HSN Code 50060011: Silk Embroidery Thread
HSN Code 50060011 represents Silk Embroidery Thread under GST classification. This code helps businesses identify Silk Embroidery Thread correctly for billing, taxation, and trade. With HSN Code 50060011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Silk Embroidery Thread.
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Description of Goods for HSN Code 50060011
HSN Code 50060011 relates to the following description.
What does HSN Code 50060011 not include?
Silk Embroidery Thread does not include products with the following descriptions.
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk :
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Spun from silk waste other than noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Yarn spun from noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Silk embroidery thread
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Silk yarn : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk :
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or more by weight of silk : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Spun from silk waste other than noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Yarn spun from noil silk
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Silk embroidery thread
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Yarn spun from silk waste containing 85% or less by weight of silk : Other
Silk yarn and yarn spun from silk waste, put up for retail sale; silk worm gut : Other
India’s Trade Performance — HSN Code 50060011 in FY 2024-25
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹3 Cr
Surplus rank #4037 of 12657 HSN codes
% of Sub-Chapter 5006
FY 2024-2542.57%
Share of Sub-Chapter 5006’s total exports in FY 2024-25
Import side: 0.10% of Sub-Chapter 5006’s imports
Rank Within Sub-Chapter 5006
FY 2024-25#1 of 9
Position by export value among HSN codes in Sub-Chapter 5006
Import-side rank: #3 of 9
At a glance
59.91%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7194
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+22,900.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
42.57%
Contribution to Sub-Ch. 5006
Share of Sub-Chapter 5006 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+0.18
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
2.93% of Sub-Ch. 5006
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5006
Balance
+0.19
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+11.11% YoY
4.81% of Sub-Ch. 5006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.11% of Sub-Ch. 5006
Balance
+0.26
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+30.00% YoY
4.67% of Sub-Ch. 5006
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5006
Balance
+0.14
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−46.15% YoY
2.92% of Sub-Ch. 5006
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5006
Balance
−0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−92.86% YoY
0.14% of Sub-Ch. 5006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.55% of Sub-Ch. 5006
Balance
+2.30
Exports
2.30 ₹ Cr
0.0001% share
+22,900.00% YoY
44.92% of Sub-Ch. 5006
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5006
Balance
+3.00
Exports
3.01 ₹ Cr
0.0001% share
+30.87% YoY
42.57% of Sub-Ch. 5006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.10% of Sub-Ch. 5006
CAGR · 7-Year
Exports
59.91% /yr
Imports
—
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 50060011 and GST compliance.
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).