--- title: "HSN Code for Degreased, Not Carbonised – Other | HSN 51012900 GST Rate" description: "Find HSN and GST Rates for 51012900 related to Degreased, Not Carbonised – Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-51012900/" --- # HSN Code 51012900: Degreased, Not Carbonised – Other - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 51: Wool, fine or coarse animal hair; horsehair yarn and woven fabric](https://busy.in/hsn/chapter-51/) - [Sub-chapter 5101: Wool, combed or not](https://busy.in/hsn/sub-chapter-5101/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Degreased, not carbonised : Other | 0% | 0% | 0% | 0% | ## Frequently asked questions ### What products are classified under HSN 51012900 ? It includes Marine Angora: Fine Kashmir goat hair ### Can we claim ITC on inputs used to trade Degreased, Not Carbonised – Other? 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 Degreased, Not Carbonised – Other? 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 Degreased, Not Carbonised – Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Degreased, Not Carbonised – Other; Nil for exempt items if applicable). ### Any common misclassification issue with Degreased, Not Carbonised – Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Degreased, Not Carbonised – Other? Under HSN 51012900, Degreased, Not Carbonised – Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 51012900 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (−77.34% YoY) — 0.0000% of India's total exports - Imports: ₹535 Cr (+0.32% YoY) — 0.0088% of India's total imports - Trade balance: −₹534 Cr (Deficit); surplus rank #11943 of 12657 HSN codes - Share of Sub-Chapter 5101: 34.13% of its exports; import side 30.74% - Rank within Sub-Chapter 5101: #2 of 5 by export value; import-side #2 ### Key metrics - Export CAGR: -16.02% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8140 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +16,100.00% in FY 2022-23 - Contribution to Sub-Ch. 5101: 34.13% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 51012900 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. 5101 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5101 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 3.25 | 0.0001% | — | 40.93% | 583.47 | 0.0163% | — | 27.02% | −580.22 | #6380 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −89.85% | 52.38% | 404.72 | 0.0121% | −30.64% | 25.40% | −404.39 | #8506 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −66.67% | 16.18% | 340.53 | 0.0117% | −15.86% | 34.22% | −340.42 | #9183 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −81.82% | 2.27% | 445.22 | 0.0097% | +30.74% | 26.81% | −445.20 | #10058 | | FY 2022-23 | 3.24 | 0.0001% | +16,100.00% | 80.80% | 451.93 | 0.0079% | +1.51% | 24.24% | −448.69 | #6919 | | FY 2023-24 | 5.03 | 0.0001% | +55.25% | 91.45% | 533.43 | 0.0095% | +18.03% | 29.66% | −528.40 | #6579 | | FY 2024-25 | 1.14 | 0.0000% | −77.34% | 34.13% | 535.13 | 0.0088% | +0.32% | 30.74% | −533.99 | #8140 | - CAGR (7-year): exports -16.02%/yr, imports -1.43%/yr (consistently Deficit) ## Key trade insights: HSN Code 51012900 export-import analysis ### Export decline: -16.02% CAGR over 7 years India's exports under HSN Code 51012900 have declined at a compound annual rate of -16.02% over 7 fiscal years, falling from ₹3.25 Crore in FY 2018-19 to ₹1.14 Crore in FY 2024-25. ### HSN Code 51012900 ranked #8140 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 51012900 ranks #8140 out of 12657 HSN codes by total export value. Within Sub-Chapter 5101, it ranks #2 of 5. By trade surplus, it ranks #11943 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 51012900 exports The strongest single-year export movement for HSN Code 51012900 was recorded in FY 2022-23, when exports surged by 16,100.00% over the prior year. ### India records a trade deficit of ₹533.99 Crore in HSN Code 51012900 goods In FY 2024-25, India's imports of ₹535.13 Cr exceeded exports of ₹1.14 Cr, resulting in a trade deficit of ₹533.99 Crore — ranking #11943 of 12657 by surplus magnitude. ### Import growth of -1.43% CAGR signals stable import dependency for Degreased, Not Carbonised – Other India's imports under HSN Code 51012900 have grown at -1.43% CAGR, reaching ₹535.13 Crore in FY 2024-25. ### HSN Code 51012900 contributes 34.13% of Sub-Chapter 5101 exports — ranked #2 Among the 5 HSN codes under Sub-Chapter 5101, HSN Code 51012900 ranks #2 by export value — accounting for 34.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 30.74% share (rank #2). ## Related HSN Codes in Sub-Chapter 5101 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 51013000: Carbonised](https://busy.in/hsn/hsn-51013000/) | ₹2 Cr | | #2 | HSN Code 51012900: Degreased, Not Carbonised – Other (this hsn code) | ₹1 Cr | | #3 | [HSN Code 51012100: Degreased, Not Carbonised – Shorn Wool](https://busy.in/hsn/hsn-51012100/) | < ₹1 Crore | | #4 | [HSN Code 51011900: Greasy fleece-washed wool – Other](https://busy.in/hsn/hsn-51011900/) | < ₹1 Crore | | — | [HSN Code 51011100: Greasy fleece-washed wool – Shorn](https://busy.in/hsn/hsn-51011100/) | Nil |