HSN Code 53081020 represents Coir yarn : Spooled hanks under GST classification. This code helps businesses identify Coir yarn : Spooled hanks correctly for billing, taxation, and trade. With HSN Code 53081020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Coir yarn : Spooled hanks.
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HSN Code 53081020 relates to the following description.
Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Yarn of other vegetable textile fibres;paper 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
Coir yarn : Spooled hanks
0%
0%
0%
0%
Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Yarn of other vegetable textile fibres;paper 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
Coir yarn : Spooled hanks
2.5%
2.5%
5%
0%
Description of Goods
Coir yarn : Spooled hanks
Chapter
53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Sub Chapter
5308 - Yarn of other vegetable textile fibres;paper 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
Coir yarn : Spooled hanks
Chapter
53 - Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
Sub Chapter
5308 - Yarn of other vegetable textile fibres;paper 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%
Coir yarn : Spooled hanks does not include products with the following descriptions.
Coir yarn : Baled
Coir yarn : Baled
Coir yarn : Other
Coir yarn : Other
True hemp yarn
True hemp yarn
Other : Ramie yarn
Other : Ramie yarn
Other : Other
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #4671 of 12657 HSN codes
% of Sub-Chapter 5308
FY 2024-252.08%
Share of Sub-Chapter 5308’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 5308’s imports
Rank Within Sub-Chapter 5308
FY 2024-25#4 of 6
Position by export value among HSN codes in Sub-Chapter 5308
At a glance
#8548
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+306.67%
Peak Growth Year
FY 2023-24 · strongest single-year move
2.08%
Contribution to Sub-Ch. 5308
Share of Sub-Chapter 5308 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
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Balance
+0.83
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.96% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Balance
+0.08
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−90.36% YoY
0.16% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Balance
+0.15
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+87.50% YoY
0.42% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Balance
+0.61
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+306.67% YoY
2.08% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
Balance
+0.70
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+14.75% YoY
2.08% of Sub-Ch. 5308
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5308
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.
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.
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.
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.
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.
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 53081020 and GST compliance.
It includes True hemp yarn
Under HSN 53081020, Coir yarn : Spooled hanks attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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).
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.
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.