HSN Code 50072010: Silk Sarees Containing 85% or More Silk

HSN Code 50072010 represents Silk Sarees Containing 85% or More Silk under GST classification. This code helps businesses identify Silk Sarees Containing 85% or More Silk correctly for billing, taxation, and trade. With HSN Code 50072010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Silk Sarees Containing 85% or More Silk.

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Description of Goods for HSN Code 50072010

HSN Code 50072010 relates to the following description.

Description of Goods

Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Sarees

Chapter

50 - Silk

Sub Chapter

5007 - Woven fabrics of silk or of silk waste

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 50072010 not include?

Silk Sarees Containing 85% or More Silk does not include products with the following descriptions.

HSN Code 50072090

Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Other

India’s Trade Performance — HSN Code 50072010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹80 Cr

+16.22% vs FY 2023-24

0.0022% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+98.68% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹78 Cr

Trade Surplus

Surplus rank #1784 of 12657 HSN codes

% of Sub-Chapter 5007

FY 2024-25

7.66%

Share of Sub-Chapter 5007’s total exports in FY 2024-25

Import side: 0.51% of Sub-Chapter 5007’s imports

Rank Within Sub-Chapter 5007

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 5007

Import-side rank: #3 of 5

At a glance

1.34%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#2973

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+93.14%

Peak Growth Year

FY 2021-22 · strongest single-year move

7.66%

Contribution to Sub-Ch. 5007

Share of Sub-Chapter 5007 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #2354

Balance

+73.33

Exports

73.75 ₹ Cr

0.0032% share

— YoY

16.86% of Sub-Ch. 5007

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.19% of Sub-Ch. 5007

FY 2019-20 Exp. Rank #2379

Balance

+71.85

Exports

73.63 ₹ Cr

0.0033% share

−0.16% YoY

15.33% of Sub-Ch. 5007

Imports

1.78 ₹ Cr

0.0001% share

+323.81% YoY

0.81% of Sub-Ch. 5007

FY 2020-21 Exp. Rank #3133

Balance

+43.13

Exports

43.29 ₹ Cr

0.0020% share

−41.21% YoY

10.66% of Sub-Ch. 5007

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.01% YoY

0.16% of Sub-Ch. 5007

FY 2021-22 Exp. Rank #2653

Balance

+83.44

Exports

83.61 ₹ Cr

0.0027% share

+93.14% YoY

13.81% of Sub-Ch. 5007

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+6.25% YoY

0.09% of Sub-Ch. 5007

FY 2022-23 Exp. Rank #2743

Balance

+86.41

Exports

86.57 ₹ Cr

0.0024% share

+3.54% YoY

14.57% of Sub-Ch. 5007

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−5.88% YoY

0.06% of Sub-Ch. 5007

FY 2023-24 Exp. Rank #3102

Balance

+67.97

Exports

68.73 ₹ Cr

0.0019% share

−20.61% YoY

10.42% of Sub-Ch. 5007

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+375.00% YoY

0.27% of Sub-Ch. 5007

FY 2024-25 Exp. Rank #2973

Balance

+78.37

Exports

79.88 ₹ Cr

0.0022% share

+16.22% YoY

7.66% of Sub-Ch. 5007

Imports

1.51 ₹ Cr

0.0000% share

+98.68% YoY

0.51% of Sub-Ch. 5007

CAGR · 7-Year

Exports

1.34% /yr

Imports

23.77% /yr

Consistently Surplus
Sub-Chapter 5007 total

reference, FY 2024-25

Export

₹1,042.99 Cr

Import

₹294.69 Cr

Trade Balance

+748.30

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 50072010 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.