HSN Code 53021000 represents True Hemp, Raw Or Retted under GST classification. This code helps businesses identify True Hemp, Raw Or Retted correctly for billing, taxation, and trade. With HSN Code 53021000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of True Hemp, Raw Or Retted.
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HSN Code 53021000 relates to the following description.
Description of Goods
True hemp, raw or retted
Chapter
53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Sub Chapter
5302 - True hemp (cannabis sativa l ), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock)
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
True Hemp, Raw Or Retted does not include products with the following descriptions.
Other
Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹7 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹7 Cr
Surplus rank #8778 of 12657 HSN codes
% of Sub-Chapter 5302
FY 2024-2527.78%
Share of Sub-Chapter 5302’s total exports in FY 2024-25
Import side: 63.67% of Sub-Chapter 5302’s imports
Rank Within Sub-Chapter 5302
FY 2024-25#2 of 2
Position by export value among HSN codes in Sub-Chapter 5302
Import-side rank: #1 of 2
At a glance
#10034
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+100.00%
Peak Growth Year
FY 2021-22 · strongest single-year move
27.78%
Contribution to Sub-Ch. 5302
Share of Sub-Chapter 5302 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5302
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5302
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5302
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5302
Balance
+0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
75.00% of Sub-Ch. 5302
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5302
Balance
+0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+100.00% YoY
66.67% of Sub-Ch. 5302
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.51% of Sub-Ch. 5302
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5302
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5302
Balance
−10.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
30.00% of Sub-Ch. 5302
Imports
10.07 ₹ Cr
0.0002% share
— YoY
97.01% of Sub-Ch. 5302
Balance
−6.61
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−16.67% YoY
27.78% of Sub-Ch. 5302
Imports
6.66 ₹ Cr
0.0001% share
−33.86% YoY
63.67% of Sub-Ch. 5302
India exported ₹0.05 Crore worth of True Hemp, Raw Or Retted in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 53021000 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 5302, it ranks #2 of 2. By trade surplus, it ranks #8778 of 12657.
The strongest single-year export movement for HSN Code 53021000 was recorded in FY 2021-22, when exports surged by 100.00% over the prior year.
In FY 2024-25, India's imports of ₹6.66 Cr exceeded exports of ₹0.05 Cr, resulting in a trade deficit of ₹6.61 Crore — ranking #8778 of 12657 by surplus magnitude.
Among the 2 HSN codes under Sub-Chapter 5302, HSN Code 53021000 ranks #2 by export value — accounting for 27.78% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 63.67% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 53021000 and GST compliance.
It includes Jute and other textile bast fibres, raw or retted: Jute, raw or retted
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Under HSN 53021000, True Hemp, Raw Or Retted attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for True Hemp, Raw Or Retted; Nil for exempt items if applicable).