HSN Code 53031010 represents Jute and other textile bast fibres, raw or retted: Jute, raw or retted under GST classification. This code helps businesses identify Jute and other textile bast fibres, raw or retted: Jute, raw or retted correctly for billing, taxation, and trade. With HSN Code 53031010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Jute and other textile bast fibres, raw or retted: Jute, raw or retted.
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HSN Code 53031010 relates to the following description.
Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Jute and other textile bast fibres (excluding flax, true hemp and ramie),raw or processed but not spun; tow and waste of these fibres(including yarn waste and garnetted stock)
Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted
0%
0%
0%
0%
Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Jute and other textile bast fibres (excluding flax, true hemp and ramie),raw or processed but not spun; tow and waste of these fibres(including yarn waste and garnetted stock)
Jute and other textile bast fibres, raw or retted: Jute, raw or retted
2.5%
2.5%
5%
0%
Description of Goods
Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted
Chapter
53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Sub Chapter
5303 - Jute and other textile bast fibres (excluding flax, true hemp and ramie),raw or processed but not spun; tow and waste of these fibres(including yarn waste and garnetted stock)
CGST
0%
SGST
0%
IGST
0%
CESS
0%
Description of Goods
Jute and other textile bast fibres, raw or retted: Jute, raw or retted
Chapter
53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Sub Chapter
5303 - Jute and other textile bast fibres (excluding flax, true hemp and ramie),raw or processed but not spun; tow and waste of these fibres(including yarn waste and garnetted stock)
CGST
2.5%
SGST
2.5%
IGST
5%
CESS
0%
Jute and other textile bast fibres, raw or retted: Jute, raw or retted does not include products with the following descriptions.
Jute and other textile bast fibres, raw or retted but not spun: Other
Jute and other textile bast fibres, raw or retted: Other
Other : Jute cutting
Other : Other
India’s Exports
FY 2024-25₹134 Cr
0.0036% of India’s total exports
India’s Imports
FY 2024-25₹672 Cr
0.0111% of India’s total imports
Trade Balance
FY 2024-25−₹538 Cr
Surplus rank #11948 of 12657 HSN codes
% of Sub-Chapter 5303
FY 2024-2599.27%
Share of Sub-Chapter 5303’s total exports in FY 2024-25
Import side: 99.24% of Sub-Chapter 5303’s imports
Rank Within Sub-Chapter 5303
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 5303
Import-side rank: #1 of 4
At a glance
3.73%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2296
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+84.50%
Peak Growth Year
FY 2020-21 · strongest single-year move
99.27%
Contribution to Sub-Ch. 5303
Share of Sub-Chapter 5303 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
−97.02
Exports
107.66 ₹ Cr
0.0047% share
— YoY
98.52% of Sub-Ch. 5303
Imports
204.68 ₹ Cr
0.0057% share
— YoY
86.51% of Sub-Ch. 5303
Balance
−247.00
Exports
103.39 ₹ Cr
0.0047% share
−3.97% YoY
98.12% of Sub-Ch. 5303
Imports
350.39 ₹ Cr
0.0105% share
+71.19% YoY
99.72% of Sub-Ch. 5303
Balance
+13.32
Exports
190.75 ₹ Cr
0.0089% share
+84.50% YoY
98.93% of Sub-Ch. 5303
Imports
177.43 ₹ Cr
0.0061% share
−49.36% YoY
98.81% of Sub-Ch. 5303
Balance
−227.96
Exports
221.44 ₹ Cr
0.0071% share
+16.09% YoY
98.20% of Sub-Ch. 5303
Imports
449.40 ₹ Cr
0.0098% share
+153.28% YoY
99.47% of Sub-Ch. 5303
Balance
−642.80
Exports
187.07 ₹ Cr
0.0052% share
−15.52% YoY
97.66% of Sub-Ch. 5303
Imports
829.87 ₹ Cr
0.0144% share
+84.66% YoY
97.68% of Sub-Ch. 5303
Balance
−644.85
Exports
121.22 ₹ Cr
0.0034% share
−35.20% YoY
98.01% of Sub-Ch. 5303
Imports
766.07 ₹ Cr
0.0136% share
−7.69% YoY
97.81% of Sub-Ch. 5303
Balance
−537.53
Exports
134.15 ₹ Cr
0.0036% share
+10.67% YoY
99.27% of Sub-Ch. 5303
Imports
671.68 ₹ Cr
0.0111% share
−12.32% YoY
99.24% of Sub-Ch. 5303
CAGR · 7-Year
Exports
3.73% /yr
Imports
21.90% /yr
reference, FY 2024-25
Export
₹135.13 Cr
Import
₹676.84 Cr
Trade Balance
−541.71
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.
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.
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.
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.
India's imports under HSN Code 53031010 have grown at 21.90% CAGR, reaching ₹671.68 Crore in FY 2024-25.
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).
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 53031010 and GST compliance.
It includes Other | Jute Cutting
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.
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.
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 Jute and other textile bast fibres, raw or retted: Jute, raw or retted; Nil for exempt items if applicable).