--- title: "HSN Code for Silk Embroidery Thread | HSN 50060011 GST Rate" description: "Find HSN and GST Rates for 50060011 related to Silk Embroidery Thread with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50060011/" --- # HSN Code 50060011: Silk Embroidery Thread - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 50: Silk](https://busy.in/hsn/chapter-50/) - [Sub-chapter 5006: Metal working machines](https://busy.in/hsn/sub-chapter-5006/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Silk embroidery thread | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50060011 ? It includes Silk Yarn (>85% Silk) ### Any common misclassification issue with Silk Embroidery Thread? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Silk Embroidery Thread? 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. ### Can we claim ITC on inputs used to trade Silk Embroidery Thread? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Silk Embroidery Thread? Under HSN 50060011, Silk Embroidery Thread attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Silk Embroidery Thread? 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 Embroidery Thread is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Embroidery Thread; Nil for exempt items if applicable). ## India's trade performance: HSN Code 50060011 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (+30.87% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹3 Cr (Surplus); surplus rank #4037 of 12657 HSN codes - Share of Sub-Chapter 5006: 42.57% of its exports; import side 0.10% - Rank within Sub-Chapter 5006: #1 of 9 by export value; import-side #3 ### Key metrics - Export CAGR: 59.91% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7194 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +22,900.00% in FY 2023-24 - Contribution to Sub-Ch. 5006: 42.57% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50060011 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. 5006 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5006 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 2.93% | Nil | 0.0000% | — | 0.00% | +0.18 | #8880 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +11.11% | 4.81% | < ₹1 Crore | 0.0000% | — | 0.11% | +0.19 | #8846 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +30.00% | 4.67% | Nil | 0.0000% | −100.00% | 0.00% | +0.26 | #8696 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −46.15% | 2.92% | Nil | 0.0000% | — | 0.00% | +0.14 | #9373 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −92.86% | 0.14% | < ₹1 Crore | 0.0000% | — | 0.55% | −0.05 | #10292 | | FY 2023-24 | 2.30 | 0.0001% | +22,900.00% | 44.92% | Nil | 0.0000% | −100.00% | 0.00% | +2.30 | #7434 | | FY 2024-25 | 3.01 | 0.0001% | +30.87% | 42.57% | < ₹1 Crore | 0.0000% | — | 0.10% | +3.00 | #7194 | - CAGR (7-year): exports 59.91%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 50060011 export-import analysis ### Consistent export growth: 59.91% CAGR over 7 years India's exports under HSN Code 50060011 have grown at a compound annual rate of 59.91% over 7 fiscal years, rising from ₹0.18 Crore in FY 2018-19 to ₹3.01 Crore in FY 2024-25. ### HSN Code 50060011 ranked #7194 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50060011 ranks #7194 out of 12657 HSN codes by total export value. Within Sub-Chapter 5006, it ranks #1 of 9. By trade surplus, it ranks #4037 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 50060011 exports The strongest single-year export movement for HSN Code 50060011 was recorded in FY 2023-24, when exports surged by 22,900.00% over the prior year. ### India maintains a trade surplus of ₹3.00 Crore in HSN Code 50060011 goods In FY 2024-25, India's exports of ₹3.01 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹3.00 Crore — ranking #4037 of 12657 by surplus magnitude. ### HSN Code 50060011 contributes 42.57% of Sub-Chapter 5006 exports — ranked #1 Among the 9 HSN codes under Sub-Chapter 5006, HSN Code 50060011 ranks #1 by export value — accounting for 42.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #3). ## Related HSN Codes in Sub-Chapter 5006 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 50060011: Silk Embroidery Thread (this hsn code) | ₹3 Cr | | #2 | [HSN Code 50060031: Silk Embroidery Thread (Silk Waste Yarn <=85%)](https://busy.in/hsn/hsn-50060031/) | ₹2 Cr | | #3 | [HSN Code 50060090: Other Silk Yarn & Gut (Retail)](https://busy.in/hsn/hsn-50060090/) | ₹1 Cr | | #4 | [HSN Code 50060032: Spun Silk Waste Yarn (excl. Noil)](https://busy.in/hsn/hsn-50060032/) | < ₹1 Crore | | #5 | [HSN Code 50060019: Other Silk Yarn (Non-Retail)](https://busy.in/hsn/hsn-50060019/) | < ₹1 Crore | | #6 | [HSN Code 50060029: Other Silk Waste Yarn (>85% Silk)](https://busy.in/hsn/hsn-50060029/) | < ₹1 Crore | | #6 | [HSN Code 50060033: Diatomite](https://busy.in/hsn/hsn-50060033/) | < ₹1 Crore | | — | [HSN Code 50060021: Silk Yarn (>85% Silk)](https://busy.in/hsn/hsn-50060021/) | Nil | | — | [HSN Code 50060039: Other Silk Waste Yarn (≤85% Silk)](https://busy.in/hsn/hsn-50060039/) | Nil |