HSN Code 51031090: Noils of wool or of fine animal hair : Other0

HSN Code 51031090 represents Noils of wool or of fine animal hair : Other0 under GST classification. This code helps businesses identify Noils of wool or of fine animal hair : Other0 correctly for billing, taxation, and trade. With HSN Code 51031090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Noils of wool or of fine animal hair : Other0.

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Description of Goods for HSN Code 51031090

HSN Code 51031090 relates to the following description.

Description of Goods

Noils of wool or of fine animal hair : Other

Chapter

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

Sub Chapter

5103 - Waste of wool or of fine or coarse animal hair, including yarn waste but excluding garnetted stock

CGST

0%

SGST

0%

IGST

0%

CESS

0%

What does HSN Code 51031090 not include?

Noils of wool or of fine animal hair : Other0 does not include products with the following descriptions.

HSN Code 51032010

Other waste of wool or of fine animal hair : Waste of sheep's and lamb's wool

India’s Trade Performance — HSN Code 51031090 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

₹1 Cr

−28.97% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4545 of 12657 HSN codes

% of Sub-Chapter 5103

FY 2024-25

5.26%

Share of Sub-Chapter 5103’s total exports in FY 2024-25

Import side: 3.70% of Sub-Chapter 5103’s imports

Rank Within Sub-Chapter 5103

FY 2024-25

#2 of 6

Position by export value among HSN codes in Sub-Chapter 5103

Import-side rank: #3 of 6

At a glance

−31.13%

Export CAGR

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

#8224

National Export Rank

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

+81.20%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.26%

Contribution to Sub-Ch. 5103

Share of Sub-Chapter 5103 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 51031090

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 #5024

Balance

+9.65

Exports

9.65 ₹ Cr

0.0004% share

— YoY

10.15% of Sub-Ch. 5103

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5103

FY 2019-20 Exp. Rank #5539

Balance

+6.37

Exports

6.48 ₹ Cr

0.0003% share

−32.85% YoY

12.66% of Sub-Ch. 5103

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.03% of Sub-Ch. 5103

FY 2020-21 Exp. Rank #7398

Balance

+1.33

Exports

1.33 ₹ Cr

0.0001% share

−79.48% YoY

7.05% of Sub-Ch. 5103

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5103

FY 2021-22 Exp. Rank #7131

Balance

+2.41

Exports

2.41 ₹ Cr

0.0001% share

+81.20% YoY

5.73% of Sub-Ch. 5103

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5103

FY 2022-23 Exp. Rank #7303

Balance

+2.26

Exports

2.26 ₹ Cr

0.0001% share

−6.22% YoY

4.23% of Sub-Ch. 5103

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5103

FY 2023-24 Exp. Rank #7893

Balance

+1.45

Exports

1.45 ₹ Cr

0.0000% share

−35.84% YoY

5.28% of Sub-Ch. 5103

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5103

FY 2024-25 Exp. Rank #8224

Balance

+0.95

Exports

1.03 ₹ Cr

0.0000% share

−28.97% YoY

5.26% of Sub-Ch. 5103

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

3.70% of Sub-Ch. 5103

CAGR · 7-Year

Exports

−31.13% /yr

Imports

—

Consistently Surplus
Sub-Chapter 5103 total

reference, FY 2024-25

Export

₹19.59 Cr

Import

₹2.16 Cr

Trade Balance

+17.43

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

Key Trade Insights: HSN Code 51031090 Export-Import Analysis

Export Decline: −31.13% CAGR Over 7 Years

India's exports under HSN Code 51031090 have declined at a compound annual rate of −31.13% over 7 fiscal years, falling from ₹9.65 Crore in FY 2018-19 to ₹1.03 Crore in FY 2024-25.

HSN Code 51031090 Ranked #8224 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 51031090 ranks #8224 out of 12657 HSN codes by total export value. Within Sub-Chapter 5103, it ranks #2 of 6. By trade surplus, it ranks #4545 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 51031090 Exports

The strongest single-year export movement for HSN Code 51031090 was recorded in FY 2021-22, when exports surged by 81.20% over the prior year.

India Maintains a Trade Surplus of ₹0.95 Crore in HSN Code 51031090 Goods

In FY 2024-25, India's exports of ₹1.03 Cr exceeded imports of ₹0.08 Cr, resulting in a trade surplus of ₹0.95 Crore — ranking #4545 of 12657 by surplus magnitude.

HSN Code 51031090 Contributes 5.26% of Sub-Chapter 5103 Exports — Ranked #2

Among the 6 HSN codes under Sub-Chapter 5103, HSN Code 51031090 ranks #2 by export value — accounting for 5.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.70% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 51031090 and GST compliance.

What products are classified under HSN 51031090 ?

It includes Yarn waste of wool or fine animal hair

Does packaging or labelling change the GST for Noils of wool or of fine animal hair : Other0?

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.

Can we claim ITC on inputs used to trade Noils of wool or of fine animal hair : Other0?

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 Noils of wool or of fine animal hair : Other0?

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 much GST applies to Noils of wool or of fine animal hair : Other0?

Under HSN 51031090, Noils of wool or of fine animal hair : Other0 attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Noils of wool or of fine animal hair : Other0?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Noils of wool or of fine animal hair : Other0 is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Noils of wool or of fine animal hair : Other0; Nil for exempt items if applicable).

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.