--- title: "HSN Code for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale | HSN 50050021 GST Rate" description: "Find HSN and GST Rates for 50050021 related to Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50050021/" --- # HSN Code 50050021: Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale - [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 : Other than noil silk | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50050021 ? It includes Silk Embroidery Thread ### Does packaging or labelling change the GST for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale? 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 Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale 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, Not for Retail Sale; Nil for exempt items if applicable). ### How much GST applies to Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale? Under HSN 50050021, Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale? 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 50050021 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+133.62% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore (+3,500.00% YoY) — 0.0000% of India's total imports - Trade balance: ₹2 Cr (Surplus); surplus rank #4165 of 12657 HSN codes - Share of Sub-Chapter 5005: 13.52% of its exports; import side 0.74% - Rank within Sub-Chapter 5005: #2 of 4 by export value; import-side #3 ### Key metrics - Export CAGR: 45.13% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7302 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +400.00% in FY 2021-22 - Contribution to Sub-Ch. 5005: 13.52% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50050021 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 | < ₹1 Crore | 0.0000% | — | 2.11% | < ₹1 Crore | 0.0000% | — | 0.22% | +0.24 | #8572 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −10.34% | 2.56% | 1.38 | 0.0000% | +2,660.00% | 4.72% | −1.12 | #8661 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −15.38% | 1.19% | Nil | 0.0000% | −100.00% | 0.00% | +0.22 | #8805 | | FY 2021-22 | 1.10 | 0.0000% | +400.00% | 6.07% | Nil | 0.0000% | — | 0.00% | +1.10 | #7894 | | FY 2022-23 | 1.75 | 0.0000% | +59.09% | 9.33% | < ₹1 Crore | 0.0000% | — | 0.57% | +1.40 | #7568 | | FY 2023-24 | 1.16 | 0.0000% | −33.71% | 6.63% | < ₹1 Crore | 0.0000% | −97.14% | 0.02% | +1.15 | #8111 | | FY 2024-25 | 2.71 | 0.0001% | +133.62% | 13.52% | < ₹1 Crore | 0.0000% | +3,500.00% | 0.74% | +2.35 | #7302 | - CAGR (7-year): exports 45.13%/yr, imports 38.96%/yr (consistently Surplus) ## Key trade insights: HSN Code 50050021 export-import analysis ### Consistent export growth: 45.13% CAGR over 7 years India's exports under HSN Code 50050021 have grown at a compound annual rate of 45.13% over 7 fiscal years, rising from ₹0.29 Crore in FY 2018-19 to ₹2.71 Crore in FY 2024-25. ### HSN Code 50050021 ranked #7302 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50050021 ranks #7302 out of 12657 HSN codes by total export value. Within Sub-Chapter 5005, it ranks #2 of 4. By trade surplus, it ranks #4165 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 50050021 exports The strongest single-year export movement for HSN Code 50050021 was recorded in FY 2021-22, when exports surged by 400.00% over the prior year. ### India maintains a trade surplus of ₹2.35 Crore in HSN Code 50050021 goods In FY 2024-25, India's exports of ₹2.71 Cr exceeded imports of ₹0.36 Cr, resulting in a trade surplus of ₹2.35 Crore — ranking #4165 of 12657 by surplus magnitude. ### Import growth of 38.96% CAGR signals rising demand for Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale India's imports under HSN Code 50050021 have grown at 38.96% CAGR, reaching ₹0.36 Crore in FY 2024-25. ### HSN Code 50050021 contributes 13.52% of Sub-Chapter 5005 exports — ranked #2 Among the 4 HSN codes under Sub-Chapter 5005, HSN Code 50050021 ranks #2 by export value — accounting for 13.52% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.74% share (rank #3). ## 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](https://busy.in/hsn/hsn-50050011/) | ₹14 Cr | | #2 | HSN Code 50050021: Silk Waste Yarn: Other Than Noil Silk, Not for Retail Sale (this hsn code) | ₹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 |