--- title: "HSN Code for Vegetable Fibres | Coir Fibre | HSN 53050030 GST Rate" description: "Find HSN and GST Rates for 53050030 related to Vegetable Fibres | Coir Fibre with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-53050030/" --- # HSN Code 53050030: Vegetable Fibres | Coir Fibre - [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 5305: Vegetable textile fibers](https://busy.in/hsn/sub-chapter-5305/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Coconut, abaca (Manila hemp or Musa textilisNee), ramie and other vegetable textile fibres, notelsewhere specified or included, raw or processedbut not spun; tow, noils and waste of these fibres(including yarn waste and garneted stock): Curled or machine twisted coir fibre (coconut, coir fibre) | 0% | 0% | 0% | 0% | | Coconut, abaca (Manila hemp or Musa textilisNee), ramie and other vegetable textile fibres, notelsewhere specified or included, raw or processedbut not spun; tow, noils and waste of these fibres(including yarn waste and garneted stock): Curled or machine twisted coir fibre (Other than pre packaged and labelled) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 53050030 ? It includes Raw Abaca Fibres ### How should mixed supplies be billed when Vegetable Fibres / Coir Fibre is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vegetable Fibres / Coir Fibre; Nil for exempt items if applicable). ### Any common misclassification issue with Vegetable Fibres / Coir Fibre? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Vegetable Fibres / Coir Fibre? 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. ### Can we claim ITC on inputs used to trade Vegetable Fibres / Coir Fibre? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Vegetable Fibres / Coir Fibre? Under HSN 53050030, Vegetable Fibres / Coir Fibre attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 53050030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹20 Cr (−9.17% YoY) — 0.0005% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: ₹20 Cr (Surplus); surplus rank #2824 of 12657 HSN codes - Share of Sub-Chapter 5305: 0.61% of its exports; import side 0.00% - Rank within Sub-Chapter 5305: #3 of 15 by export value ### Key metrics - Export CAGR: -12.17% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4902 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: −3.31% in FY 2022-23 - Contribution to Sub-Ch. 5305: 0.61% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 53050030 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. 5305 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5305 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 42.92 | 0.0019% | — | 2.26% | < ₹1 Crore | 0.0000% | — | 0.31% | +42.80 | #3104 | | FY 2019-20 | 39.18 | 0.0018% | −8.71% | 2.03% | < ₹1 Crore | 0.0000% | −75.00% | 0.07% | +39.15 | #3242 | | FY 2020-21 | 35.26 | 0.0016% | −10.01% | 1.34% | < ₹1 Crore | 0.0000% | +233.33% | 0.21% | +35.16 | #3435 | | FY 2021-22 | 26.62 | 0.0008% | −24.50% | 0.82% | < ₹1 Crore | 0.0000% | +30.00% | 0.23% | +26.49 | #4196 | | FY 2022-23 | 25.74 | 0.0007% | −3.31% | 1.25% | < ₹1 Crore | 0.0000% | −53.85% | 0.12% | +25.68 | #4358 | | FY 2023-24 | 21.69 | 0.0006% | −15.73% | 0.92% | < ₹1 Crore | 0.0000% | +50.00% | 0.23% | +21.60 | #4660 | | FY 2024-25 | 19.70 | 0.0005% | −9.17% | 0.61% | Nil | 0.0000% | −100.00% | 0.00% | +19.70 | #4902 | - CAGR (7-year): exports -12.17%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 53050030 export-import analysis ### Export decline: -12.17% CAGR over 7 years India's exports under HSN Code 53050030 have declined at a compound annual rate of -12.17% over 7 fiscal years, falling from ₹42.92 Crore in FY 2018-19 to ₹19.70 Crore in FY 2024-25. ### HSN Code 53050030 ranked #4902 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 53050030 ranks #4902 out of 12657 HSN codes by total export value. Within Sub-Chapter 5305, it ranks #3 of 15. By trade surplus, it ranks #2824 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 53050030 exports The strongest single-year export movement for HSN Code 53050030 was recorded in FY 2022-23, when exports declined by 3.31% over the prior year. ### India maintains a trade surplus of ₹19.70 Crore in HSN Code 53050030 goods In FY 2024-25, India's exports of ₹19.70 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹19.70 Crore — ranking #2824 of 12657 by surplus magnitude. ### HSN Code 53050030 contributes 0.61% of Sub-Chapter 5305 exports — ranked #3 Among the 15 HSN codes under Sub-Chapter 5305, HSN Code 53050030 ranks #3 by export value — accounting for 0.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 5305 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 53050040: Processed Coir Pith (Horticulture Use)](https://busy.in/hsn/hsn-53050040/) | ₹2,656 Cr | | #2 | [HSN Code 53050010: Coir bristle and mattress fibres](https://busy.in/hsn/hsn-53050010/) | ₹530 Cr | | #3 | HSN Code 53050030: Vegetable Fibres \| Coir Fibre (this hsn code) | ₹20 Cr | | #4 | [HSN Code 53050090: Vegetable Textile Fibres\| Abaca And Ramie](https://busy.in/hsn/hsn-53050090/) | ₹6 Cr | | #5 | [HSN Code 53050050: Raw Abaca Fibres](https://busy.in/hsn/hsn-53050050/) | < ₹1 Crore | | — | [HSN Code 53051110: Coir Mattress Fibre Raw](https://busy.in/hsn/hsn-53051110/) | — | | — | [HSN Code 53051120: Curled Machine Twisted Coir Fibre Raw](https://busy.in/hsn/hsn-53051120/) | — | | — | [HSN Code 53051130: Coir Pith Raw](https://busy.in/hsn/hsn-53051130/) | — | | — | [HSN Code 53051140: Other Raw Coir Fibre](https://busy.in/hsn/hsn-53051140/) | — | | — | [HSN Code 53051190: Other Coir Fibre](https://busy.in/hsn/hsn-53051190/) | — |