--- title: "HSN Code for Processed Coir Pith (Horticulture Use) | HSN 53050040 GST Rate" description: "Find HSN and GST Rates for 53050040 related to Processed Coir Pith (Horticulture Use) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-53050040/" --- # HSN Code 53050040: Processed Coir Pith (Horticulture Use) - [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): Coir pith, processed in value added form like briquette, coins, neo disc, grow bags, organicmanure and in loose form for use in horticultureor agriculture. (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): Coir pith, processed in value added form like briquette, coins, neo disc, grow bags, organicmanure and in loose form for use in horticultureor agriculture (Other than pre packaged and labelled) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 53050040 ? It includes Vegetable Textile Fibres| Abaca And Ramie ### Any common misclassification issue with Processed Coir Pith (Horticulture Use)? 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 Processed Coir Pith (Horticulture Use)? 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 Processed Coir Pith (Horticulture Use)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Processed Coir Pith (Horticulture Use) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Processed Coir Pith (Horticulture Use); Nil for exempt items if applicable). ### How much GST applies to Processed Coir Pith (Horticulture Use)? Under HSN 53050040, Processed Coir Pith (Horticulture Use) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 53050040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2,656 Cr (+44.31% YoY) — 0.0722% of India's total exports - Imports: ₹1 Cr (+58.33% YoY) — 0.0000% of India's total imports - Trade balance: ₹2,655 Cr (Surplus); surplus rank #136 of 12657 HSN codes - Share of Sub-Chapter 5305: 82.70% of its exports; import side 3.62% - Rank within Sub-Chapter 5305: #1 of 15 by export value; import-side #4 ### Key metrics - Export CAGR: 13.26% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #200 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +44.31% in FY 2024-25 - Contribution to Sub-Ch. 5305: 82.70% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 53050040 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 | 1,258.71 | 0.0551% | — | 66.36% | < ₹1 Crore | 0.0000% | — | 1.86% | +1,257.98 | #264 | | FY 2019-20 | 1,378.34 | 0.0626% | +9.50% | 71.34% | < ₹1 Crore | 0.0000% | −13.70% | 1.46% | +1,377.71 | #237 | | FY 2020-21 | 1,956.21 | 0.0910% | +41.93% | 74.36% | 1.04 | 0.0000% | +65.08% | 2.20% | +1,955.17 | #169 | | FY 2021-22 | 2,353.32 | 0.0750% | +20.30% | 72.26% | < ₹1 Crore | 0.0000% | −43.27% | 1.05% | +2,352.73 | #200 | | FY 2022-23 | 1,605.01 | 0.0443% | −31.80% | 78.13% | < ₹1 Crore | 0.0000% | −16.95% | 0.99% | +1,604.52 | #317 | | FY 2023-24 | 1,840.77 | 0.0509% | +14.69% | 77.83% | < ₹1 Crore | 0.0000% | +71.43% | 2.19% | +1,839.93 | #273 | | FY 2024-25 | 2,656.45 | 0.0722% | +44.31% | 82.70% | 1.33 | 0.0000% | +58.33% | 3.62% | +2,655.12 | #200 | - CAGR (7-year): exports 13.26%/yr, imports 10.52%/yr (consistently Surplus) ## Key trade insights: HSN Code 53050040 export-import analysis ### Consistent export growth: 13.26% CAGR over 7 years India's exports under HSN Code 53050040 have grown at a compound annual rate of 13.26% over 7 fiscal years, rising from ₹1,258.71 Crore in FY 2018-19 to ₹2,656.45 Crore in FY 2024-25. ### HSN Code 53050040 ranked #200 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 53050040 ranks #200 out of 12657 HSN codes by total export value. Within Sub-Chapter 5305, it ranks #1 of 15. By trade surplus, it ranks #136 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 53050040 exports The strongest single-year export movement for HSN Code 53050040 was recorded in FY 2024-25, when exports surged by 44.31% over the prior year. ### India maintains a trade surplus of ₹2,655.12 Crore in HSN Code 53050040 goods In FY 2024-25, India's exports of ₹2,656.45 Cr exceeded imports of ₹1.33 Cr, resulting in a trade surplus of ₹2,655.12 Crore — ranking #136 of 12657 by surplus magnitude. ### Import growth of 10.52% CAGR signals rising demand for Processed Coir Pith (Horticulture Use) India's imports under HSN Code 53050040 have grown at 10.52% CAGR, reaching ₹1.33 Crore in FY 2024-25. ### HSN Code 53050040 contributes 82.70% of Sub-Chapter 5305 exports — ranked #1 Among the 15 HSN codes under Sub-Chapter 5305, HSN Code 53050040 ranks #1 by export value — accounting for 82.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.62% share (rank #4). ## 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) (this hsn code) | ₹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](https://busy.in/hsn/hsn-53050030/) | ₹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/) | — |