--- title: "HSN Code for Worsted hosiery yarn, >85% wool | HSN 51071010 GST Rate" description: "Find HSN and GST Rates for 51071010 related to Worsted hosiery yarn, >85% wool with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-51071010/" --- # HSN Code 51071010: Worsted hosiery 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 5107: Yarn of combed wool](https://busy.in/hsn/sub-chapter-5107/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted hosiery yarn | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 51071010 ? It includes Worsted weaving yarn, >85% wool ### Does packaging or labelling change the GST for Worsted hosiery yarn, >85% wool? 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 Worsted hosiery yarn, >85% wool? Under HSN 51071010, Worsted hosiery yarn, >85% wool attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Worsted hosiery 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 Worsted hosiery 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. ### How should mixed supplies be billed when Worsted hosiery 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 Worsted hosiery yarn, >85% wool; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Worsted hosiery 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. ## India's trade performance: HSN Code 51071010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹30 Cr (−43.72% YoY) — 0.0008% of India's total exports - Imports: ₹6 Cr (−47.17% YoY) — 0.0001% of India's total imports - Trade balance: ₹25 Cr (Surplus); surplus rank #2681 of 12657 HSN codes - Share of Sub-Chapter 5107: 4.43% of its exports; import side 24.15% - Rank within Sub-Chapter 5107: #3 of 10 by export value; import-side #2 ### Key metrics - Export CAGR: 27.23% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4318 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +84.82% in FY 2021-22 - Contribution to Sub-Ch. 5107: 4.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 51071010 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. 5107 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5107 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 7.11 | 0.0003% | — | 0.87% | < ₹1 Crore | 0.0000% | — | 4.28% | +6.23 | #5417 | | FY 2019-20 | 8.53 | 0.0004% | +19.97% | 1.23% | 4.27 | 0.0001% | +385.23% | 15.11% | +4.26 | #5214 | | FY 2020-21 | 14.62 | 0.0007% | +71.40% | 3.51% | 8.89 | 0.0003% | +108.20% | 34.73% | +5.73 | #4608 | | FY 2021-22 | 27.02 | 0.0009% | +84.82% | 4.74% | 15.08 | 0.0003% | +69.63% | 47.89% | +11.94 | #4173 | | FY 2022-23 | 42.73 | 0.0012% | +58.14% | 4.84% | 21.14 | 0.0004% | +40.19% | 54.12% | +21.59 | #3688 | | FY 2023-24 | 53.59 | 0.0015% | +25.42% | 5.70% | 10.43 | 0.0002% | −50.66% | 34.55% | +43.16 | #3429 | | FY 2024-25 | 30.16 | 0.0008% | −43.72% | 4.43% | 5.51 | 0.0001% | −47.17% | 24.15% | +24.65 | #4318 | - CAGR (7-year): exports 27.23%/yr, imports 35.76%/yr (consistently Surplus) ## Key trade insights: HSN Code 51071010 export-import analysis ### Consistent export growth: 27.23% CAGR over 7 years India's exports under HSN Code 51071010 have grown at a compound annual rate of 27.23% over 7 fiscal years, rising from ₹7.11 Crore in FY 2018-19 to ₹30.16 Crore in FY 2024-25. ### HSN Code 51071010 ranked #4318 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 51071010 ranks #4318 out of 12657 HSN codes by total export value. Within Sub-Chapter 5107, it ranks #3 of 10. By trade surplus, it ranks #2681 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 51071010 exports The strongest single-year export movement for HSN Code 51071010 was recorded in FY 2021-22, when exports surged by 84.82% over the prior year. ### India maintains a trade surplus of ₹24.65 Crore in HSN Code 51071010 goods In FY 2024-25, India's exports of ₹30.16 Cr exceeded imports of ₹5.51 Cr, resulting in a trade surplus of ₹24.65 Crore — ranking #2681 of 12657 by surplus magnitude. ### Import growth of 35.76% CAGR signals rising demand for Worsted hosiery yarn, >85% wool India's imports under HSN Code 51071010 have grown at 35.76% CAGR, reaching ₹5.51 Crore in FY 2024-25. ### HSN Code 51071010 contributes 4.43% of Sub-Chapter 5107 exports — ranked #3 Among the 10 HSN codes under Sub-Chapter 5107, HSN Code 51071010 ranks #3 by export value — accounting for 4.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 24.15% share (rank #2). ## Related HSN Codes in Sub-Chapter 5107 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 51071030: Worsted weaving yarn, >85% wool](https://busy.in/hsn/hsn-51071030/) | ₹497 Cr | | #2 | [HSN Code 51072030: Worsted weaving yarn, <85% wool](https://busy.in/hsn/hsn-51072030/) | ₹92 Cr | | #3 | HSN Code 51071010: Worsted hosiery yarn, >85% wool (this hsn code) | ₹30 Cr | | #4 | [HSN Code 51072020: Worsted knitted yarn, <85% wool](https://busy.in/hsn/hsn-51072020/) | ₹19 Cr | | #5 | [HSN Code 51071020: Worsted knitted yarn, >85% wool](https://busy.in/hsn/hsn-51071020/) | ₹13 Cr | | #6 | [HSN Code 51071090: CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Other](https://busy.in/hsn/hsn-51071090/) | ₹13 Cr | | #7 | [HSN Code 51072010: Worsted hosiery yarn, <85% wool](https://busy.in/hsn/hsn-51072010/) | ₹8 Cr | | #8 | [HSN Code 51072090: Wool less than 85%](https://busy.in/hsn/hsn-51072090/) | ₹5 Cr | | #9 | [HSN Code 51071040: Wool carpet yarn ≥ 85% wool](https://busy.in/hsn/hsn-51071040/) | ₹3 Cr | | #10 | [HSN Code 51072040: Woollen carpet yarn](https://busy.in/hsn/hsn-51072040/) | < ₹1 Crore |