HSN Code 51032020 represents Yarn waste of wool or fine animal hair under GST classification. This code helps businesses identify Yarn waste of wool or fine animal hair correctly for billing, taxation, and trade. With HSN Code 51032020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Yarn waste of wool or fine animal hair.
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 51032020 relates to the following description.
Description of Goods
Other waste of wool or of fine animal hair : Yarn waste
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%
Yarn waste of wool or fine animal hair does not include products with the following descriptions.
Noils of wool or of fine animal hair : Noils of wool
Noils of wool or of fine animal hair : Other
Other waste of wool or of fine animal hair : Waste of sheep's and lamb's wool
Other waste of wool or of fine animal hair : Other
Waste of coarse animal hair
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% 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−< ₹1 Crore
Surplus rank #7675 of 12657 HSN codes
% of Sub-Chapter 5103
FY 2024-250.66%
Share of Sub-Chapter 5103’s total exports in FY 2024-25
Import side: 27.31% of Sub-Chapter 5103’s imports
Rank Within Sub-Chapter 5103
FY 2024-25#5 of 6
Position by export value among HSN codes in Sub-Chapter 5103
Import-side rank: #2 of 6
At a glance
#9637
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+16.67%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.66%
Contribution to Sub-Ch. 5103
Share of Sub-Chapter 5103 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.80
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5103
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
2.09% of Sub-Ch. 5103
Balance
+0.06
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.12% of Sub-Ch. 5103
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5103
Balance
+0.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+16.67% YoY
0.37% of Sub-Ch. 5103
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5103
Balance
−0.25
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5103
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
48.08% of Sub-Ch. 5103
Balance
+0.76
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.42% of Sub-Ch. 5103
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5103
Balance
−0.93
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−82.89% YoY
0.47% of Sub-Ch. 5103
Imports
1.06 ₹ Cr
0.0000% share
— YoY
19.92% of Sub-Ch. 5103
Balance
−0.46
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.66% of Sub-Ch. 5103
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−44.34% YoY
27.31% of Sub-Ch. 5103
CAGR · 7-Year
Exports
—
Imports
−4.95% /yr
India exported ₹0.13 Crore worth of Yarn waste of wool or fine animal hair in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 51032020 ranks #9637 out of 12657 HSN codes by total export value. Within Sub-Chapter 5103, it ranks #5 of 6. By trade surplus, it ranks #7675 of 12657.
The strongest single-year export movement for HSN Code 51032020 was recorded in FY 2020-21, when exports surged by 16.67% over the prior year.
In FY 2024-25, India's imports of ₹0.59 Cr exceeded exports of ₹0.13 Cr, resulting in a trade deficit of ₹0.46 Crore — ranking #7675 of 12657 by surplus magnitude.
India's imports under HSN Code 51032020 have grown at −4.95% CAGR, reaching ₹0.59 Crore in FY 2024-25.
Among the 6 HSN codes under Sub-Chapter 5103, HSN Code 51032020 ranks #5 by export value — accounting for 0.66% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 27.31% share (rank #2).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 51032020 and GST compliance.
It includes Waste of coarse animal hair
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Yarn waste of wool or fine animal hair; Nil for exempt items if applicable).
Under HSN 51032020, Yarn waste of wool or fine animal hair attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.