--- title: "HSN Code for Jute and other textile bast fibres, raw or retted: Jute, raw or retted | HSN 53031010 GST Rate" description: "Find HSN and GST Rates for 53031010 related to Jute and other textile bast fibres, raw or retted: Jute, raw or retted with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-53031010/" --- # HSN Code 53031010: Jute and other textile bast fibres, raw or retted: Jute, raw or retted - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 53: Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn](https://busy.in/hsn/chapter-53/) - [Sub-chapter 5303: Jute and bast fibers](https://busy.in/hsn/sub-chapter-5303/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted | 0% | 0% | 0% | 0% | | Jute and other textile bast fibres, raw or retted: Jute, raw or retted | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 53031010 ? It includes Other | Jute Cutting ### How much GST applies to Jute and other textile bast fibres, raw or retted: Jute, raw or retted? Under HSN 53031010, Jute and other textile bast fibres, raw or retted: Jute, raw or retted attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with 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. ### Does packaging or labelling change the GST for Jute and other textile bast fibres, raw or retted: Jute, raw or retted? 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. ### Do e‑way bill and e‑invoice apply for Jute and other textile bast fibres, raw or retted: Jute, raw or retted? 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 should mixed supplies be billed when Jute and other textile bast fibres, raw or retted: Jute, raw or retted is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Jute and other textile bast fibres, raw or retted: Jute, raw or retted; Nil for exempt items if applicable). ## India's trade performance: HSN Code 53031010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹134 Cr (+10.67% YoY) — 0.0036% of India's total exports - Imports: ₹672 Cr (−12.32% YoY) — 0.0111% of India's total imports - Trade balance: −₹538 Cr (Deficit); surplus rank #11948 of 12657 HSN codes - Share of Sub-Chapter 5303: 99.27% of its exports; import side 99.24% - Rank within Sub-Chapter 5303: #1 of 4 by export value; import-side #1 ### Key metrics - Export CAGR: 3.73% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2296 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +84.50% in FY 2020-21 - Contribution to Sub-Ch. 5303: 99.27% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 53031010 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. 5303 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5303 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 107.66 | 0.0047% | — | 98.52% | 204.68 | 0.0057% | — | 86.51% | −97.02 | #1926 | | FY 2019-20 | 103.39 | 0.0047% | −3.97% | 98.12% | 350.39 | 0.0105% | +71.19% | 99.72% | −247.00 | #1972 | | FY 2020-21 | 190.75 | 0.0089% | +84.50% | 98.93% | 177.43 | 0.0061% | −49.36% | 98.81% | +13.32 | #1413 | | FY 2021-22 | 221.44 | 0.0071% | +16.09% | 98.20% | 449.40 | 0.0098% | +153.28% | 99.47% | −227.96 | #1550 | | FY 2022-23 | 187.07 | 0.0052% | −15.52% | 97.66% | 829.87 | 0.0144% | +84.66% | 97.68% | −642.80 | #1803 | | FY 2023-24 | 121.22 | 0.0034% | −35.20% | 98.01% | 766.07 | 0.0136% | −7.69% | 97.81% | −644.85 | #2343 | | FY 2024-25 | 134.15 | 0.0036% | +10.67% | 99.27% | 671.68 | 0.0111% | −12.32% | 99.24% | −537.53 | #2296 | - CAGR (7-year): exports 3.73%/yr, imports 21.90%/yr (consistently Deficit) ## Key trade insights: HSN Code 53031010 export-import analysis ### Consistent export growth: 3.73% CAGR over 7 years India's exports under HSN Code 53031010 have grown at a compound annual rate of 3.73% over 7 fiscal years, rising from ₹107.66 Crore in FY 2018-19 to ₹134.15 Crore in FY 2024-25. ### HSN Code 53031010 ranked #2296 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 53031010 ranks #2296 out of 12657 HSN codes by total export value. Within Sub-Chapter 5303, it ranks #1 of 4. By trade surplus, it ranks #11948 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 53031010 exports The strongest single-year export movement for HSN Code 53031010 was recorded in FY 2020-21, when exports surged by 84.50% over the prior year. ### India records a trade deficit of ₹537.53 Crore in HSN Code 53031010 goods In FY 2024-25, India's imports of ₹671.68 Cr exceeded exports of ₹134.15 Cr, resulting in a trade deficit of ₹537.53 Crore — ranking #11948 of 12657 by surplus magnitude. ### Import growth of 21.90% CAGR signals rising demand for Jute and other textile bast fibres, raw or retted: Jute, raw or retted India's imports under HSN Code 53031010 have grown at 21.90% CAGR, reaching ₹671.68 Crore in FY 2024-25. ### HSN Code 53031010 contributes 99.27% of Sub-Chapter 5303 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 5303, HSN Code 53031010 ranks #1 by export value — accounting for 99.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 99.24% share (rank #1). ## Related HSN Codes in Sub-Chapter 5303 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 53031010: Jute and other textile bast fibres, raw or retted: Jute, raw or retted (this hsn code) | ₹134 Cr | | #2 | [HSN Code 53031090: Jute and textile bast fibres](https://busy.in/hsn/hsn-53031090/) | < ₹1 Crore | | #3 | [HSN Code 53039090: Other : Other](https://busy.in/hsn/hsn-53039090/) | < ₹1 Crore | | #4 | [HSN Code 53039010: Other \| Jute Cutting](https://busy.in/hsn/hsn-53039010/) | < ₹1 Crore |