HSN Code 53071010: Single : Of jute

HSN Code 53071010 represents Single : Of jute under GST classification. This code helps businesses identify Single : Of jute correctly for billing, taxation, and trade. With HSN Code 53071010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Single : Of jute.

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Description of Goods for HSN Code 53071010

HSN Code 53071010 relates to the following description.

Description of Goods

Single : Of jute

Chapter

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

Sub Chapter

5307 - Yarn of jute or of other textile bast fibres of heading 5303 [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 : Of jute

Chapter

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

Sub Chapter

5307 - Yarn of jute or of other textile bast fibres of heading 5303 [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 53071010 not include?

Single : Of jute does not include products with the following descriptions.

India’s Trade Performance — HSN Code 53071010 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

₹86 Cr

+215.92% vs FY 2023-24

0.0023% of India’s total exports

India’s Imports

FY 2024-25

₹277 Cr

−3.50% vs FY 2023-24

0.0046% of India’s total imports

Trade Balance

FY 2024-25

−₹191 Cr

Trade Deficit

Surplus rank #11287 of 12657 HSN codes

% of Sub-Chapter 5307

FY 2024-25

54.89%

Share of Sub-Chapter 5307’s total exports in FY 2024-25

Import side: 54.63% of Sub-Chapter 5307’s imports

Rank Within Sub-Chapter 5307

FY 2024-25

#1 of 3

Position by export value among HSN codes in Sub-Chapter 5307

Import-side rank: #1 of 3

At a glance

54.61%

Export CAGR

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

#2884

National Export Rank

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

+215.92%

Peak Growth Year

FY 2024-25 · strongest single-year move

54.89%

Contribution to Sub-Ch. 5307

Share of Sub-Chapter 5307 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 53071010

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 #5579

Balance

−143.96

Exports

6.26 ₹ Cr

0.0003% share

— YoY

5.72% of Sub-Ch. 5307

Imports

150.22 ₹ Cr

0.0042% share

— YoY

51.42% of Sub-Ch. 5307

FY 2019-20 Exp. Rank #5806

Balance

−192.29

Exports

5.21 ₹ Cr

0.0002% share

−16.77% YoY

4.42% of Sub-Ch. 5307

Imports

197.50 ₹ Cr

0.0059% share

+31.47% YoY

48.79% of Sub-Ch. 5307

FY 2020-21 Exp. Rank #5205

Balance

−122.19

Exports

9.03 ₹ Cr

0.0004% share

+73.32% YoY

6.86% of Sub-Ch. 5307

Imports

131.22 ₹ Cr

0.0045% share

−33.56% YoY

38.77% of Sub-Ch. 5307

FY 2021-22 Exp. Rank #5087

Balance

−208.39

Exports

13.56 ₹ Cr

0.0004% share

+50.17% YoY

9.39% of Sub-Ch. 5307

Imports

221.95 ₹ Cr

0.0049% share

+69.14% YoY

53.26% of Sub-Ch. 5307

FY 2022-23 Exp. Rank #4311

Balance

−299.47

Exports

26.81 ₹ Cr

0.0007% share

+97.71% YoY

29.52% of Sub-Ch. 5307

Imports

326.28 ₹ Cr

0.0057% share

+47.01% YoY

61.16% of Sub-Ch. 5307

FY 2023-24 Exp. Rank #4375

Balance

−259.70

Exports

27.07 ₹ Cr

0.0007% share

+0.97% YoY

33.94% of Sub-Ch. 5307

Imports

286.77 ₹ Cr

0.0051% share

−12.11% YoY

56.84% of Sub-Ch. 5307

FY 2024-25 Exp. Rank #2884

Balance

−191.21

Exports

85.52 ₹ Cr

0.0023% share

+215.92% YoY

54.89% of Sub-Ch. 5307

Imports

276.73 ₹ Cr

0.0046% share

−3.50% YoY

54.63% of Sub-Ch. 5307

CAGR · 7-Year

Exports

54.61% /yr

Imports

10.72% /yr

Consistently Deficit
Sub-Chapter 5307 total

reference, FY 2024-25

Export

₹155.81 Cr

Import

₹506.58 Cr

Trade Balance

−350.77

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

Key Trade Insights: HSN Code 53071010 Export-Import Analysis

Consistent Export Growth: 54.61% CAGR Over 7 Years

India's exports under HSN Code 53071010 have grown at a compound annual rate of 54.61% over 7 fiscal years, rising from ₹6.26 Crore in FY 2018-19 to ₹85.52 Crore in FY 2024-25.

HSN Code 53071010 Ranked #2884 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 53071010 ranks #2884 out of 12657 HSN codes by total export value. Within Sub-Chapter 5307, it ranks #1 of 3. By trade surplus, it ranks #11287 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 53071010 Exports

The strongest single-year export movement for HSN Code 53071010 was recorded in FY 2024-25, when exports surged by 215.92% over the prior year.

India Records a Trade Deficit of ₹191.21 Crore in HSN Code 53071010 Goods

In FY 2024-25, India's imports of ₹276.73 Cr exceeded exports of ₹85.52 Cr, resulting in a trade deficit of ₹191.21 Crore — ranking #11287 of 12657 by surplus magnitude.

Import Growth of 10.72% CAGR Signals Rising Demand for Single : Of jute

India's imports under HSN Code 53071010 have grown at 10.72% CAGR, reaching ₹276.73 Crore in FY 2024-25.

HSN Code 53071010 Contributes 54.89% of Sub-Chapter 5307 Exports — Ranked #1

Among the 3 HSN codes under Sub-Chapter 5307, HSN Code 53071010 ranks #1 by export value — accounting for 54.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 54.63% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 53071010 and GST compliance.

What products are classified under HSN 53071010 ?

It includes Multiple (folded) or cabled

How much GST applies to Single : Of jute?

Under HSN 53071010, Single : Of jute attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Single : Of jute?

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

How should mixed supplies be billed when Single : Of jute is sold with other items?

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

Does packaging or labelling change the GST for Single : Of jute?

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 Single : Of jute?

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.

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.