HSN Code 51040010: Shoddy wool
HSN Code 51040010 represents Shoddy wool under GST classification. This code helps businesses identify Shoddy wool correctly for billing, taxation, and trade. With HSN Code 51040010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Shoddy wool.
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Description of Goods for HSN Code 51040010
HSN Code 51040010 relates to the following description.
What does HSN Code 51040010 not include?
Shoddy wool does not include products with the following descriptions.
Garnetted stock of wool or of fine or coarse animal hair : Other
Garnetted stock of wool or of fine or coarse animal hair : Other
India’s Trade Performance — HSN Code 51040010 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4532 of 12657 HSN codes
% of Sub-Chapter 5104
FY 2024-25100.00%
Share of Sub-Chapter 5104’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 5104’s imports
Rank Within Sub-Chapter 5104
FY 2024-25#1 of 2
Position by export value among HSN codes in Sub-Chapter 5104
At a glance
−6.04%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8275
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+242.72%
Peak Growth Year
FY 2022-23 · strongest single-year move
100.00%
Contribution to Sub-Ch. 5104
Share of Sub-Chapter 5104 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 51040010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.41
Exports
1.41 ₹ Cr
0.0001% share
— YoY
61.57% of Sub-Ch. 5104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 5104
Balance
+0.43
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−69.50% YoY
97.73% of Sub-Ch. 5104
Imports
Nil ₹ Cr
0.0000% share
— YoY
— of Sub-Ch. 5104
Balance
+0.73
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+116.28% YoY
73.81% of Sub-Ch. 5104
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 5104
Balance
+1.03
Exports
1.03 ₹ Cr
0.0000% share
+10.75% YoY
100.00% of Sub-Ch. 5104
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
— of Sub-Ch. 5104
Balance
+3.53
Exports
3.53 ₹ Cr
0.0001% share
+242.72% YoY
99.44% of Sub-Ch. 5104
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5104
Balance
+1.37
Exports
1.52 ₹ Cr
0.0000% share
−56.94% YoY
93.25% of Sub-Ch. 5104
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 5104
Balance
+0.97
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−36.18% YoY
100.00% of Sub-Ch. 5104
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5104
CAGR · 7-Year
Exports
−6.04% /yr
Imports
—
Key Trade Insights: HSN Code 51040010 Export-Import Analysis
Export Decline: −6.04% CAGR Over 7 Years
India's exports under HSN Code 51040010 have declined at a compound annual rate of −6.04% over 7 fiscal years, falling from ₹1.41 Crore in FY 2018-19 to ₹0.97 Crore in FY 2024-25.
HSN Code 51040010 Ranked #8275 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 51040010 ranks #8275 out of 12657 HSN codes by total export value. Within Sub-Chapter 5104, it ranks #1 of 2. By trade surplus, it ranks #4532 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 51040010 Exports
The strongest single-year export movement for HSN Code 51040010 was recorded in FY 2022-23, when exports surged by 242.72% over the prior year.
India Maintains a Trade Surplus of ₹0.97 Crore in HSN Code 51040010 Goods
In FY 2024-25, India's exports of ₹0.97 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.97 Crore — ranking #4532 of 12657 by surplus magnitude.
HSN Code 51040010 Contributes 100.00% of Sub-Chapter 5104 Exports — Ranked #1
Among the 2 HSN codes under Sub-Chapter 5104, HSN Code 51040010 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 51040010 and GST compliance.
What products are classified under HSN 51040010 ?
It includes Carded wool
Do e‑way bill and e‑invoice apply for Shoddy wool?
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.
Can we claim ITC on inputs used to trade Shoddy wool?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Shoddy wool?
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.
How should mixed supplies be billed when Shoddy wool is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Shoddy wool; Nil for exempt items if applicable).
How much GST applies to Shoddy wool?
Under HSN 51040010, Shoddy wool attracts Varies when sold in taxable form. Describe the exact form on the invoice.