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HSN Code 51012900: Other Degreased Wool, Not Carbonised

HSN Code 51012900 represents Other Degreased Wool, Not Carbonised under GST classification. This code helps businesses identify Other Degreased Wool, Not Carbonised correctly for billing, taxation, and trade. With HSN Code 51012900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Degreased Wool, Not Carbonised.

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Description of Goods for HSN Code 51012900

HSN Code 51012900 relates to the following description.

Description of Goods

Degreased, not carbonised : Other

Chapter

51 - Wool, fine or coarse animal hair; horsehair yarn and woven fabric

Sub Chapter

5101 - Wool, not carded or combed

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 51012900 not include?

Other Degreased Wool, Not Carbonised does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 51012900 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹2 Cr

+78.07% vs FY 2024-25

0.0001% of India’s total exports

India’s Imports

FY 2025-26

₹639 Cr

+19.38% vs FY 2024-25

0.0093% of India’s total imports

Trade Balance

FY 2025-26

−₹637 Cr

Trade Deficit

Surplus rank #12109 of 12872 HSN codes

% of Sub-Chapter 5101

FY 2025-26

34.06%

Share of Sub-Chapter 5101’s total exports in FY 2025-26

Import side: 31.37% of Sub-Chapter 5101’s imports

Rank Within Sub-Chapter 5101

FY 2025-26

#2 of 5

Position by export value among HSN codes in Sub-Chapter 5101

Import-side rank: #2 of 5

At a glance

−6.50%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#7738

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+16,100.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

34.06%

Contribution to Sub-Ch. 5101

Share of Sub-Chapter 5101 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 51012900

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6380

Balance

−580.22

Exports

3.25 ₹ Cr

0.0001% share

— YoY

40.93% of Sub-Ch. 5101

Imports

583.47 ₹ Cr

0.0163% share

— YoY

27.02% of Sub-Ch. 5101

FY 2019-20 Exp. Rank #8506

Balance

−404.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−89.85% YoY

52.38% of Sub-Ch. 5101

Imports

404.72 ₹ Cr

0.0121% share

−30.64% YoY

25.40% of Sub-Ch. 5101

FY 2020-21 Exp. Rank #9183

Balance

−340.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

16.18% of Sub-Ch. 5101

Imports

340.53 ₹ Cr

0.0117% share

−15.86% YoY

34.22% of Sub-Ch. 5101

FY 2021-22 Exp. Rank #10058

Balance

−445.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−81.82% YoY

2.27% of Sub-Ch. 5101

Imports

445.22 ₹ Cr

0.0097% share

+30.74% YoY

26.81% of Sub-Ch. 5101

FY 2022-23 Exp. Rank #6919

Balance

−448.69

Exports

3.24 ₹ Cr

0.0001% share

+16,100.00% YoY

80.80% of Sub-Ch. 5101

Imports

451.93 ₹ Cr

0.0079% share

+1.51% YoY

24.24% of Sub-Ch. 5101

FY 2023-24 Exp. Rank #6579

Balance

−528.40

Exports

5.03 ₹ Cr

0.0001% share

+55.25% YoY

91.45% of Sub-Ch. 5101

Imports

533.43 ₹ Cr

0.0095% share

+18.03% YoY

29.66% of Sub-Ch. 5101

FY 2024-25 Exp. Rank #8140

Balance

−533.99

Exports

1.14 ₹ Cr

0.0000% share

−77.34% YoY

34.13% of Sub-Ch. 5101

Imports

535.13 ₹ Cr

0.0088% share

+0.32% YoY

30.74% of Sub-Ch. 5101

FY 2025-26 Exp. Rank #7738

Balance

−636.83

Exports

2.03 ₹ Cr

0.0001% share

+78.07% YoY

34.06% of Sub-Ch. 5101

Imports

638.86 ₹ Cr

0.0093% share

+19.38% YoY

31.37% of Sub-Ch. 5101

CAGR · 8-Year

Exports

−6.50% /yr

Imports

1.30% /yr

Consistently Deficit
Sub-Chapter 5101 total

reference, FY 2025-26

Export

₹5.96 Cr

Import

₹2,036.56 Cr

Trade Balance

−2,030.60

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

Key Trade Insights: HSN Code 51012900 Export-Import Analysis

Export Decline: −6.50% CAGR Over 8 Years

India's exports under HSN Code 51012900 have declined at a compound annual rate of −6.50% over 8 fiscal years, falling from ₹3.25 Crore in FY 2018-19 to ₹2.03 Crore in FY 2025-26.

HSN Code 51012900 Ranked #7738 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 51012900 ranks #7738 out of 12872 HSN codes by total export value. Within Sub-Chapter 5101, it ranks #2 of 5. By trade surplus, it ranks #12109 of 12872.

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 ₹636.83 Crore in HSN Code 51012900 Goods

In FY 2025-26, India's imports of ₹638.86 Cr exceeded exports of ₹2.03 Cr, resulting in a trade deficit of ₹636.83 Crore — ranking #12109 of 12872 by surplus magnitude.

Import Growth of 1.30% CAGR Signals Stable Import Dependency for Other Degreased Wool, Not Carbonised

India's imports under HSN Code 51012900 have grown at 1.30% CAGR, reaching ₹638.86 Crore in FY 2025-26.

HSN Code 51012900 Contributes 34.06% 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 34.06% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 31.37% share (rank #2).

Frequently Asked Questions

Clear answers to common queries about HSN Code 51012900 and GST compliance.

What products are classified under HSN 51012900 ?

It includes Marine Angora: Fine Kashmir goat hair

Can we claim ITC on inputs used to trade Other Degreased Wool, Not Carbonised?

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 Degreased Wool, Not Carbonised?

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 Other Degreased Wool, Not Carbonised is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Degreased Wool, Not Carbonised; Nil for exempt items if applicable).

Any common misclassification issue with Other Degreased Wool, Not Carbonised?

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 Other Degreased Wool, Not Carbonised?

Under HSN 51012900, Other Degreased Wool, Not Carbonised attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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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.