---
title: "HSN Code for Wool carpet yarn ≥ 85% wool | HSN 51071040 GST Rate"
description: "Find HSN and GST Rates for 51071040 related to Wool carpet yarn ≥ 85% wool with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-51071040/"
---

# HSN Code 51071040: Wool carpet 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 : Woollen carpet yarn | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 51071040 ?

It includes Worsted hosiery yarn, <85% wool

### Can we claim ITC on inputs used to trade Wool carpet 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.

### Any common misclassification issue with Wool carpet 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.

### Do e‑way bill and e‑invoice apply for Wool carpet 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.

### How much GST applies to Wool carpet yarn ≥ 85% wool?

Under HSN 51071040, Wool carpet yarn ≥ 85% wool attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Wool carpet 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 Wool carpet yarn ≥ 85% wool; Nil for exempt items if applicable).

## India's trade performance: HSN Code 51071040 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹3 Cr (+27.00% YoY) — 0.0001% of India's total exports
- Imports: < ₹1 Crore (−61.08% YoY) — 0.0000% of India's total imports
- Trade balance: ₹3 Cr (Surplus); surplus rank #4119 of 12657 HSN codes
- Share of Sub-Chapter 5107: 0.49% of its exports; import side 3.46%
- Rank within Sub-Chapter 5107: #9 of 10 by export value; import-side #5

### Key metrics

- Export CAGR: 9.57% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7082 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +126.83% in FY 2021-22
- Contribution to Sub-Ch. 5107: 0.49% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 51071040

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 | 1.93 | 0.0001% | — | 0.23% | 1.49 | 0.0000% | — | 7.25% | +0.44 | #6985 |
| FY 2019-20 | 1.22 | 0.0001% | −36.79% | 0.18% | 1.49 | 0.0000% | 0.00% | 5.27% | −0.27 | #7406 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −32.79% | 0.20% | 2.26 | 0.0001% | +51.68% | 8.83% | −1.44 | #7830 |
| FY 2021-22 | 1.86 | 0.0001% | +126.83% | 0.33% | 2.01 | 0.0000% | −11.06% | 6.38% | −0.15 | #7405 |
| FY 2022-23 | 3.20 | 0.0001% | +72.04% | 0.36% | 3.00 | 0.0001% | +49.25% | 7.68% | +0.20 | #6933 |
| FY 2023-24 | 2.63 | 0.0001% | −17.81% | 0.28% | 2.03 | 0.0000% | −32.33% | 6.72% | +0.60 | #7279 |
| FY 2024-25 | 3.34 | 0.0001% | +27.00% | 0.49% | < ₹1 Crore | 0.0000% | −61.08% | 3.46% | +2.55 | #7082 |

- CAGR (7-year): exports 9.57%/yr, imports -10.04%/yr (consistently Surplus)

## Key trade insights: HSN Code 51071040 export-import analysis

### Consistent export growth: 9.57% CAGR over 7 years

India's exports under HSN Code 51071040 have grown at a compound annual rate of 9.57% over 7 fiscal years, rising from ₹1.93 Crore in FY 2018-19 to ₹3.34 Crore in FY 2024-25.

### HSN Code 51071040 ranked #7082 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 51071040 ranks #7082 out of 12657 HSN codes by total export value. Within Sub-Chapter 5107, it ranks #9 of 10. By trade surplus, it ranks #4119 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 51071040 exports

The strongest single-year export movement for HSN Code 51071040 was recorded in FY 2021-22, when exports surged by 126.83% over the prior year.

### India maintains a trade surplus of ₹2.55 Crore in HSN Code 51071040 goods

In FY 2024-25, India's exports of ₹3.34 Cr exceeded imports of ₹0.79 Cr, resulting in a trade surplus of ₹2.55 Crore — ranking #4119 of 12657 by surplus magnitude.

### Import growth of -10.04% CAGR signals stable import dependency for Wool carpet yarn ≥ 85% wool

India's imports under HSN Code 51071040 have grown at -10.04% CAGR, reaching ₹0.79 Crore in FY 2024-25.

### HSN Code 51071040 contributes 0.49% of Sub-Chapter 5107 exports — ranked #9

Among the 10 HSN codes under Sub-Chapter 5107, HSN Code 51071040 ranks #9 by export value — accounting for 0.49% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.46% share (rank #5).

## 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](https://busy.in/hsn/hsn-51071010/) | ₹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 (this hsn code) | ₹3 Cr |
| #10 | [HSN Code 51072040: Woollen carpet yarn](https://busy.in/hsn/hsn-51072040/) | < ₹1 Crore |