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HSN Code 51071010: Worsted Hosiery Yarn Containing 85% or More Wool

HSN Code 51071010 represents Worsted Hosiery Yarn Containing 85% or More Wool under GST classification. This code helps businesses identify Worsted Hosiery Yarn Containing 85% or More Wool correctly for billing, taxation, and trade. With HSN Code 51071010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Worsted Hosiery Yarn Containing 85% or More Wool.

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Description of Goods for HSN Code 51071010

HSN Code 51071010 relates to the following description.

Description of Goods

CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted hosiery yarn

Chapter

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

Sub Chapter

5107 - Yarn of combed wool, not put up for retail sale

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 51071010 not include?

Worsted Hosiery Yarn Containing 85% or More Wool does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 51071010 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹31 Cr

+3.05% vs FY 2024-25

0.0008% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

−82.03% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹30 Cr

Trade Surplus

Surplus rank #2611 of 12872 HSN codes

% of Sub-Chapter 5107

FY 2025-26

3.85%

Share of Sub-Chapter 5107’s total exports in FY 2025-26

Import side: 5.92% of Sub-Chapter 5107’s imports

Rank Within Sub-Chapter 5107

FY 2025-26

#3 of 10

Position by export value among HSN codes in Sub-Chapter 5107

Import-side rank: #6 of 10

At a glance

23.46%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#4448

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+84.82%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.85%

Contribution to Sub-Ch. 5107

Share of Sub-Chapter 5107 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 51071010

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5417

Balance

+6.23

Exports

7.11 ₹ Cr

0.0003% share

— YoY

0.87% of Sub-Ch. 5107

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

4.28% of Sub-Ch. 5107

FY 2019-20 Exp. Rank #5214

Balance

+4.26

Exports

8.53 ₹ Cr

0.0004% share

+19.97% YoY

1.23% of Sub-Ch. 5107

Imports

4.27 ₹ Cr

0.0001% share

+385.23% YoY

15.11% of Sub-Ch. 5107

FY 2020-21 Exp. Rank #4608

Balance

+5.73

Exports

14.62 ₹ Cr

0.0007% share

+71.40% YoY

3.51% of Sub-Ch. 5107

Imports

8.89 ₹ Cr

0.0003% share

+108.20% YoY

34.73% of Sub-Ch. 5107

FY 2021-22 Exp. Rank #4173

Balance

+11.94

Exports

27.02 ₹ Cr

0.0009% share

+84.82% YoY

4.74% of Sub-Ch. 5107

Imports

15.08 ₹ Cr

0.0003% share

+69.63% YoY

47.89% of Sub-Ch. 5107

FY 2022-23 Exp. Rank #3688

Balance

+21.59

Exports

42.73 ₹ Cr

0.0012% share

+58.14% YoY

4.84% of Sub-Ch. 5107

Imports

21.14 ₹ Cr

0.0004% share

+40.19% YoY

54.12% of Sub-Ch. 5107

FY 2023-24 Exp. Rank #3429

Balance

+43.16

Exports

53.59 ₹ Cr

0.0015% share

+25.42% YoY

5.70% of Sub-Ch. 5107

Imports

10.43 ₹ Cr

0.0002% share

−50.66% YoY

34.55% of Sub-Ch. 5107

FY 2024-25 Exp. Rank #4318

Balance

+24.65

Exports

30.16 ₹ Cr

0.0008% share

−43.72% YoY

4.43% of Sub-Ch. 5107

Imports

5.51 ₹ Cr

0.0001% share

−47.17% YoY

24.15% of Sub-Ch. 5107

FY 2025-26 Exp. Rank #4448

Balance

+30.09

Exports

31.08 ₹ Cr

0.0008% share

+3.05% YoY

3.85% of Sub-Ch. 5107

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−82.03% YoY

5.92% of Sub-Ch. 5107

CAGR · 8-Year

Exports

23.46% /yr

Imports

1.70% /yr

Consistently Surplus
Sub-Chapter 5107 total

reference, FY 2025-26

Export

₹806.74 Cr

Import

₹16.73 Cr

Trade Balance

+790.01

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

Key Trade Insights: HSN Code 51071010 Export-Import Analysis

Consistent Export Growth: 23.46% CAGR Over 8 Years

India's exports under HSN Code 51071010 have grown at a compound annual rate of 23.46% over 8 fiscal years, rising from ₹7.11 Crore in FY 2018-19 to ₹31.08 Crore in FY 2025-26.

HSN Code 51071010 Ranked #4448 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 51071010 ranks #4448 out of 12872 HSN codes by total export value. Within Sub-Chapter 5107, it ranks #3 of 10. By trade surplus, it ranks #2611 of 12872.

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 ₹30.09 Crore in HSN Code 51071010 Goods

In FY 2025-26, India's exports of ₹31.08 Cr exceeded imports of ₹0.99 Cr, resulting in a trade surplus of ₹30.09 Crore — ranking #2611 of 12872 by surplus magnitude.

Import Growth of 1.70% CAGR Signals Stable Import Dependency for Worsted Hosiery Yarn Containing 85% or More Wool

India's imports under HSN Code 51071010 have grown at 1.70% CAGR, reaching ₹0.99 Crore in FY 2025-26.

HSN Code 51071010 Contributes 3.85% 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 3.85% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.92% share (rank #6).

Frequently Asked Questions

Clear answers to common queries about HSN Code 51071010 and GST compliance.

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 Containing 85% or More 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 Containing 85% or More Wool?

Under HSN 51071010, Worsted Hosiery Yarn Containing 85% or More 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 Containing 85% or More 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 Containing 85% or More 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 Containing 85% or More 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 Containing 85% or More Wool; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Worsted Hosiery Yarn Containing 85% or More Wool?

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

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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.