--- title: "HSN Code for Other Silk Yarn & Gut (Retail) | HSN 50060090 GST Rate" description: "Find HSN and GST Rates for 50060090 related to Other Silk Yarn & Gut (Retail) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50060090/" --- # HSN Code 50060090: Other Silk Yarn & Gut (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 : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50060090 ? It includes Silk Sarees Containing 85% or More Silk ### Can we claim ITC on inputs used to trade Other Silk Yarn & Gut (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 & Gut (Retail)? 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 Other Silk Yarn & Gut (Retail)? 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. ### Does packaging or labelling change the GST for Other Silk Yarn & Gut (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 much GST applies to Other Silk Yarn & Gut (Retail)? Under HSN 50060090, Other Silk Yarn & Gut (Retail) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Other Silk Yarn & Gut (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 & Gut (Retail); Nil for exempt items if applicable). ## India's trade performance: HSN Code 50060090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (+16.82% YoY) — 0.0000% of India's total exports - Imports: ₹9 Cr (−23.10% YoY) — 0.0001% of India's total imports - Trade balance: −₹8 Cr (Deficit); surplus rank #8895 of 12657 HSN codes - Share of Sub-Chapter 5006: 17.68% of its exports; import side 92.51% - Rank within Sub-Chapter 5006: #3 of 9 by export value; import-side #1 ### Key metrics - Export CAGR: -17.89% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8039 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +16.82% in FY 2024-25 - Contribution to Sub-Ch. 5006: 17.68% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50060090 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 | 4.08 | 0.0002% | — | 66.45% | 6.60 | 0.0002% | — | 87.42% | −2.52 | #6111 | | FY 2019-20 | 1.29 | 0.0001% | −68.38% | 31.01% | 9.02 | 0.0003% | +36.67% | 99.12% | −7.73 | #7364 | | FY 2020-21 | 1.37 | 0.0001% | +6.20% | 24.60% | < ₹1 Crore | 0.0000% | −90.69% | 82.35% | +0.53 | #7371 | | FY 2021-22 | 1.42 | 0.0000% | +3.65% | 29.65% | 4.09 | 0.0001% | +386.90% | 100.00% | −2.67 | #7670 | | FY 2022-23 | 1.36 | 0.0000% | −4.23% | 18.48% | 10.79 | 0.0002% | +163.81% | 98.90% | −9.43 | #7831 | | FY 2023-24 | 1.07 | 0.0000% | −21.32% | 20.90% | 11.73 | 0.0002% | +8.71% | 98.74% | −10.66 | #8187 | | FY 2024-25 | 1.25 | 0.0000% | +16.82% | 17.68% | 9.02 | 0.0001% | −23.10% | 92.51% | −7.77 | #8039 | - CAGR (7-year): exports -17.89%/yr, imports 5.34%/yr (consistently Deficit) ## Key trade insights: HSN Code 50060090 export-import analysis ### Export decline: -17.89% CAGR over 7 years India's exports under HSN Code 50060090 have declined at a compound annual rate of -17.89% over 7 fiscal years, falling from ₹4.08 Crore in FY 2018-19 to ₹1.25 Crore in FY 2024-25. ### HSN Code 50060090 ranked #8039 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50060090 ranks #8039 out of 12657 HSN codes by total export value. Within Sub-Chapter 5006, it ranks #3 of 9. By trade surplus, it ranks #8895 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 50060090 exports The strongest single-year export movement for HSN Code 50060090 was recorded in FY 2024-25, when exports surged by 16.82% over the prior year. ### India records a trade deficit of ₹7.77 Crore in HSN Code 50060090 goods In FY 2024-25, India's imports of ₹9.02 Cr exceeded exports of ₹1.25 Cr, resulting in a trade deficit of ₹7.77 Crore — ranking #8895 of 12657 by surplus magnitude. ### Import growth of 5.34% CAGR signals stable import dependency for Other Silk Yarn & Gut (Retail) India's imports under HSN Code 50060090 have grown at 5.34% CAGR, reaching ₹9.02 Crore in FY 2024-25. ### HSN Code 50060090 contributes 17.68% of Sub-Chapter 5006 exports — ranked #3 Among the 9 HSN codes under Sub-Chapter 5006, HSN Code 50060090 ranks #3 by export value — accounting for 17.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 92.51% share (rank #1). ## 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) (this hsn code) | ₹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 |