--- title: "HSN Code for Coir yarn : Spooled hanks | HSN 53081020 GST Rate" description: "Find HSN and GST Rates for 53081020 related to Coir yarn : Spooled hanks with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-53081020/" --- # HSN Code 53081020: Coir yarn : Spooled hanks - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 53: Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn](https://busy.in/hsn/chapter-53/) - [Sub-chapter 5308: Paper and yarn](https://busy.in/hsn/sub-chapter-5308/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Coir yarn : Spooled hanks | 0% | 0% | 0% | 0% | | Coir yarn : Spooled hanks | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 53081020 ? It includes True hemp yarn ### How much GST applies to Coir yarn : Spooled hanks? Under HSN 53081020, Coir yarn : Spooled hanks attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Coir yarn : Spooled hanks is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Coir yarn : Spooled hanks; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Coir yarn : Spooled hanks? 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 Coir yarn : Spooled hanks? 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 Coir yarn : Spooled hanks? 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. ## India's trade performance: HSN Code 53081020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+14.75% YoY) — 0.0000% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4671 of 12657 HSN codes - Share of Sub-Chapter 5308: 2.08% of its exports; import side 0.00% - Rank within Sub-Chapter 5308: #4 of 6 by export value ### Key metrics - National export rank: #8548 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +306.67% in FY 2023-24 - Contribution to Sub-Ch. 5308: 2.08% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 53081020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5308 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5308 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 1.96% | Nil | 0.0000% | — | 0.00% | +0.83 | #7821 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −90.36% | 0.16% | Nil | 0.0000% | — | 0.00% | +0.08 | #9630 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +87.50% | 0.42% | Nil | 0.0000% | — | 0.00% | +0.15 | #9449 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +306.67% | 2.08% | Nil | 0.0000% | — | 0.00% | +0.61 | #8644 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +14.75% | 2.08% | Nil | 0.0000% | — | 0.00% | +0.70 | #8548 | ## Key trade insights: HSN Code 53081020 export-import analysis ### Export snapshot for HSN Code 53081020 India exported ₹0.70 Crore worth of Coir yarn : Spooled hanks in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 53081020 ranked #8548 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 53081020 ranks #8548 out of 12657 HSN codes by total export value. Within Sub-Chapter 5308, it ranks #4 of 6. By trade surplus, it ranks #4671 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 53081020 exports The strongest single-year export movement for HSN Code 53081020 was recorded in FY 2023-24, when exports surged by 306.67% over the prior year. ### India maintains a trade surplus of ₹0.70 Crore in HSN Code 53081020 goods In FY 2024-25, India's exports of ₹0.70 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.70 Crore — ranking #4671 of 12657 by surplus magnitude. ### HSN Code 53081020 contributes 2.08% of Sub-Chapter 5308 exports — ranked #4 Among the 6 HSN codes under Sub-Chapter 5308, HSN Code 53081020 ranks #4 by export value — accounting for 2.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 5308 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 53081090: Coir yarn: Other](https://busy.in/hsn/hsn-53081090/) | ₹18 Cr | | #2 | [HSN Code 53081010: Coir yarn: Baled](https://busy.in/hsn/hsn-53081010/) | ₹9 Cr | | #3 | [HSN Code 53089090: Vegetable fibre and paper yarn, excluding packed coir fibre \| Other](https://busy.in/hsn/hsn-53089090/) | ₹6 Cr | | #4 | HSN Code 53081020: Coir yarn : Spooled hanks (this hsn code) | < ₹1 Crore | | #5 | [HSN Code 53089010: Other : Ramie yarn](https://busy.in/hsn/hsn-53089010/) | < ₹1 Crore | | #6 | [HSN Code 53082000: True hemp yarn](https://busy.in/hsn/hsn-53082000/) | < ₹1 Crore |