HSN Code 51072010: Worsted hosiery yarn, <85% wool
HSN Code 51072010 represents Worsted hosiery yarn, <85% wool under GST classification. This code helps businesses identify Worsted hosiery yarn, <85% wool correctly for billing, taxation, and trade. With HSN Code 51072010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Worsted hosiery yarn, <85% wool.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 51072010
HSN Code 51072010 relates to the following description.
What does HSN Code 51072010 not include?
Worsted hosiery yarn, <85% wool does not include products with the following descriptions.
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted hosiery yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted knitted yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted weaving yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Woollen carpet yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Other
Containing less than 85% by weight of wool : Worsted knitted yarn
Containing less than 85% by weight of wool : Worsted weaving yarn
Containing less than 85% by weight of wool : Woollen carpet yarn
Containing less than 85% by weight of wool : Other
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted hosiery yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted knitted yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Worsted weaving yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Woollen carpet yarn
CONTAINING 85% OR MORE BY WEIGHT OF WOOL : Other
Containing less than 85% by weight of wool : Worsted knitted yarn
Containing less than 85% by weight of wool : Worsted weaving yarn
Containing less than 85% by weight of wool : Woollen carpet yarn
Containing less than 85% by weight of wool : Other
India’s Trade Performance — HSN Code 51072010 in FY 2024-25
India’s Exports
FY 2024-25₹8 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹8 Cr
Surplus rank #3450 of 12657 HSN codes
% of Sub-Chapter 5107
FY 2024-251.19%
Share of Sub-Chapter 5107’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 5107’s imports
Rank Within Sub-Chapter 5107
FY 2024-25#7 of 10
Position by export value among HSN codes in Sub-Chapter 5107
At a glance
−4.18%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6032
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+180.98%
Peak Growth Year
FY 2020-21 · strongest single-year move
1.19%
Contribution to Sub-Ch. 5107
Share of Sub-Chapter 5107 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 51072010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+10.49
Exports
10.49 ₹ Cr
0.0005% share
— YoY
1.28% of Sub-Ch. 5107
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5107
Balance
+5.71
Exports
5.94 ₹ Cr
0.0003% share
−43.37% YoY
0.86% of Sub-Ch. 5107
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.81% of Sub-Ch. 5107
Balance
+16.39
Exports
16.69 ₹ Cr
0.0008% share
+180.98% YoY
4.01% of Sub-Ch. 5107
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+30.43% YoY
1.17% of Sub-Ch. 5107
Balance
+19.25
Exports
19.25 ₹ Cr
0.0006% share
+15.34% YoY
3.38% of Sub-Ch. 5107
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5107
Balance
+20.49
Exports
20.49 ₹ Cr
0.0006% share
+6.44% YoY
2.32% of Sub-Ch. 5107
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5107
Balance
+12.82
Exports
12.82 ₹ Cr
0.0004% share
−37.43% YoY
1.36% of Sub-Ch. 5107
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5107
Balance
+8.12
Exports
8.12 ₹ Cr
0.0002% share
−36.66% YoY
1.19% of Sub-Ch. 5107
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5107
CAGR · 7-Year
Exports
−4.18% /yr
Imports
—
reference, FY 2024-25
Export
₹681.50 Cr
Import
₹22.82 Cr
Trade Balance
+658.68
Key Trade Insights: HSN Code 51072010 Export-Import Analysis
Export Decline: −4.18% CAGR Over 7 Years
India's exports under HSN Code 51072010 have declined at a compound annual rate of −4.18% over 7 fiscal years, falling from ₹10.49 Crore in FY 2018-19 to ₹8.12 Crore in FY 2024-25.
HSN Code 51072010 Ranked #6032 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 51072010 ranks #6032 out of 12657 HSN codes by total export value. Within Sub-Chapter 5107, it ranks #7 of 10. By trade surplus, it ranks #3450 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 51072010 Exports
The strongest single-year export movement for HSN Code 51072010 was recorded in FY 2020-21, when exports surged by 180.98% over the prior year.
India Maintains a Trade Surplus of ₹8.12 Crore in HSN Code 51072010 Goods
In FY 2024-25, India's exports of ₹8.12 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹8.12 Crore — ranking #3450 of 12657 by surplus magnitude.
HSN Code 51072010 Contributes 1.19% of Sub-Chapter 5107 Exports — Ranked #7
Among the 10 HSN codes under Sub-Chapter 5107, HSN Code 51072010 ranks #7 by export value — accounting for 1.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 51072010 and GST compliance.
What products are classified under HSN 51072010 ?
It includes Worsted weaving yarn, <85% wool
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.
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 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).
How much GST applies to Worsted hosiery yarn, <85% wool?
Under HSN 51072010, Worsted hosiery yarn, <85% wool attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
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.