HSN Code 51061090: Containing 85% or more by weight of wool : Other
HSN Code 51061090 represents Containing 85% or more by weight of wool : Other under GST classification. This code helps businesses identify Containing 85% or more by weight of wool : Other correctly for billing, taxation, and trade. With HSN Code 51061090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Containing 85% or more by weight of wool : Other.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 51061090
HSN Code 51061090 relates to the following description.
What does HSN Code 51061090 not include?
Containing 85% or more by weight of wool : Other does not include products with the following descriptions.
Containing 85% or more by weight of wool : Shoddy woollen yarn
Containing 85% or more by weight of wool : Munga woollen yarn
Containing less than 85% by weight of wool : Shoddy woollen yarn
Containing less than 85% by weight of wool : Munga woollen yarn
Containing less than 85% by weight of wool : Other
Containing 85% or more by weight of wool : Shoddy woollen yarn
Containing 85% or more by weight of wool : Munga woollen yarn
Containing less than 85% by weight of wool : Shoddy woollen yarn
Containing less than 85% by weight of wool : Munga woollen yarn
Containing less than 85% by weight of wool : Other
India’s Trade Performance — HSN Code 51061090 in FY 2024-25
India’s Exports
FY 2024-25₹59 Cr
0.0016% of India’s total exports
India’s Imports
FY 2024-25₹16 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25₹43 Cr
Surplus rank #2266 of 12657 HSN codes
% of Sub-Chapter 5106
FY 2024-2572.40%
Share of Sub-Chapter 5106’s total exports in FY 2024-25
Import side: 87.87% of Sub-Chapter 5106’s imports
Rank Within Sub-Chapter 5106
FY 2024-25#1 of 6
Position by export value among HSN codes in Sub-Chapter 5106
Import-side rank: #1 of 6
At a glance
24.12%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3392
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+65.43%
Peak Growth Year
FY 2021-22 · strongest single-year move
72.40%
Contribution to Sub-Ch. 5106
Share of Sub-Chapter 5106 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 51061090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+10.51
Exports
16.15 ₹ Cr
0.0007% share
— YoY
47.82% of Sub-Ch. 5106
Imports
5.64 ₹ Cr
0.0002% share
— YoY
67.95% of Sub-Ch. 5106
Balance
+8.49
Exports
10.68 ₹ Cr
0.0005% share
−33.87% YoY
28.83% of Sub-Ch. 5106
Imports
2.19 ₹ Cr
0.0001% share
−61.17% YoY
67.59% of Sub-Ch. 5106
Balance
+10.00
Exports
15.36 ₹ Cr
0.0007% share
+43.82% YoY
58.54% of Sub-Ch. 5106
Imports
5.36 ₹ Cr
0.0002% share
+144.75% YoY
64.19% of Sub-Ch. 5106
Balance
+19.21
Exports
25.41 ₹ Cr
0.0008% share
+65.43% YoY
64.87% of Sub-Ch. 5106
Imports
6.20 ₹ Cr
0.0001% share
+15.67% YoY
94.66% of Sub-Ch. 5106
Balance
+10.56
Exports
28.16 ₹ Cr
0.0008% share
+10.82% YoY
63.65% of Sub-Ch. 5106
Imports
17.60 ₹ Cr
0.0003% share
+183.87% YoY
91.91% of Sub-Ch. 5106
Balance
+30.37
Exports
43.91 ₹ Cr
0.0012% share
+55.93% YoY
64.76% of Sub-Ch. 5106
Imports
13.54 ₹ Cr
0.0002% share
−23.07% YoY
91.42% of Sub-Ch. 5106
Balance
+43.19
Exports
59.06 ₹ Cr
0.0016% share
+34.50% YoY
72.40% of Sub-Ch. 5106
Imports
15.87 ₹ Cr
0.0003% share
+17.21% YoY
87.87% of Sub-Ch. 5106
CAGR · 7-Year
Exports
24.12% /yr
Imports
18.82% /yr
Key Trade Insights: HSN Code 51061090 Export-Import Analysis
Consistent Export Growth: 24.12% CAGR Over 7 Years
India's exports under HSN Code 51061090 have grown at a compound annual rate of 24.12% over 7 fiscal years, rising from ₹16.15 Crore in FY 2018-19 to ₹59.06 Crore in FY 2024-25.
HSN Code 51061090 Ranked #3392 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 51061090 ranks #3392 out of 12657 HSN codes by total export value. Within Sub-Chapter 5106, it ranks #1 of 6. By trade surplus, it ranks #2266 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 51061090 Exports
The strongest single-year export movement for HSN Code 51061090 was recorded in FY 2021-22, when exports surged by 65.43% over the prior year.
India Maintains a Trade Surplus of ₹43.19 Crore in HSN Code 51061090 Goods
In FY 2024-25, India's exports of ₹59.06 Cr exceeded imports of ₹15.87 Cr, resulting in a trade surplus of ₹43.19 Crore — ranking #2266 of 12657 by surplus magnitude.
Import Growth of 18.82% CAGR Signals Rising Demand for Containing 85% or more by weight of wool : Other
India's imports under HSN Code 51061090 have grown at 18.82% CAGR, reaching ₹15.87 Crore in FY 2024-25.
HSN Code 51061090 Contributes 72.40% of Sub-Chapter 5106 Exports — Ranked #1
Among the 6 HSN codes under Sub-Chapter 5106, HSN Code 51061090 ranks #1 by export value — accounting for 72.40% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 87.87% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 51061090 and GST compliance.
What products are classified under HSN 51061090 ?
It includes Munga woollen yarn: <85% wool
Can we claim ITC on inputs used to trade Containing 85% or more by weight of wool : Other?
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 Containing 85% or more by weight of wool : Other?
Under HSN 51061090, Containing 85% or more by weight of wool : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Containing 85% or more by weight of wool : Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Containing 85% or more by weight of wool : Other; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Containing 85% or more by weight of wool : 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 Containing 85% or more by weight of wool : Other?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.