HSN Code 50079010: Other | Of Handloom Woven
HSN Code 50079010 represents Other | Of Handloom Woven under GST classification. This code helps businesses identify Other | Of Handloom Woven correctly for billing, taxation, and trade. With HSN Code 50079010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Of Handloom Woven.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 50079010
HSN Code 50079010 relates to the following description.
What does HSN Code 50079010 not include?
Other | Of Handloom Woven does not include products with the following descriptions.
Fabrics of noil silk
Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Sarees
Other fabrics, containing 85% or more by weight of silk or of silk waste other than noil silk : Other
Other : Other fabrics
India’s Trade Performance — HSN Code 50079010 in FY 2024-25
India’s Exports
FY 2024-25₹23 Cr
0.0006% 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₹23 Cr
Surplus rank #2717 of 12657 HSN codes
% of Sub-Chapter 5007
FY 2024-252.25%
Share of Sub-Chapter 5007’s total exports in FY 2024-25
Import side: 0.04% of Sub-Chapter 5007’s imports
Rank Within Sub-Chapter 5007
FY 2024-25#4 of 5
Position by export value among HSN codes in Sub-Chapter 5007
Import-side rank: #4 of 5
At a glance
−17.33%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4652
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+31.15%
Peak Growth Year
FY 2019-20 · strongest single-year move
2.25%
Contribution to Sub-Ch. 5007
Share of Sub-Chapter 5007 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 50079010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+72.93
Exports
73.48 ₹ Cr
0.0032% share
— YoY
16.80% of Sub-Ch. 5007
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.24% of Sub-Ch. 5007
Balance
+95.98
Exports
96.37 ₹ Cr
0.0044% share
+31.15% YoY
20.06% of Sub-Ch. 5007
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−29.09% YoY
0.18% of Sub-Ch. 5007
Balance
+62.15
Exports
62.15 ₹ Cr
0.0029% share
−35.51% YoY
15.30% of Sub-Ch. 5007
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5007
Balance
+68.06
Exports
68.07 ₹ Cr
0.0022% share
+9.53% YoY
11.24% of Sub-Ch. 5007
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 5007
Balance
+71.92
Exports
71.95 ₹ Cr
0.0020% share
+5.70% YoY
12.11% of Sub-Ch. 5007
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+200.00% YoY
0.01% of Sub-Ch. 5007
Balance
+57.71
Exports
57.71 ₹ Cr
0.0016% share
−19.79% YoY
8.75% of Sub-Ch. 5007
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5007
Balance
+23.33
Exports
23.46 ₹ Cr
0.0006% share
−59.35% YoY
2.25% of Sub-Ch. 5007
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 5007
CAGR · 7-Year
Exports
−17.33% /yr
Imports
−21.37% /yr
reference, FY 2024-25
Export
₹1,042.99 Cr
Import
₹294.69 Cr
Trade Balance
+748.30
Key Trade Insights: HSN Code 50079010 Export-Import Analysis
Export Decline: −17.33% CAGR Over 7 Years
India's exports under HSN Code 50079010 have declined at a compound annual rate of −17.33% over 7 fiscal years, falling from ₹73.48 Crore in FY 2018-19 to ₹23.46 Crore in FY 2024-25.
HSN Code 50079010 Ranked #4652 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 50079010 ranks #4652 out of 12657 HSN codes by total export value. Within Sub-Chapter 5007, it ranks #4 of 5. By trade surplus, it ranks #2717 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 50079010 Exports
The strongest single-year export movement for HSN Code 50079010 was recorded in FY 2019-20, when exports surged by 31.15% over the prior year.
India Maintains a Trade Surplus of ₹23.33 Crore in HSN Code 50079010 Goods
In FY 2024-25, India's exports of ₹23.46 Cr exceeded imports of ₹0.13 Cr, resulting in a trade surplus of ₹23.33 Crore — ranking #2717 of 12657 by surplus magnitude.
Import Growth of −21.37% CAGR Signals Stable Import Dependency for Other | Of Handloom Woven
India's imports under HSN Code 50079010 have grown at −21.37% CAGR, reaching ₹0.13 Crore in FY 2024-25.
HSN Code 50079010 Contributes 2.25% of Sub-Chapter 5007 Exports — Ranked #4
Among the 5 HSN codes under Sub-Chapter 5007, HSN Code 50079010 ranks #4 by export value — accounting for 2.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #4).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 50079010 and GST compliance.
What products are classified under HSN 50079010 ?
It includes Greasy fleece-washed wool – Shorn
Can we claim ITC on inputs used to trade Other / Of Handloom Woven?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Do e‑way bill and e‑invoice apply for Other / Of Handloom Woven?
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 / Of Handloom Woven?
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 / Of Handloom Woven?
Under HSN 50079010, Other / Of Handloom Woven attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Other / Of Handloom Woven?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.