 Cr
Import
₹12.59 Cr
Trade Balance
+252.08
Key Trade Insights: HSN Code 50030090 Export-Import Analysis
Consistent Export Growth: 15.40% CAGR Over 7 Years
India's exports under HSN Code 50030090 have grown at a compound annual rate of 15.40% over 7 fiscal years, rising from ₹78.43 Crore in FY 2018-19 to ₹185.25 Crore in FY 2024-25.
HSN Code 50030090 Ranked #1917 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 50030090 ranks #1917 out of 12657 HSN codes by total export value. Within Sub-Chapter 5003, it ranks #1 of 13. By trade surplus, it ranks #1228 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 50030090 Exports
The strongest single-year export movement for HSN Code 50030090 was recorded in FY 2020-21, when exports surged by 86.71% over the prior year.
India Maintains a Trade Surplus of ₹177.54 Crore in HSN Code 50030090 Goods
In FY 2024-25, India's exports of ₹185.25 Cr exceeded imports of ₹7.71 Cr, resulting in a trade surplus of ₹177.54 Crore — ranking #1228 of 12657 by surplus magnitude.
Import Growth of 3.53% CAGR Signals Stable Import Dependency for Other Silk Waste
India's imports under HSN Code 50030090 have grown at 3.53% CAGR, reaching ₹7.71 Crore in FY 2024-25.
HSN Code 50030090 Contributes 69.99% of Sub-Chapter 5003 Exports — Ranked #1
Among the 13 HSN codes under Sub-Chapter 5003, HSN Code 50030090 ranks #1 by export value — accounting for 69.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 61.24% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 50030090 and GST compliance.
What products are classified under HSN 50030090 ?
It includes Other Silk Yarn (Non-Retail)
How much GST applies to Other Silk Waste?
Under HSN 50030090, Other Silk Waste attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Other Silk Waste is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Silk Waste; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Other Silk Waste?
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 Other Silk Waste?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Other Silk Waste?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.