HSN Code 51061010: Shoddy woollen yarn, 85%+ wool content

HSN Code 51061010 represents Shoddy woollen yarn, 85%+ wool content under GST classification. This code helps businesses identify Shoddy woollen yarn, 85%+ wool content correctly for billing, taxation, and trade. With HSN Code 51061010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Shoddy woollen yarn, 85%+ wool content.

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Description of Goods for HSN Code 51061010

HSN Code 51061010 relates to the following description.

Description of Goods

Containing 85% or more by weight of wool : Shoddy woollen yarn

Chapter

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

Sub Chapter

5106 - Yarn of carded wool, not put up for retail sale

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 51061010 not include?

Shoddy woollen yarn, 85%+ wool content does not include products with the following descriptions.

India’s Trade Performance — HSN Code 51061010 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 Crore

−70.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−80.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5519 of 12657 HSN codes

% of Sub-Chapter 5106

FY 2024-25

0.04%

Share of Sub-Chapter 5106’s total exports in FY 2024-25

Import side: 0.06% of Sub-Chapter 5106’s imports

Rank Within Sub-Chapter 5106

FY 2024-25

#5 of 6

Position by export value among HSN codes in Sub-Chapter 5106

Import-side rank: #3 of 6

At a glance

−54.83%

Export CAGR

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

#10193

National Export Rank

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

+21.02%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.04%

Contribution to Sub-Ch. 5106

Share of Sub-Chapter 5106 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 51061010

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 #6287

Balance

+3.53

Exports

3.53 ₹ Cr

0.0002% share

— YoY

10.45% of Sub-Ch. 5106

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5106

FY 2019-20 Exp. Rank #6208

Balance

+3.68

Exports

3.68 ₹ Cr

0.0002% share

+4.25% YoY

9.93% of Sub-Ch. 5106

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5106

FY 2020-21 Exp. Rank #7121

Balance

+1.76

Exports

1.76 ₹ Cr

0.0001% share

−52.17% YoY

6.71% of Sub-Ch. 5106

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5106

FY 2021-22 Exp. Rank #7250

Balance

+2.13

Exports

2.13 ₹ Cr

0.0001% share

+21.02% YoY

5.44% of Sub-Ch. 5106

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5106

FY 2022-23 Exp. Rank #7750

Balance

+1.48

Exports

1.48 ₹ Cr

0.0000% share

−30.52% YoY

3.35% of Sub-Ch. 5106

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5106

FY 2023-24 Exp. Rank #9775

Balance

+0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−93.24% YoY

0.15% of Sub-Ch. 5106

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.34% of Sub-Ch. 5106

FY 2024-25 Exp. Rank #10193

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.00% YoY

0.04% of Sub-Ch. 5106

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−80.00% YoY

0.06% of Sub-Ch. 5106

CAGR · 7-Year

Exports

−54.83% /yr

Imports

—

Consistently Surplus
Sub-Chapter 5106 total

reference, FY 2024-25

Export

₹81.57 Cr

Import

₹18.06 Cr

Trade Balance

+63.51

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

Key Trade Insights: HSN Code 51061010 Export-Import Analysis

Export Decline: −54.83% CAGR Over 7 Years

India's exports under HSN Code 51061010 have declined at a compound annual rate of −54.83% over 7 fiscal years, falling from ₹3.53 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

HSN Code 51061010 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 51061010 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 5106, it ranks #5 of 6. By trade surplus, it ranks #5519 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 51061010 Exports

The strongest single-year export movement for HSN Code 51061010 was recorded in FY 2021-22, when exports surged by 21.02% over the prior year.

India Maintains a Trade Surplus of ₹0.02 Crore in HSN Code 51061010 Goods

In FY 2024-25, India's exports of ₹0.03 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.02 Crore — ranking #5519 of 12657 by surplus magnitude.

HSN Code 51061010 Contributes 0.04% of Sub-Chapter 5106 Exports — Ranked #5

Among the 6 HSN codes under Sub-Chapter 5106, HSN Code 51061010 ranks #5 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 51061010 and GST compliance.

What products are classified under HSN 51061010 ?

It includes Containing 85% or more by weight of wool : Other

Can we claim ITC on inputs used to trade Shoddy woollen yarn, 85%+ wool content?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Shoddy woollen yarn, 85%+ wool content?

Under HSN 51061010, Shoddy woollen yarn, 85%+ wool content attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Shoddy woollen yarn, 85%+ wool content?

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 Shoddy woollen yarn, 85%+ wool content is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Shoddy woollen yarn, 85%+ wool content; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Shoddy woollen yarn, 85%+ wool content?

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.

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.