HSN Code 53062090: Multiple (Folded) Or Cabled | Other

HSN Code 53062090 represents Multiple (Folded) Or Cabled | Other under GST classification. This code helps businesses identify Multiple (Folded) Or Cabled | Other correctly for billing, taxation, and trade. With HSN Code 53062090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Multiple (Folded) Or Cabled | Other.

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Description of Goods for HSN Code 53062090

HSN Code 53062090 relates to the following description.

Description of Goods

Multiple (folded) or cabled : Other

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 : Other

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 53062090 not include?

Multiple (Folded) Or Cabled | Other does not include products with the following descriptions.

India’s Trade Performance — HSN Code 53062090 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

₹45 Cr

+1,694.47% vs FY 2023-24

0.0012% of India’s total exports

India’s Imports

FY 2024-25

₹447 Cr

+42.58% vs FY 2023-24

0.0074% of India’s total imports

Trade Balance

FY 2024-25

−₹401 Cr

Trade Deficit

Surplus rank #11759 of 12657 HSN codes

% of Sub-Chapter 5306

FY 2024-25

28.54%

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

Import side: 60.82% of Sub-Chapter 5306’s imports

Rank Within Sub-Chapter 5306

FY 2024-25

#2 of 4

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

Import-side rank: #1 of 4

At a glance

71.73%

Export CAGR

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

#3752

National Export Rank

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

+1,694.47%

Peak Growth Year

FY 2024-25 · strongest single-year move

28.54%

Contribution to Sub-Ch. 5306

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

India Export-Import Trade Statistics for HSN Code 53062090

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 #7078

Balance

−158.23

Exports

1.77 ₹ Cr

0.0001% share

— YoY

9.94% of Sub-Ch. 5306

Imports

160.00 ₹ Cr

0.0045% share

— YoY

29.62% of Sub-Ch. 5306

FY 2019-20 Exp. Rank #7475

Balance

−142.59

Exports

1.14 ₹ Cr

0.0001% share

−35.59% YoY

2.33% of Sub-Ch. 5306

Imports

143.73 ₹ Cr

0.0043% share

−10.17% YoY

44.71% of Sub-Ch. 5306

FY 2020-21 Exp. Rank #7034

Balance

−79.35

Exports

1.93 ₹ Cr

0.0001% share

+69.30% YoY

8.58% of Sub-Ch. 5306

Imports

81.28 ₹ Cr

0.0028% share

−43.45% YoY

39.77% of Sub-Ch. 5306

FY 2021-22 Exp. Rank #6971

Balance

−166.96

Exports

2.78 ₹ Cr

0.0001% share

+44.04% YoY

4.66% of Sub-Ch. 5306

Imports

169.74 ₹ Cr

0.0037% share

+108.83% YoY

39.42% of Sub-Ch. 5306

FY 2022-23 Exp. Rank #7055

Balance

−210.33

Exports

2.86 ₹ Cr

0.0001% share

+2.88% YoY

3.23% of Sub-Ch. 5306

Imports

213.19 ₹ Cr

0.0037% share

+25.60% YoY

39.58% of Sub-Ch. 5306

FY 2023-24 Exp. Rank #7324

Balance

−310.87

Exports

2.53 ₹ Cr

0.0001% share

−11.54% YoY

2.48% of Sub-Ch. 5306

Imports

313.40 ₹ Cr

0.0056% share

+47.01% YoY

56.26% of Sub-Ch. 5306

FY 2024-25 Exp. Rank #3752

Balance

−401.46

Exports

45.40 ₹ Cr

0.0012% share

+1,694.47% YoY

28.54% of Sub-Ch. 5306

Imports

446.86 ₹ Cr

0.0074% share

+42.58% YoY

60.82% of Sub-Ch. 5306

CAGR · 7-Year

Exports

71.73% /yr

Imports

18.67% /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 53062090 Export-Import Analysis

Consistent Export Growth: 71.73% CAGR Over 7 Years

India's exports under HSN Code 53062090 have grown at a compound annual rate of 71.73% over 7 fiscal years, rising from ₹1.77 Crore in FY 2018-19 to ₹45.40 Crore in FY 2024-25.

HSN Code 53062090 Ranked #3752 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 53062090 ranks #3752 out of 12657 HSN codes by total export value. Within Sub-Chapter 5306, it ranks #2 of 4. By trade surplus, it ranks #11759 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 53062090 Exports

The strongest single-year export movement for HSN Code 53062090 was recorded in FY 2024-25, when exports surged by 1,694.47% over the prior year.

India Records a Trade Deficit of ₹401.46 Crore in HSN Code 53062090 Goods

In FY 2024-25, India's imports of ₹446.86 Cr exceeded exports of ₹45.40 Cr, resulting in a trade deficit of ₹401.46 Crore — ranking #11759 of 12657 by surplus magnitude.

Import Growth of 18.67% CAGR Signals Rising Demand for Multiple (Folded) Or Cabled | Other

India's imports under HSN Code 53062090 have grown at 18.67% CAGR, reaching ₹446.86 Crore in FY 2024-25.

HSN Code 53062090 Contributes 28.54% of Sub-Chapter 5306 Exports — Ranked #2

Among the 4 HSN codes under Sub-Chapter 5306, HSN Code 53062090 ranks #2 by export value — accounting for 28.54% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 60.82% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 53062090 and GST compliance.

What products are classified under HSN 53062090 ?

It includes Single : Other

Does packaging or labelling change the GST for Multiple (Folded) Or Cabled / Other?

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.

Can we claim ITC on inputs used to trade Multiple (Folded) Or Cabled / Other?

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

How much GST applies to Multiple (Folded) Or Cabled / Other?

Under HSN 53062090, Multiple (Folded) Or Cabled / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Multiple (Folded) Or Cabled / Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Multiple (Folded) Or Cabled / Other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Multiple (Folded) Or Cabled / Other?

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 Multiple (Folded) Or Cabled / Other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.