HSN Code 56022910 represents Felt (Non-Cotton Machinery) under GST classification. This code helps businesses identify Felt (Non-Cotton Machinery) correctly for billing, taxation, and trade. With HSN Code 56022910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Felt (Non-Cotton Machinery).
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HSN Code 56022910 relates to the following description.
Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
Felt, whether or not impregnated, coated, covered or laminated
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : For machines other than cotton machinery
6%
6%
12%
0%
Description of Goods
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : For machines other than cotton machinery
Chapter
56 - Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
Sub Chapter
5602 - Felt, whether or not impregnated, coated, covered or laminated
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Felt (Non-Cotton Machinery) does not include products with the following descriptions.
Needleloom felt and stitch-bonded fibre fabrics
Other felt, not impregnated, coated, covered or laminated : Of wool or fine animal hair
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Of jute (including blended or union jute), other than for machinery
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Other
Other : Of Rubberised coir, needled felt
Other : Other
Needleloom felt and stitch-bonded fibre fabrics
Other felt, not impregnated, coated, covered or laminated : Of wool or fine animal hair
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Of jute (including blended or union jute), other than for machinery
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Other
Other : Of Rubberised coir, needled felt
Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹2 Cr
Surplus rank #8181 of 12657 HSN codes
% of Sub-Chapter 5602
FY 2024-250.02%
Share of Sub-Chapter 5602’s total exports in FY 2024-25
Import side: 1.04% of Sub-Chapter 5602’s imports
Rank Within Sub-Chapter 5602
FY 2024-25#7 of 7
Position by export value among HSN codes in Sub-Chapter 5602
Import-side rank: #5 of 7
At a glance
20.09%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#10193
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+200.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.02%
Contribution to Sub-Ch. 5602
Share of Sub-Chapter 5602 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
−0.71
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.61% of Sub-Ch. 5602
Balance
−0.56
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−22.22% YoY
0.52% of Sub-Ch. 5602
Balance
−0.43
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−23.21% YoY
0.43% of Sub-Ch. 5602
Balance
−0.56
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+30.23% YoY
0.37% of Sub-Ch. 5602
Balance
−0.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+3.57% YoY
0.34% of Sub-Ch. 5602
Balance
−0.57
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.01% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.34% of Sub-Ch. 5602
Balance
−1.98
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+200.00% YoY
0.02% of Sub-Ch. 5602
Imports
2.01 ₹ Cr
0.0000% share
+246.55% YoY
1.04% of Sub-Ch. 5602
CAGR · 7-Year
Exports
20.09% /yr
Imports
18.66% /yr
reference, FY 2024-25
Export
₹139.45 Cr
Import
₹192.83 Cr
Trade Balance
−53.38
India's exports under HSN Code 56022910 have grown at a compound annual rate of 20.09% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.
In FY 2024-25, HSN Code 56022910 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 5602, it ranks #7 of 7. By trade surplus, it ranks #8181 of 12657.
The strongest single-year export movement for HSN Code 56022910 was recorded in FY 2024-25, when exports surged by 200.00% over the prior year.
In FY 2024-25, India's imports of ₹2.01 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹1.98 Crore — ranking #8181 of 12657 by surplus magnitude.
India's imports under HSN Code 56022910 have grown at 18.66% CAGR, reaching ₹2.01 Crore in FY 2024-25.
Among the 7 HSN codes under Sub-Chapter 5602, HSN Code 56022910 ranks #7 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.04% share (rank #5).
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 56022910 and GST compliance.
It includes Other Non-Impregnated/Coated/Laminated Felt (Other Textile Materials)
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 56022910, Felt (Non-Cotton Machinery) 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 Felt (Non-Cotton Machinery); 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.