--- title: "HSN Code for Woollen carpet yarn | HSN 51072040 GST Rate" description: "Find HSN and GST Rates for 51072040 related to Woollen carpet yarn with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-51072040/" --- # HSN Code 51072040: Woollen carpet yarn - [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 less than 85% by weight of wool : Woollen carpet yarn | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 51072040 ? It includes Carded ### Do e‑way bill and e‑invoice apply for Woollen carpet yarn? 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 Woollen carpet yarn? 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 Woollen carpet yarn? 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 Woollen carpet yarn? Under HSN 51072040, Woollen carpet yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Woollen carpet yarn is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Woollen carpet yarn; Nil for exempt items if applicable). ## India's trade performance: HSN Code 51072040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+1,033.33% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4931 of 12657 HSN codes - Share of Sub-Chapter 5107: 0.05% of its exports; import side 0.00% - Rank within Sub-Chapter 5107: #10 of 10 by export value ### Key metrics - Export CAGR: 49.87% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9126 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,033.33% in FY 2024-25 - Contribution to Sub-Ch. 5107: 0.05% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 51072040 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 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.03 | #9664 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.02 | #9824 | | FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.02 | #10058 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +50.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.03 | #10045 | | FY 2023-24 | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | Nil | 0.0000% | — | 0.00% | +0.03 | #10223 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +1,033.33% | 0.05% | Nil | 0.0000% | — | 0.00% | +0.34 | #9126 | - CAGR (7-year): exports 49.87%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 51072040 export-import analysis ### Consistent export growth: 49.87% CAGR over 7 years India's exports under HSN Code 51072040 have grown at a compound annual rate of 49.87% over 7 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹0.34 Crore in FY 2024-25. ### HSN Code 51072040 ranked #9126 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 51072040 ranks #9126 out of 12657 HSN codes by total export value. Within Sub-Chapter 5107, it ranks #10 of 10. By trade surplus, it ranks #4931 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 51072040 exports The strongest single-year export movement for HSN Code 51072040 was recorded in FY 2024-25, when exports surged by 1,033.33% over the prior year. ### India maintains a trade surplus of ₹0.34 Crore in HSN Code 51072040 goods In FY 2024-25, India's exports of ₹0.34 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.34 Crore — ranking #4931 of 12657 by surplus magnitude. ### HSN Code 51072040 contributes 0.05% of Sub-Chapter 5107 exports — ranked #10 Among the 10 HSN codes under Sub-Chapter 5107, HSN Code 51072040 ranks #10 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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](https://busy.in/hsn/hsn-51071040/) | ₹3 Cr | | #10 | HSN Code 51072040: Woollen carpet yarn (this hsn code) | < ₹1 Crore |