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.
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HSN Code 53061010 relates to the following description.
Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
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
Single : Put up for retail sale
0%
0%
0%
0%
Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
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
Single : Put up for retail sale
2.5%
2.5%
5%
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
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%
Single : Put up for retail sale does not include products with the following descriptions.
Single : Other
Single : Other
Multiple (folded) or cabled : Put up for retail sale
Multiple (folded) or cabled : Put up for retail sale
Multiple (folded) or cabled : Other
Multiple (folded) or cabled : Other
India’s Exports
FY 2024-25₹20 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹19 Cr
Surplus rank #2881 of 12657 HSN codes
% of Sub-Chapter 5306
FY 2024-2512.31%
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
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
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
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
reference, FY 2024-25
Export
₹159.09 Cr
Import
₹734.69 Cr
Trade Balance
−575.60
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.
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.
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.
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.
India's imports under HSN Code 53061010 have grown at −43.33% CAGR, reaching ₹0.99 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 53061010 and GST compliance.
It includes Retail sale yarn
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.