--- title: "HSN Code for Yarn spun from silk waste, not put up for retail sale : From noil silk | HSN 50050022 GST Rate" description: "Find HSN and GST Rates for 50050022 related to Yarn spun from silk waste, not put up for retail sale : From noil silk with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50050022/" --- # HSN Code 50050022: Yarn spun from silk waste, not put up for retail sale : From noil 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 : From noil silk | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50050022 ? It includes Other Silk Yarn (Non-Retail) ### Does packaging or labelling change the GST for Yarn spun from silk waste, not put up for retail sale : From noil 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 Yarn spun from silk waste, not put up for retail sale : From noil silk? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Yarn spun from silk waste, not put up for retail sale : From noil 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 Yarn spun from silk waste, not put up for retail sale : From noil 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 Yarn spun from silk waste, not put up for retail sale : From noil silk? Under HSN 50050022, Yarn spun from silk waste, not put up for retail sale : From noil silk attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 50050022 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−57.14% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−25.69% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7455 of 12657 HSN codes - Share of Sub-Chapter 5005: 3.14% of its exports; import side 1.65% - Rank within Sub-Chapter 5005: #4 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: -19.35% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8641 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,737.50% in FY 2023-24 - Contribution to Sub-Ch. 5005: 3.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50050022 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 | 2.29 | 0.0001% | — | 16.68% | < ₹1 Crore | 0.0000% | — | 0.57% | +2.16 | #6798 | | FY 2019-20 | 1.07 | 0.0000% | −53.28% | 10.53% | 2.32 | 0.0001% | +1,684.62% | 7.93% | −1.25 | #7542 | | FY 2020-21 | 1.02 | 0.0000% | −4.67% | 5.52% | < ₹1 Crore | 0.0000% | −69.40% | 4.05% | +0.31 | #7650 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −32.35% | 3.81% | 1.65 | 0.0000% | +132.39% | 5.20% | −0.96 | #8325 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −88.41% | 0.43% | Nil | 0.0000% | −100.00% | 0.00% | +0.08 | #9735 | | FY 2023-24 | 1.47 | 0.0000% | +1,737.50% | 8.40% | 1.09 | 0.0000% | — | 2.17% | +0.38 | #7880 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −57.14% | 3.14% | < ₹1 Crore | 0.0000% | −25.69% | 1.65% | −0.18 | #8641 | - CAGR (7-year): exports -19.35%/yr, imports 35.65%/yr (consistently Deficit) ## Key trade insights: HSN Code 50050022 export-import analysis ### Export decline: -19.35% CAGR over 7 years India's exports under HSN Code 50050022 have declined at a compound annual rate of -19.35% over 7 fiscal years, falling from ₹2.29 Crore in FY 2018-19 to ₹0.63 Crore in FY 2024-25. ### HSN Code 50050022 ranked #8641 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50050022 ranks #8641 out of 12657 HSN codes by total export value. Within Sub-Chapter 5005, it ranks #4 of 4. By trade surplus, it ranks #7455 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 50050022 exports The strongest single-year export movement for HSN Code 50050022 was recorded in FY 2023-24, when exports surged by 1,737.50% over the prior year. ### India records a trade deficit of ₹0.18 Crore in HSN Code 50050022 goods In FY 2024-25, India's imports of ₹0.81 Cr exceeded exports of ₹0.63 Cr, resulting in a trade deficit of ₹0.18 Crore — ranking #7455 of 12657 by surplus magnitude. ### Import growth of 35.65% CAGR signals rising demand for Yarn spun from silk waste, not put up for retail sale : From noil silk India's imports under HSN Code 50050022 have grown at 35.65% CAGR, reaching ₹0.81 Crore in FY 2024-25. ### HSN Code 50050022 contributes 3.14% of Sub-Chapter 5005 exports — ranked #4 Among the 4 HSN codes under Sub-Chapter 5005, HSN Code 50050022 ranks #4 by export value — accounting for 3.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.65% share (rank #2). ## 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](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 (this hsn code) | < ₹1 Crore |