HSN Code 53050050: Raw Abaca Fibres

HSN Code 53050050 represents Raw Abaca Fibres under GST classification. This code helps businesses identify Raw Abaca Fibres correctly for billing, taxation, and trade. With HSN Code 53050050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Raw Abaca Fibres.

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Description of Goods for HSN Code 53050050

HSN Code 53050050 relates to the following description.

Description of Goods

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)

Chapter

53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn

Sub Chapter

5305 - Coconut, abaca (manila hemp or musa textiles nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garneted stock)

CGST

0%

SGST

0%

IGST

0%

CESS

0%

Description of Goods

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)

Chapter

53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn

Sub Chapter

5305 - Coconut, abaca (manila hemp or musa textiles nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garneted stock)

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 53050050 not include?

Raw Abaca Fibres does not include products with the following descriptions.

HSN Code 53050010

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 bristles fibre, coir mattress fibre, coir short fibre, coir bit fibre, decorticated coir fibre (coconut, coir fibre)

HSN Code 53050010

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 bristles fibre, coir mattress fibre, coir short fibre, coir bit fibre, decorticated coir fibre (Other than pre packaged and labelled)

HSN Code 53050030

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)

HSN Code 53050030

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)

HSN Code 53050040

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)

HSN Code 53050040

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)

HSN Code 53050090

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 others (coconut, coir fibre)

HSN Code 53050090

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 others (Other than pre packaged and labelled)

HSN Code 53051110

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of coconut (coir) : raw : coir bristle fibre

HSN Code 53051120

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of coconut (coir) : raw : coir mattress fibre

HSN Code 53051130

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of coconut (coir) : raw : curled or machine twisted coir fibre

HSN Code 53051140

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of coconut (coir) : raw : coir pith

HSN Code 53051190

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of coconut (coir) :raw : other

HSN Code 53051900

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of coconut (coir) :other:

HSN Code 53052100

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of abaca : raw

HSN Code 53052900

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) of abaca :other

HSN Code 53059010

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) other : ramie or china grass

HSN Code 53059090

Coconut, abaca (manila hemp or musa textilis nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) other :other

India’s Trade Performance — HSN Code 53050050 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

+257.14% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

+169.16% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹3 Cr

Trade Deficit

Surplus rank #8306 of 12657 HSN codes

% of Sub-Chapter 5305

FY 2024-25

0.01%

Share of Sub-Chapter 5305’s total exports in FY 2024-25

Import side: 7.84% of Sub-Chapter 5305’s imports

Rank Within Sub-Chapter 5305

FY 2024-25

#5 of 15

Position by export value among HSN codes in Sub-Chapter 5305

Import-side rank: #2 of 15

At a glance

#9301

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+257.14%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.01%

Contribution to Sub-Ch. 5305

Share of Sub-Chapter 5305 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19

Balance

−0.86

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5305

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

2.19% of Sub-Ch. 5305

FY 2019-20

Balance

−0.06

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5305

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−93.02% YoY

0.14% of Sub-Ch. 5305

FY 2020-21

Balance

−1.31

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5305

Imports

1.31 ₹ Cr

0.0000% share

+2,083.33% YoY

2.77% of Sub-Ch. 5305

FY 2021-22

Balance

−1.54

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5305

Imports

1.54 ₹ Cr

0.0000% share

+17.56% YoY

2.75% of Sub-Ch. 5305

FY 2022-23 Exp. Rank #9890

Balance

−0.45

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 5305

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−67.53% YoY

1.01% of Sub-Ch. 5305

FY 2023-24 Exp. Rank #9929

Balance

−1.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+40.00% YoY

0.00% of Sub-Ch. 5305

Imports

1.07 ₹ Cr

0.0000% share

+114.00% YoY

2.78% of Sub-Ch. 5305

FY 2024-25 Exp. Rank #9301

Balance

−2.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+257.14% YoY

0.01% of Sub-Ch. 5305

Imports

2.88 ₹ Cr

0.0000% share

+169.16% YoY

7.84% of Sub-Ch. 5305

CAGR · 7-Year

Exports

—

Imports

22.32% /yr

Consistently Deficit
Sub-Chapter 5305 total

reference, FY 2024-25

Export

₹3,212.33 Cr

Import

₹36.73 Cr

Trade Balance

+3,175.60

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 53050050 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.