HSN Code 53012900: Flax Processed but Not Spun: Other Varieties

HSN Code 53012900 represents Flax Processed but Not Spun: Other Varieties under GST classification. This code helps businesses identify Flax Processed but Not Spun: Other Varieties correctly for billing, taxation, and trade. With HSN Code 53012900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Flax Processed but Not Spun: Other Varieties.

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Description of Goods for HSN Code 53012900

HSN Code 53012900 relates to the following description.

Description of Goods

Flax, broken, scutched, hackled or otherwise processed, but not spun : Other

Chapter

53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn

Sub Chapter

5301 - Flax, raw or processed but not spun; flax tow and waste (including yarn waste and garnetted stock)

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 53012900 not include?

Flax Processed but Not Spun: Other Varieties does not include products with the following descriptions.

HSN Code 53012100

Flax, broken, scutched, hackled or otherwise processed, but not spun : Broken or scutched

India’s Trade Performance — HSN Code 53012900 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹32 Cr

−26.65% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹1,211 Cr

+84.35% vs FY 2023-24

0.0199% of India’s total imports

Trade Balance

FY 2024-25

−₹1,179 Cr

Trade Deficit

Surplus rank #12265 of 12657 HSN codes

% of Sub-Chapter 5301

FY 2024-25

79.20%

Share of Sub-Chapter 5301’s total exports in FY 2024-25

Import side: 51.33% of Sub-Chapter 5301’s imports

Rank Within Sub-Chapter 5301

FY 2024-25

#1 of 4

Position by export value among HSN codes in Sub-Chapter 5301

Import-side rank: #1 of 4

At a glance

35.49%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4229

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+92.31%

Peak Growth Year

FY 2019-20 · strongest single-year move

79.20%

Contribution to Sub-Ch. 5301

Share of Sub-Chapter 5301 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 53012900

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #5811

Balance

−236.35

Exports

5.20 ₹ Cr

0.0002% share

— YoY

33.94% of Sub-Ch. 5301

Imports

241.55 ₹ Cr

0.0067% share

— YoY

52.10% of Sub-Ch. 5301

FY 2019-20 Exp. Rank #5011

Balance

−311.79

Exports

10.00 ₹ Cr

0.0005% share

+92.31% YoY

33.08% of Sub-Ch. 5301

Imports

321.79 ₹ Cr

0.0096% share

+33.22% YoY

48.63% of Sub-Ch. 5301

FY 2020-21 Exp. Rank #5209

Balance

−215.28

Exports

9.01 ₹ Cr

0.0004% share

−9.90% YoY

38.75% of Sub-Ch. 5301

Imports

224.29 ₹ Cr

0.0077% share

−30.30% YoY

52.87% of Sub-Ch. 5301

FY 2021-22 Exp. Rank #4920

Balance

−354.47

Exports

15.67 ₹ Cr

0.0005% share

+73.92% YoY

35.20% of Sub-Ch. 5301

Imports

370.14 ₹ Cr

0.0081% share

+65.03% YoY

44.53% of Sub-Ch. 5301

FY 2022-23 Exp. Rank #4303

Balance

−420.00

Exports

27.01 ₹ Cr

0.0007% share

+72.37% YoY

45.87% of Sub-Ch. 5301

Imports

447.01 ₹ Cr

0.0078% share

+20.77% YoY

37.97% of Sub-Ch. 5301

FY 2023-24 Exp. Rank #3717

Balance

−613.20

Exports

43.86 ₹ Cr

0.0012% share

+62.38% YoY

68.56% of Sub-Ch. 5301

Imports

657.06 ₹ Cr

0.0117% share

+46.99% YoY

35.68% of Sub-Ch. 5301

FY 2024-25 Exp. Rank #4229

Balance

−1,179.13

Exports

32.17 ₹ Cr

0.0009% share

−26.65% YoY

79.20% of Sub-Ch. 5301

Imports

1,211.30 ₹ Cr

0.0199% share

+84.35% YoY

51.33% of Sub-Ch. 5301

CAGR · 7-Year

Exports

35.49% /yr

Imports

30.83% /yr

Consistently Deficit
Sub-Chapter 5301 total

reference, FY 2024-25

Export

₹40.62 Cr

Import

₹2,359.87 Cr

Trade Balance

−2,319.25

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

Key Trade Insights: HSN Code 53012900 Export-Import Analysis

Consistent Export Growth: 35.49% CAGR Over 7 Years

India's exports under HSN Code 53012900 have grown at a compound annual rate of 35.49% over 7 fiscal years, rising from ₹5.20 Crore in FY 2018-19 to ₹32.17 Crore in FY 2024-25.

HSN Code 53012900 Ranked #4229 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 53012900 ranks #4229 out of 12657 HSN codes by total export value. Within Sub-Chapter 5301, it ranks #1 of 4. By trade surplus, it ranks #12265 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 53012900 Exports

The strongest single-year export movement for HSN Code 53012900 was recorded in FY 2019-20, when exports surged by 92.31% over the prior year.

India Records a Trade Deficit of ₹1,179.13 Crore in HSN Code 53012900 Goods

In FY 2024-25, India's imports of ₹1,211.30 Cr exceeded exports of ₹32.17 Cr, resulting in a trade deficit of ₹1,179.13 Crore — ranking #12265 of 12657 by surplus magnitude.

Import Growth of 30.83% CAGR Signals Rising Demand for Flax Processed but Not Spun: Other Varieties

India's imports under HSN Code 53012900 have grown at 30.83% CAGR, reaching ₹1,211.30 Crore in FY 2024-25.

HSN Code 53012900 Contributes 79.20% of Sub-Chapter 5301 Exports — Ranked #1

Among the 4 HSN codes under Sub-Chapter 5301, HSN Code 53012900 ranks #1 by export value — accounting for 79.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 51.33% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 53012900 and GST compliance.

What products are classified under HSN 53012900 ?

It includes True Hemp, Raw Or Retted

Can we claim ITC on inputs used to trade Flax Processed but Not Spun: Other Varieties?

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

Do e‑way bill and e‑invoice apply for Flax Processed but Not Spun: Other Varieties?

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 Flax Processed but Not Spun: Other Varieties?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Flax Processed but Not Spun: Other Varieties?

Under HSN 53012900, Flax Processed but Not Spun: Other Varieties attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Flax Processed but Not Spun: Other Varieties is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Flax Processed but Not Spun: Other Varieties; Nil for exempt items if applicable).

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.