--- title: "HSN Code for Raw Abaca Fibres | HSN 53050050 GST Rate" description: "Find HSN and GST Rates for 53050050 related to Raw Abaca Fibres with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-53050050/" --- # HSN Code 53050050: Raw Abaca Fibres - [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): Of Abaca (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): Of Abaca (Other than pre packaged and labelled) | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 53050050 ? It includes Single : Put up for retail sale ### Can we claim ITC on inputs used to trade Raw Abaca Fibres? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Raw Abaca Fibres? 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. ### Any common misclassification issue with Raw Abaca Fibres? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Raw Abaca Fibres is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Raw Abaca Fibres; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Raw Abaca Fibres? 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. ## India's trade performance: HSN Code 53050050 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+257.14% YoY) — 0.0000% of India's total exports - Imports: ₹3 Cr (+169.16% YoY) — 0.0000% of India's total imports - Trade balance: −₹3 Cr (Deficit); surplus rank #8306 of 12657 HSN codes - Share of Sub-Chapter 5305: 0.01% of its exports; import side 7.84% - Rank within Sub-Chapter 5305: #5 of 15 by export value; import-side #2 ### Key metrics - National export rank: #9301 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +257.14% in FY 2024-25 - Contribution to Sub-Ch. 5305: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 53050050 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 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 2.19% | −0.86 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −93.02% | 0.14% | −0.06 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | 1.31 | 0.0000% | +2,083.33% | 2.77% | −1.31 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | 1.54 | 0.0000% | +17.56% | 2.75% | −1.54 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | −67.53% | 1.01% | −0.45 | #9890 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +40.00% | 0.00% | 1.07 | 0.0000% | +114.00% | 2.78% | −1.00 | #9929 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +257.14% | 0.01% | 2.88 | 0.0000% | +169.16% | 7.84% | −2.63 | #9301 | - CAGR (7-year): exports —/yr, imports 22.32%/yr (consistently Deficit) ## Key trade insights: HSN Code 53050050 export-import analysis ### Export snapshot for HSN Code 53050050 India exported ₹0.25 Crore worth of Raw Abaca Fibres in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 53050050 ranked #9301 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 53050050 ranks #9301 out of 12657 HSN codes by total export value. Within Sub-Chapter 5305, it ranks #5 of 15. By trade surplus, it ranks #8306 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 53050050 exports The strongest single-year export movement for HSN Code 53050050 was recorded in FY 2024-25, when exports surged by 257.14% over the prior year. ### India records a trade deficit of ₹2.63 Crore in HSN Code 53050050 goods In FY 2024-25, India's imports of ₹2.88 Cr exceeded exports of ₹0.25 Cr, resulting in a trade deficit of ₹2.63 Crore — ranking #8306 of 12657 by surplus magnitude. ### Import growth of 22.32% CAGR signals rising demand for Raw Abaca Fibres India's imports under HSN Code 53050050 have grown at 22.32% CAGR, reaching ₹2.88 Crore in FY 2024-25. ### HSN Code 53050050 contributes 0.01% of Sub-Chapter 5305 exports — ranked #5 Among the 15 HSN codes under Sub-Chapter 5305, HSN Code 53050050 ranks #5 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.84% share (rank #2). ## 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](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 (this hsn code) | < ₹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/) | — |