--- title: "HSN Code for Other Silk Yarn (Non-Retail) | HSN 50060019 GST Rate" description: "Find HSN and GST Rates for 50060019 related to Other Silk Yarn (Non-Retail) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50060019/" --- # HSN Code 50060019: Other Silk Yarn (Non-Retail) - [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 : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50060019 ? It includes Other Silk Waste Yarn (>85% Silk) ### How much GST applies to Other Silk Yarn (Non-Retail)? Under HSN 50060019, Other Silk Yarn (Non-Retail) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Other Silk Yarn (Non-Retail)? 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 Other Silk Yarn (Non-Retail) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Silk Yarn (Non-Retail); Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other Silk Yarn (Non-Retail)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Other Silk Yarn (Non-Retail)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 50060019 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−3.85% YoY) — 0.0000% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5026 of 12657 HSN codes - Share of Sub-Chapter 5006: 3.54% of its exports; import side 0.00% - Rank within Sub-Chapter 5006: #5 of 9 by export value ### Key metrics - Export CAGR: -25.48% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9301 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +202.48% in FY 2022-23 - Contribution to Sub-Ch. 5006: 3.54% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50060019 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 | 1.46 | 0.0001% | — | 23.78% | < ₹1 Crore | 0.0000% | — | 0.40% | +1.43 | #7269 | | FY 2019-20 | 2.09 | 0.0001% | +43.15% | 50.24% | Nil | 0.0000% | −100.00% | 0.00% | +2.09 | #6881 | | FY 2020-21 | 3.35 | 0.0002% | +60.29% | 60.14% | Nil | 0.0000% | — | 0.00% | +3.35 | #6426 | | FY 2021-22 | 1.61 | 0.0001% | −51.94% | 33.61% | Nil | 0.0000% | — | 0.00% | +1.61 | #7555 | | FY 2022-23 | 4.87 | 0.0001% | +202.48% | 66.17% | Nil | 0.0000% | — | 0.00% | +4.87 | #6485 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −94.66% | 5.08% | < ₹1 Crore | 0.0000% | — | 0.17% | +0.24 | #9282 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −3.85% | 3.54% | Nil | 0.0000% | −100.00% | 0.00% | +0.25 | #9301 | - CAGR (7-year): exports -25.48%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 50060019 export-import analysis ### Export decline: -25.48% CAGR over 7 years India's exports under HSN Code 50060019 have declined at a compound annual rate of -25.48% over 7 fiscal years, falling from ₹1.46 Crore in FY 2018-19 to ₹0.25 Crore in FY 2024-25. ### HSN Code 50060019 ranked #9301 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50060019 ranks #9301 out of 12657 HSN codes by total export value. Within Sub-Chapter 5006, it ranks #5 of 9. By trade surplus, it ranks #5026 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 50060019 exports The strongest single-year export movement for HSN Code 50060019 was recorded in FY 2022-23, when exports surged by 202.48% over the prior year. ### India maintains a trade surplus of ₹0.25 Crore in HSN Code 50060019 goods In FY 2024-25, India's exports of ₹0.25 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.25 Crore — ranking #5026 of 12657 by surplus magnitude. ### HSN Code 50060019 contributes 3.54% of Sub-Chapter 5006 exports — ranked #5 Among the 9 HSN codes under Sub-Chapter 5006, HSN Code 50060019 ranks #5 by export value — accounting for 3.54% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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](https://busy.in/hsn/hsn-50060011/) | ₹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) (this hsn code) | < ₹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 |