--- title: "HSN Code for Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk | HSN 50050011 GST Rate" description: "Find HSN and GST Rates for 50050011 related to Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50050011/" --- # HSN Code 50050011: Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 50: Silk](https://busy.in/hsn/chapter-50/) - [Sub-chapter 5005: Silk waste yarn](https://busy.in/hsn/sub-chapter-5005/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Yarn spun from silk waste, not put up for retail sale : Containing 85% or more by weight of silk waste : Other than noil silk | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50050011 ? It includes Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale ### Can we claim ITC on inputs used to trade Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk? 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: Other Than Noil Silk, Containing ≥85% 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. ### Any common misclassification issue with Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% 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 much GST applies to Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk? Under HSN 50050011, Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk 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: Other Than Noil Silk, Containing ≥85% Silk; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% 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. ## India's trade performance: HSN Code 50050011 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹14 Cr (+22.61% YoY) — 0.0004% of India's total exports - Imports: ₹48 Cr (−2.88% YoY) — 0.0008% of India's total imports - Trade balance: −₹34 Cr (Deficit); surplus rank #9945 of 12657 HSN codes - Share of Sub-Chapter 5005: 70.36% of its exports; import side 97.24% - Rank within Sub-Chapter 5005: #1 of 4 by export value; import-side #1 ### Key metrics - Export CAGR: 10.35% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5345 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +63.47% in FY 2020-21 - Contribution to Sub-Ch. 5005: 70.36% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50050011 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. 5005 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5005 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 7.81 | 0.0003% | — | 56.88% | 22.71 | 0.0006% | — | 99.21% | −14.90 | #5307 | | FY 2019-20 | 7.09 | 0.0003% | −9.22% | 69.78% | 25.50 | 0.0008% | +12.29% | 87.21% | −18.41 | #5430 | | FY 2020-21 | 11.59 | 0.0005% | +63.47% | 62.68% | 16.83 | 0.0006% | −34.00% | 96.01% | −5.24 | #4878 | | FY 2021-22 | 14.03 | 0.0004% | +21.05% | 77.47% | 30.07 | 0.0007% | +78.67% | 94.68% | −16.04 | #5049 | | FY 2022-23 | 13.98 | 0.0004% | −0.36% | 74.52% | 61.09 | 0.0011% | +103.16% | 99.43% | −47.11 | #5173 | | FY 2023-24 | 11.50 | 0.0003% | −17.74% | 65.71% | 49.04 | 0.0009% | −19.73% | 97.42% | −37.54 | #5541 | | FY 2024-25 | 14.10 | 0.0004% | +22.61% | 70.36% | 47.63 | 0.0008% | −2.88% | 97.24% | −33.53 | #5345 | - CAGR (7-year): exports 10.35%/yr, imports 13.14%/yr (consistently Deficit) ## Key trade insights: HSN Code 50050011 export-import analysis ### Consistent export growth: 10.35% CAGR over 7 years India's exports under HSN Code 50050011 have grown at a compound annual rate of 10.35% over 7 fiscal years, rising from ₹7.81 Crore in FY 2018-19 to ₹14.10 Crore in FY 2024-25. ### HSN Code 50050011 ranked #5345 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50050011 ranks #5345 out of 12657 HSN codes by total export value. Within Sub-Chapter 5005, it ranks #1 of 4. By trade surplus, it ranks #9945 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 50050011 exports The strongest single-year export movement for HSN Code 50050011 was recorded in FY 2020-21, when exports surged by 63.47% over the prior year. ### India records a trade deficit of ₹33.53 Crore in HSN Code 50050011 goods In FY 2024-25, India's imports of ₹47.63 Cr exceeded exports of ₹14.10 Cr, resulting in a trade deficit of ₹33.53 Crore — ranking #9945 of 12657 by surplus magnitude. ### Import growth of 13.14% CAGR signals rising demand for Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk India's imports under HSN Code 50050011 have grown at 13.14% CAGR, reaching ₹47.63 Crore in FY 2024-25. ### HSN Code 50050011 contributes 70.36% of Sub-Chapter 5005 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 5005, HSN Code 50050011 ranks #1 by export value — accounting for 70.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 97.24% share (rank #1). ## Related HSN Codes in Sub-Chapter 5005 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 50050011: Silk Waste Yarn: Other Than Noil Silk, Containing ≥85% Silk (this hsn code) | ₹14 Cr | | #2 | [HSN Code 50050021: Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale](https://busy.in/hsn/hsn-50050021/) | ₹3 Cr | | #3 | [HSN Code 50050012: Noil Silk Yarn](https://busy.in/hsn/hsn-50050012/) | ₹3 Cr | | #4 | [HSN Code 50050022: Yarn spun from silk waste, not put up for retail sale : From noil silk](https://busy.in/hsn/hsn-50050022/) | < ₹1 Crore |