--- title: "HSN Code for Silk Sarees Containing 85% or More Silk | HSN 50072010 GST Rate" description: "Find HSN and GST Rates for 50072010 related to Silk Sarees Containing 85% or More Silk with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-50072010/" --- # HSN Code 50072010: Silk Sarees Containing 85% or More 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 5007: Woven fabrics of silk or silk waste](https://busy.in/hsn/sub-chapter-5007/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Sarees | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 50072010 ? It includes Other | Of Handloom Woven ### Any common misclassification issue with Silk Sarees Containing 85% or More Silk? 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 Sarees Containing 85% or More 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. ### How should mixed supplies be billed when Silk Sarees Containing 85% or More Silk is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Sarees Containing 85% or More Silk; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Silk Sarees Containing 85% or More 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. ### How much GST applies to Silk Sarees Containing 85% or More Silk? Under HSN 50072010, Silk Sarees Containing 85% or More Silk attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Silk Sarees Containing 85% or More Silk? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 50072010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹80 Cr (+16.22% YoY) — 0.0022% of India's total exports - Imports: ₹2 Cr (+98.68% YoY) — 0.0000% of India's total imports - Trade balance: ₹78 Cr (Surplus); surplus rank #1784 of 12657 HSN codes - Share of Sub-Chapter 5007: 7.66% of its exports; import side 0.51% - Rank within Sub-Chapter 5007: #2 of 5 by export value; import-side #3 ### Key metrics - Export CAGR: 1.34% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2973 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +93.14% in FY 2021-22 - Contribution to Sub-Ch. 5007: 7.66% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 50072010 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. 5007 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5007 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 73.75 | 0.0032% | — | 16.86% | < ₹1 Crore | 0.0000% | — | 0.19% | +73.33 | #2354 | | FY 2019-20 | 73.63 | 0.0033% | −0.16% | 15.33% | 1.78 | 0.0001% | +323.81% | 0.81% | +71.85 | #2379 | | FY 2020-21 | 43.29 | 0.0020% | −41.21% | 10.66% | < ₹1 Crore | 0.0000% | −91.01% | 0.16% | +43.13 | #3133 | | FY 2021-22 | 83.61 | 0.0027% | +93.14% | 13.81% | < ₹1 Crore | 0.0000% | +6.25% | 0.09% | +83.44 | #2653 | | FY 2022-23 | 86.57 | 0.0024% | +3.54% | 14.57% | < ₹1 Crore | 0.0000% | −5.88% | 0.06% | +86.41 | #2743 | | FY 2023-24 | 68.73 | 0.0019% | −20.61% | 10.42% | < ₹1 Crore | 0.0000% | +375.00% | 0.27% | +67.97 | #3102 | | FY 2024-25 | 79.88 | 0.0022% | +16.22% | 7.66% | 1.51 | 0.0000% | +98.68% | 0.51% | +78.37 | #2973 | - CAGR (7-year): exports 1.34%/yr, imports 23.77%/yr (consistently Surplus) ## Key trade insights: HSN Code 50072010 export-import analysis ### Consistent export growth: 1.34% CAGR over 7 years India's exports under HSN Code 50072010 have grown at a compound annual rate of 1.34% over 7 fiscal years, rising from ₹73.75 Crore in FY 2018-19 to ₹79.88 Crore in FY 2024-25. ### HSN Code 50072010 ranked #2973 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 50072010 ranks #2973 out of 12657 HSN codes by total export value. Within Sub-Chapter 5007, it ranks #2 of 5. By trade surplus, it ranks #1784 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 50072010 exports The strongest single-year export movement for HSN Code 50072010 was recorded in FY 2021-22, when exports surged by 93.14% over the prior year. ### India maintains a trade surplus of ₹78.37 Crore in HSN Code 50072010 goods In FY 2024-25, India's exports of ₹79.88 Cr exceeded imports of ₹1.51 Cr, resulting in a trade surplus of ₹78.37 Crore — ranking #1784 of 12657 by surplus magnitude. ### Import growth of 23.77% CAGR signals rising demand for Silk Sarees Containing 85% or More Silk India's imports under HSN Code 50072010 have grown at 23.77% CAGR, reaching ₹1.51 Crore in FY 2024-25. ### HSN Code 50072010 contributes 7.66% of Sub-Chapter 5007 exports — ranked #2 Among the 5 HSN codes under Sub-Chapter 5007, HSN Code 50072010 ranks #2 by export value — accounting for 7.66% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.51% share (rank #3). ## Related HSN Codes in Sub-Chapter 5007 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 50072090: Other Fabrics Containing 85% or More Silk](https://busy.in/hsn/hsn-50072090/) | ₹887 Cr | | #2 | HSN Code 50072010: Silk Sarees Containing 85% or More Silk (this hsn code) | ₹80 Cr | | #3 | [HSN Code 50079090: Other \| Other Fabrics](https://busy.in/hsn/hsn-50079090/) | ₹44 Cr | | #4 | [HSN Code 50079010: Other \| Of Handloom Woven](https://busy.in/hsn/hsn-50079010/) | ₹23 Cr | | #5 | [HSN Code 50071000: Noil Silk Fabrics](https://busy.in/hsn/hsn-50071000/) | ₹9 Cr |