HSN Code 51012900: Degreased, Not Carbonised – Other
HSN Code 51012900 represents Degreased, Not Carbonised – Other under GST classification. This code helps businesses identify Degreased, Not Carbonised – Other 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 Degreased, Not Carbonised – Other.
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Description of Goods for HSN Code 51012900
HSN Code 51012900 relates to the following description.
What does HSN Code 51012900 not include?
Degreased, Not Carbonised – Other does not include products with the following descriptions.
Greasy, including fleece-washed wool : Shorn wool
Greasy, including fleece-washed wool : Other
Degreased, not carbonised : Shorn wool
Carbonised
India’s Trade Performance — HSN Code 51012900 in FY 2024-25
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹535 Cr
0.0088% of India’s total imports
Trade Balance
FY 2024-25−₹534 Cr
Surplus rank #11943 of 12657 HSN codes
% of Sub-Chapter 5101
FY 2024-2534.13%
Share of Sub-Chapter 5101’s total exports in FY 2024-25
Import side: 30.74% of Sub-Chapter 5101’s imports
Rank Within Sub-Chapter 5101
FY 2024-25#2 of 5
Position by export value among HSN codes in Sub-Chapter 5101
Import-side rank: #2 of 5
At a glance
−16.02%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8140
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+16,100.00%
Peak Growth Year
FY 2022-23 · strongest single-year move
34.13%
Contribution to Sub-Ch. 5101
Share of Sub-Chapter 5101 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
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
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
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
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
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
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
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
CAGR · 7-Year
Exports
−16.02% /yr
Imports
−1.43% /yr
reference, FY 2024-25
Export
₹3.34 Cr
Import
₹1,740.82 Cr
Trade Balance
−1,737.48
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).
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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 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.