Find GST Rates & HSN

HSN Code 53061010: Single : Put up for retail sale

HSN Code 53061010 represents Single : Put up for retail sale under GST classification. This code helps businesses identify Single : Put up for retail sale correctly for billing, taxation, and trade. With HSN Code 53061010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Single : Put up for retail sale.

Free Live Demo Available Today

Don’t Let HSN Mistakes Affect Your GST Filing

Manage correct HSN codes and GST rates with BUSY.

Trusted by 6,00,000+ Users
4.6 Google Rating
40K+ Monthly Downloads
Free Mobile App
+91

* No credit card required

Description of Goods for HSN Code 53061010

HSN Code 53061010 relates to the following description.

Description of Goods

Single : Put up for retail sale

Chapter

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

Sub Chapter

5306 - Flax yarn: All goods [other than coconut coir fibre] including yarn of flax, jute, other textile bast fibres, other vegetable textile fibres; paper yarn, including coir pith compost, other than pre-packaged and labelled

CGST

0%

SGST

0%

IGST

0%

CESS

0%

Description of Goods

Single : Put up for retail sale

Chapter

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

Sub Chapter

5306 - Flax yarn: All goods [other than coconut coir fibre] including yarn of flax, jute, other textile bast fibres, other vegetable textile fibres; paper yarn, including coir pith compost, other than pre-packaged and labelled

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 53061010 not include?

Single : Put up for retail sale does not include products with the following descriptions.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91

* No credit card required

India’s Trade Performance — HSN Code 53061010 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

₹20 Cr

+192.24% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹19 Cr

Trade Surplus

Surplus rank #2881 of 12657 HSN codes

% of Sub-Chapter 5306

FY 2024-25

12.31%

Share of Sub-Chapter 5306’s total exports in FY 2024-25

Import side: 0.13% of Sub-Chapter 5306’s imports

Rank Within Sub-Chapter 5306

FY 2024-25

#3 of 4

Position by export value among HSN codes in Sub-Chapter 5306

Import-side rank: #3 of 4

At a glance

53.45%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4910

National Export Rank

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

+1,404.84%

Peak Growth Year

FY 2022-23 · strongest single-year move

12.31%

Contribution to Sub-Ch. 5306

Share of Sub-Chapter 5306 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 53061010

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 Exp. Rank #7244

Balance

−28.38

Exports

1.50 ₹ Cr

0.0001% share

YoY

8.43% of Sub-Ch. 5306

Imports

29.88 ₹ Cr

0.0008% share

YoY

5.53% of Sub-Ch. 5306

FY 2019-20 Exp. Rank #7379

Balance

+0.85

Exports

1.26 ₹ Cr

0.0001% share

−16.00% YoY

2.58% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.63% YoY

0.13% of Sub-Ch. 5306

FY 2020-21 Exp. Rank #9417

Balance

−1.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−94.44% YoY

0.31% of Sub-Ch. 5306

Imports

1.66 ₹ Cr

0.0001% share

+304.88% YoY

0.81% of Sub-Ch. 5306

FY 2021-22 Exp. Rank #8422

Balance

+0.60

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+785.71% YoY

1.04% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.80% YoY

0.00% of Sub-Ch. 5306

FY 2022-23 Exp. Rank #5720

Balance

+9.33

Exports

9.33 ₹ Cr

0.0003% share

+1,404.84% YoY

10.53% of Sub-Ch. 5306

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 5306

FY 2023-24 Exp. Rank #6215

Balance

+6.70

Exports

6.70 ₹ Cr

0.0002% share

−28.19% YoY

6.57% of Sub-Ch. 5306

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5306

FY 2024-25 Exp. Rank #4910

Balance

+18.59

Exports

19.58 ₹ Cr

0.0005% share

+192.24% YoY

12.31% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.13% of Sub-Ch. 5306

CAGR · 7-Year

Exports

53.45% /yr

Imports

−43.33% /yr

Consistently Surplus
Sub-Chapter 5306 total

reference, FY 2024-25

Export

₹159.09 Cr

Import

₹734.69 Cr

Trade Balance

−575.60

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

Key Trade Insights: HSN Code 53061010 Export-Import Analysis

Consistent Export Growth: 53.45% CAGR Over 7 Years

India's exports under HSN Code 53061010 have grown at a compound annual rate of 53.45% over 7 fiscal years, rising from ₹1.50 Crore in FY 2018-19 to ₹19.58 Crore in FY 2024-25.

HSN Code 53061010 Ranked #4910 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 53061010 ranks #4910 out of 12657 HSN codes by total export value. Within Sub-Chapter 5306, it ranks #3 of 4. By trade surplus, it ranks #2881 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 53061010 Exports

The strongest single-year export movement for HSN Code 53061010 was recorded in FY 2022-23, when exports surged by 1,404.84% over the prior year.

India Maintains a Trade Surplus of ₹18.59 Crore in HSN Code 53061010 Goods

In FY 2024-25, India's exports of ₹19.58 Cr exceeded imports of ₹0.99 Cr, resulting in a trade surplus of ₹18.59 Crore — ranking #2881 of 12657 by surplus magnitude.

Import Growth of −43.33% CAGR Signals Stable Import Dependency for Single : Put up for retail sale

India's imports under HSN Code 53061010 have grown at −43.33% CAGR, reaching ₹0.99 Crore in FY 2024-25.

HSN Code 53061010 Contributes 12.31% of Sub-Chapter 5306 Exports — Ranked #3

Among the 4 HSN codes under Sub-Chapter 5306, HSN Code 53061010 ranks #3 by export value — accounting for 12.31% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #3).

Frequently Asked Questions

Clear answers to common queries about HSN Code 53061010 and GST compliance.

What products are classified under HSN 53061010 ?

It includes Retail sale yarn

Any common misclassification issue with Single : Put up for retail sale?

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 Single : Put up for retail sale?

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.

How should mixed supplies be billed when Single : Put up for retail sale is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Single : Put up for retail sale; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Single : Put up for retail sale?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Single : Put up for retail sale?

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.