HSN Code 53062010: Retail sale yarn

HSN Code 53062010 represents Retail sale yarn under GST classification. This code helps businesses identify Retail sale yarn correctly for billing, taxation, and trade. With HSN Code 53062010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Retail sale yarn.

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Description of Goods for HSN Code 53062010

HSN Code 53062010 relates to the following description.

Description of Goods

Multiple (folded) or cabled : 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

Multiple (folded) or cabled : 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 53062010 not include?

Retail sale yarn does not include products with the following descriptions.

India’s Trade Performance — HSN Code 53062010 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

+400.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

0.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7638 of 12657 HSN codes

% of Sub-Chapter 5306

FY 2024-25

0.03%

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

Import side: 0.06% of Sub-Chapter 5306’s imports

Rank Within Sub-Chapter 5306

FY 2024-25

#4 of 4

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

Import-side rank: #4 of 4

At a glance

#10034

National Export Rank

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

+400.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.03%

Contribution to Sub-Ch. 5306

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

India Export-Import Trade Statistics for HSN Code 53062010

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

−1.64

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5306

Imports

1.64 ₹ Cr

0.0000% share

YoY

0.30% of Sub-Ch. 5306

FY 2019-20

Balance

−0.32

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−80.49% YoY

0.10% of Sub-Ch. 5306

FY 2020-21

Balance

−0.08

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

0.04% of Sub-Ch. 5306

FY 2021-22

Balance

−0.48

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+500.00% YoY

0.11% of Sub-Ch. 5306

FY 2022-23 Exp. Rank #10152

Balance

−0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−33.33% YoY

0.06% of Sub-Ch. 5306

FY 2023-24 Exp. Rank #10473

Balance

−0.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.01% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+40.63% YoY

0.08% of Sub-Ch. 5306

FY 2024-25 Exp. Rank #10034

Balance

−0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+400.00% YoY

0.03% of Sub-Ch. 5306

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.06% of Sub-Ch. 5306

CAGR · 7-Year

Exports

Imports

−19.39% /yr

Consistently Deficit
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 53062010 Export-Import Analysis

Export Snapshot for HSN Code 53062010

India exported ₹0.05 Crore worth of Retail sale yarn in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 53062010 Ranked #10034 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 53062010 ranks #10034 out of 12657 HSN codes by total export value. Within Sub-Chapter 5306, it ranks #4 of 4. By trade surplus, it ranks #7638 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 53062010 Exports

The strongest single-year export movement for HSN Code 53062010 was recorded in FY 2024-25, when exports surged by 400.00% over the prior year.

India Records a Trade Deficit of ₹0.40 Crore in HSN Code 53062010 Goods

In FY 2024-25, India's imports of ₹0.45 Cr exceeded exports of ₹0.05 Cr, resulting in a trade deficit of ₹0.40 Crore — ranking #7638 of 12657 by surplus magnitude.

Import Growth of −19.39% CAGR Signals Stable Import Dependency for Retail sale yarn

India's imports under HSN Code 53062010 have grown at −19.39% CAGR, reaching ₹0.45 Crore in FY 2024-25.

HSN Code 53062010 Contributes 0.03% of Sub-Chapter 5306 Exports — Ranked #4

Among the 4 HSN codes under Sub-Chapter 5306, HSN Code 53062010 ranks #4 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 53062010 and GST compliance.

What products are classified under HSN 53062010 ?

It includes Single : Of jute

Any common misclassification issue with 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.

How much GST applies to Retail sale yarn?

Under HSN 53062010, Retail sale yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Retail sale yarn?

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.

Do e‑way bill and e‑invoice apply for Retail sale yarn?

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 Retail sale yarn is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Retail sale yarn; Nil for exempt items if applicable).

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.