--- title: "HSN Code for Munga woollen yarn: <85% wool | HSN 51062020 GST Rate" description: "Find HSN and GST Rates for 51062020 related to Munga woollen yarn: <85% wool with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-51062020/" --- # HSN Code 51062020: Munga woollen yarn: <85% wool - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 51: Wool, fine or coarse animal hair; horsehair yarn and woven fabric](https://busy.in/hsn/chapter-51/) - [Sub-chapter 5106: Yarn of carded wool](https://busy.in/hsn/sub-chapter-5106/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Containing less than 85% by weight of wool : Munga woollen yarn | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 51062020 ? It includes Worsted hosiery yarn, >85% wool ### How should mixed supplies be billed when Munga woollen yarn: <85% wool is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Munga woollen yarn: <85% wool; Nil for exempt items if applicable). ### How much GST applies to Munga woollen yarn: <85% wool? Under HSN 51062020, Munga woollen yarn: <85% wool attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Munga woollen yarn: <85% wool? 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 Munga woollen yarn: <85% 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. ### Any common misclassification issue with Munga woollen yarn: <85% wool? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 51062020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−59.09% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #5274 of 12657 HSN codes - Share of Sub-Chapter 5106: 0.11% of its exports; import side 0.00% - Rank within Sub-Chapter 5106: #4 of 6 by export value ### Key metrics - National export rank: #9797 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +450.00% in FY 2023-24 - Contribution to Sub-Ch. 5106: 0.11% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 51062020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5106 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5106 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.27% | Nil | 0.0000% | — | 0.00% | +0.10 | #9172 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.05% | Nil | 0.0000% | — | 0.00% | +0.02 | #10058 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +100.00% | 0.09% | Nil | 0.0000% | — | 0.00% | +0.04 | #9967 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +450.00% | 0.32% | Nil | 0.0000% | — | 0.00% | +0.22 | #9379 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −59.09% | 0.11% | Nil | 0.0000% | — | 0.00% | +0.09 | #9797 | ## Key trade insights: HSN Code 51062020 export-import analysis ### Export snapshot for HSN Code 51062020 India exported ₹0.09 Crore worth of Munga woollen yarn: <85% wool in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 51062020 ranked #9797 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 51062020 ranks #9797 out of 12657 HSN codes by total export value. Within Sub-Chapter 5106, it ranks #4 of 6. By trade surplus, it ranks #5274 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 51062020 exports The strongest single-year export movement for HSN Code 51062020 was recorded in FY 2023-24, when exports surged by 450.00% over the prior year. ### India maintains a trade surplus of ₹0.09 Crore in HSN Code 51062020 goods In FY 2024-25, India's exports of ₹0.09 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.09 Crore — ranking #5274 of 12657 by surplus magnitude. ### HSN Code 51062020 contributes 0.11% of Sub-Chapter 5106 exports — ranked #4 Among the 6 HSN codes under Sub-Chapter 5106, HSN Code 51062020 ranks #4 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 5106 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 51061090: Containing 85% or more by weight of wool : Other](https://busy.in/hsn/hsn-51061090/) | ₹59 Cr | | #2 | [HSN Code 51062090: Wool less than 85%](https://busy.in/hsn/hsn-51062090/) | ₹22 Cr | | #3 | [HSN Code 51062010: Shoddy woollen yarn](https://busy.in/hsn/hsn-51062010/) | < ₹1 Crore | | #4 | HSN Code 51062020: Munga woollen yarn: <85% wool (this hsn code) | < ₹1 Crore | | #5 | [HSN Code 51061010: Shoddy woollen yarn, 85%+ wool content](https://busy.in/hsn/hsn-51061010/) | < ₹1 Crore | | — | [HSN Code 51061020: Munga woollen yarn](https://busy.in/hsn/hsn-51061020/) | Nil |