HSN Code 51052990: Wool tops and other combed wool : Other : Other

HSN Code 51052990 represents Wool tops and other combed wool : Other : Other under GST classification. This code helps businesses identify Wool tops and other combed wool : Other : Other correctly for billing, taxation, and trade. With HSN Code 51052990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wool tops and other combed wool : Other : Other.

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Description of Goods for HSN Code 51052990

HSN Code 51052990 relates to the following description.

Description of Goods

Wool tops and other combed wool : Other : Other

Chapter

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

Sub Chapter

5105 - Wool and fine or coarse animal hair, carded or combed (including combed wool in fragments)

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 51052990 not include?

Wool tops and other combed wool : Other : Other does not include products with the following descriptions.

India’s Trade Performance — HSN Code 51052990 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

₹2 Cr

−35.40% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

+7.51% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹16 Cr

Trade Deficit

Surplus rank #9420 of 12657 HSN codes

% of Sub-Chapter 5105

FY 2024-25

3.08%

Share of Sub-Chapter 5105’s total exports in FY 2024-25

Import side: 12.21% of Sub-Chapter 5105’s imports

Rank Within Sub-Chapter 5105

FY 2024-25

#2 of 7

Position by export value among HSN codes in Sub-Chapter 5105

Import-side rank: #2 of 7

At a glance

−1.17%

Export CAGR

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

#7712

National Export Rank

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

+2,025.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

3.08%

Contribution to Sub-Ch. 5105

Share of Sub-Chapter 5105 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 51052990

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 #7011

Balance

−4.01

Exports

1.90 ₹ Cr

0.0001% share

— YoY

0.93% of Sub-Ch. 5105

Imports

5.91 ₹ Cr

0.0002% share

— YoY

4.54% of Sub-Ch. 5105

FY 2019-20 Exp. Rank #9279

Balance

−3.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.79% YoY

0.06% of Sub-Ch. 5105

Imports

3.53 ₹ Cr

0.0001% share

−40.27% YoY

3.16% of Sub-Ch. 5105

FY 2020-21 Exp. Rank #7160

Balance

−5.76

Exports

1.70 ₹ Cr

0.0001% share

+2,025.00% YoY

3.17% of Sub-Ch. 5105

Imports

7.46 ₹ Cr

0.0003% share

+111.33% YoY

12.49% of Sub-Ch. 5105

FY 2021-22 Exp. Rank #7767

Balance

−6.80

Exports

1.28 ₹ Cr

0.0000% share

−24.71% YoY

1.95% of Sub-Ch. 5105

Imports

8.08 ₹ Cr

0.0002% share

+8.31% YoY

6.41% of Sub-Ch. 5105

FY 2022-23 Exp. Rank #8263

Balance

−8.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.16% YoY

1.15% of Sub-Ch. 5105

Imports

8.86 ₹ Cr

0.0002% share

+9.65% YoY

5.13% of Sub-Ch. 5105

FY 2023-24 Exp. Rank #7246

Balance

−14.16

Exports

2.74 ₹ Cr

0.0001% share

+230.12% YoY

6.40% of Sub-Ch. 5105

Imports

16.90 ₹ Cr

0.0003% share

+90.74% YoY

8.58% of Sub-Ch. 5105

FY 2024-25 Exp. Rank #7712

Balance

−16.40

Exports

1.77 ₹ Cr

0.0000% share

−35.40% YoY

3.08% of Sub-Ch. 5105

Imports

18.17 ₹ Cr

0.0003% share

+7.51% YoY

12.21% of Sub-Ch. 5105

CAGR · 7-Year

Exports

−1.17% /yr

Imports

20.59% /yr

Consistently Deficit
Sub-Chapter 5105 total

reference, FY 2024-25

Export

₹57.47 Cr

Import

₹148.83 Cr

Trade Balance

−91.36

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

Key Trade Insights: HSN Code 51052990 Export-Import Analysis

Export Decline: −1.17% CAGR Over 7 Years

India's exports under HSN Code 51052990 have declined at a compound annual rate of −1.17% over 7 fiscal years, falling from ₹1.90 Crore in FY 2018-19 to ₹1.77 Crore in FY 2024-25.

HSN Code 51052990 Ranked #7712 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 51052990 ranks #7712 out of 12657 HSN codes by total export value. Within Sub-Chapter 5105, it ranks #2 of 7. By trade surplus, it ranks #9420 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 51052990 Exports

The strongest single-year export movement for HSN Code 51052990 was recorded in FY 2020-21, when exports surged by 2,025.00% over the prior year.

India Records a Trade Deficit of ₹16.40 Crore in HSN Code 51052990 Goods

In FY 2024-25, India's imports of ₹18.17 Cr exceeded exports of ₹1.77 Cr, resulting in a trade deficit of ₹16.40 Crore — ranking #9420 of 12657 by surplus magnitude.

Import Growth of 20.59% CAGR Signals Rising Demand for Wool tops and other combed wool : Other : Other

India's imports under HSN Code 51052990 have grown at 20.59% CAGR, reaching ₹18.17 Crore in FY 2024-25.

HSN Code 51052990 Contributes 3.08% of Sub-Chapter 5105 Exports — Ranked #2

Among the 7 HSN codes under Sub-Chapter 5105, HSN Code 51052990 ranks #2 by export value — accounting for 3.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.21% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 51052990 and GST compliance.

What products are classified under HSN 51052990 ?

It includes Fine Animal Hair – Other

Can we claim ITC on inputs used to trade Wool tops and other combed wool : Other : 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 Wool tops and other combed wool : Other : 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.

Any common misclassification issue with Wool tops and other combed wool : Other : Other?

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

Does packaging or labelling change the GST for Wool tops and other combed wool : Other : Other?

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 much GST applies to Wool tops and other combed wool : Other : Other?

Under HSN 51052990, Wool tops and other combed wool : Other : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.