HSN Code 53039010 represents Other | Jute Cutting under GST classification. This code helps businesses identify Other | Jute Cutting correctly for billing, taxation, and trade. With HSN Code 53039010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Jute Cutting.
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HSN Code 53039010 relates to the following description.
Description of Goods
Other : Jute cutting
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%
Other | Jute Cutting does not include products with the following descriptions.
Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted
Jute and other textile bast fibres, raw or retted: Jute, raw or retted
Jute and other textile bast fibres, raw or retted but not spun: Other
Jute and other textile bast fibres, raw or retted: Other
Other : Other
Jute and other textile bast fibres, raw or retted but not spun: Jute, raw or retted
Jute and other textile bast fibres, raw or retted: Jute, raw or retted
Jute and other textile bast fibres, raw or retted but not spun: Other
Jute and other textile bast fibres, raw or retted: Other
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5224 of 12657 HSN codes
% of Sub-Chapter 5303
FY 2024-250.08%
Share of Sub-Chapter 5303’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 5303’s imports
Rank Within Sub-Chapter 5303
FY 2024-25#4 of 4
Position by export value among HSN codes in Sub-Chapter 5303
At a glance
5.45%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9705
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+722.22%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.08%
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
−31.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.07% of Sub-Ch. 5303
Imports
31.18 ₹ Cr
0.0009% share
— YoY
13.18% of Sub-Ch. 5303
Balance
+0.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+12.50% YoY
0.09% of Sub-Ch. 5303
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5303
Balance
−1.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+722.22% YoY
0.38% of Sub-Ch. 5303
Imports
1.85 ₹ Cr
0.0001% share
— YoY
1.03% of Sub-Ch. 5303
Balance
+1.20
Exports
1.20 ₹ Cr
0.0000% share
+62.16% YoY
0.53% of Sub-Ch. 5303
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5303
Balance
−0.05
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−70.83% YoY
0.18% of Sub-Ch. 5303
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.05% of Sub-Ch. 5303
Balance
+0.02
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−94.29% YoY
0.02% of Sub-Ch. 5303
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5303
Balance
+0.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+450.00% YoY
0.08% of Sub-Ch. 5303
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5303
CAGR · 7-Year
Exports
5.45% /yr
Imports
—
reference, FY 2024-25
Export
₹135.13 Cr
Import
₹676.84 Cr
Trade Balance
−541.71
India's exports under HSN Code 53039010 have grown at a compound annual rate of 5.45% over 7 fiscal years, rising from ₹0.08 Crore in FY 2018-19 to ₹0.11 Crore in FY 2024-25.
In FY 2024-25, HSN Code 53039010 ranks #9705 out of 12657 HSN codes by total export value. Within Sub-Chapter 5303, it ranks #4 of 4. By trade surplus, it ranks #5224 of 12657.
The strongest single-year export movement for HSN Code 53039010 was recorded in FY 2020-21, when exports surged by 722.22% over the prior year.
In FY 2024-25, India's exports of ₹0.11 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.11 Crore — ranking #5224 of 12657 by surplus magnitude.
Among the 4 HSN codes under Sub-Chapter 5303, HSN Code 53039010 ranks #4 by export value — accounting for 0.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Clear answers to common queries about HSN Code 53039010 and GST compliance.
It includes Coir bristle and mattress fibres
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Jute Cutting; Nil for exempt items if applicable).
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.