--- title: "HSN Code for Wool less than 85% | HSN 51062090 GST Rate" description: "Find HSN and GST Rates for 51062090 related to Wool less than 85% with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-51062090/" --- # HSN Code 51062090: Wool less than 85% - [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 : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 51062090 ? It includes Worsted knitted yarn, >85% wool ### Can we claim ITC on inputs used to trade Wool less than 85%? 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 Wool less than 85%? Under HSN 51062090, Wool less than 85% attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Wool less than 85%? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Wool less than 85%? 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. ### How should mixed supplies be billed when Wool less than 85% is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wool less than 85%; Nil for exempt items if applicable). ## India's trade performance: HSN Code 51062090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹22 Cr (−4.56% YoY) — 0.0006% of India's total exports - Imports: ₹2 Cr (+91.23% YoY) — 0.0000% of India's total imports - Trade balance: ₹20 Cr (Surplus); surplus rank #2810 of 12657 HSN codes - Share of Sub-Chapter 5106: 27.18% of its exports; import side 12.07% - Rank within Sub-Chapter 5106: #2 of 6 by export value; import-side #2 ### Key metrics - Export CAGR: 9.19% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4738 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +70.95% in FY 2019-20 - Contribution to Sub-Ch. 5106: 27.18% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 51062090 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 | 13.08 | 0.0006% | — | 38.73% | 2.66 | 0.0001% | — | 32.05% | +10.42 | #4671 | | FY 2019-20 | 22.36 | 0.0010% | +70.95% | 60.35% | 1.05 | 0.0000% | −60.53% | 32.41% | +21.31 | #3970 | | FY 2020-21 | 9.11 | 0.0004% | −59.26% | 34.72% | 2.99 | 0.0001% | +184.76% | 35.81% | +6.12 | #5198 | | FY 2021-22 | 10.54 | 0.0003% | +15.70% | 26.91% | < ₹1 Crore | 0.0000% | −88.29% | 5.34% | +10.19 | #5414 | | FY 2022-23 | 14.41 | 0.0004% | +36.72% | 32.57% | 1.53 | 0.0000% | +337.14% | 7.99% | +12.88 | #5128 | | FY 2023-24 | 23.23 | 0.0006% | +61.21% | 34.26% | 1.14 | 0.0000% | −25.49% | 7.70% | +22.09 | #4554 | | FY 2024-25 | 22.17 | 0.0006% | −4.56% | 27.18% | 2.18 | 0.0000% | +91.23% | 12.07% | +19.99 | #4738 | - CAGR (7-year): exports 9.19%/yr, imports -3.26%/yr (consistently Surplus) ## Key trade insights: HSN Code 51062090 export-import analysis ### Consistent export growth: 9.19% CAGR over 7 years India's exports under HSN Code 51062090 have grown at a compound annual rate of 9.19% over 7 fiscal years, rising from ₹13.08 Crore in FY 2018-19 to ₹22.17 Crore in FY 2024-25. ### HSN Code 51062090 ranked #4738 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 51062090 ranks #4738 out of 12657 HSN codes by total export value. Within Sub-Chapter 5106, it ranks #2 of 6. By trade surplus, it ranks #2810 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 51062090 exports The strongest single-year export movement for HSN Code 51062090 was recorded in FY 2019-20, when exports surged by 70.95% over the prior year. ### India maintains a trade surplus of ₹19.99 Crore in HSN Code 51062090 goods In FY 2024-25, India's exports of ₹22.17 Cr exceeded imports of ₹2.18 Cr, resulting in a trade surplus of ₹19.99 Crore — ranking #2810 of 12657 by surplus magnitude. ### Import growth of -3.26% CAGR signals stable import dependency for Wool less than 85% India's imports under HSN Code 51062090 have grown at -3.26% CAGR, reaching ₹2.18 Crore in FY 2024-25. ### HSN Code 51062090 contributes 27.18% of Sub-Chapter 5106 exports — ranked #2 Among the 6 HSN codes under Sub-Chapter 5106, HSN Code 51062090 ranks #2 by export value — accounting for 27.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.07% share (rank #2). ## 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% (this hsn code) | ₹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](https://busy.in/hsn/hsn-51062020/) | < ₹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 |