HSN Code 56022920 represents Jute Felt (Non-Machinery) under GST classification. This code helps businesses identify Jute Felt (Non-Machinery) correctly for billing, taxation, and trade. With HSN Code 56022920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Jute Felt (Non-Machinery).
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HSN Code 56022920 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 : Of jute (including blended or union jute), other than for machinery
6%
6%
12%
0%
Description of Goods
Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Of jute (including blended or union jute), other than for 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%
Jute Felt (Non-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 : For machines other than cotton 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 : For machines other than cotton 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₹13 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹12 Cr
Surplus rank #3191 of 12657 HSN codes
% of Sub-Chapter 5602
FY 2024-259.01%
Share of Sub-Chapter 5602’s total exports in FY 2024-25
Import side: 0.10% of Sub-Chapter 5602’s imports
Rank Within Sub-Chapter 5602
FY 2024-25#3 of 7
Position by export value among HSN codes in Sub-Chapter 5602
Import-side rank: #7 of 7
At a glance
9.96%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5505
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+136.20%
Peak Growth Year
FY 2020-21 · strongest single-year move
9.01%
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
+7.06
Exports
7.11 ₹ Cr
0.0003% share
— YoY
9.86% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 5602
Balance
+7.67
Exports
7.68 ₹ Cr
0.0003% share
+8.02% YoY
9.43% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−80.00% YoY
0.01% of Sub-Ch. 5602
Balance
+18.07
Exports
18.14 ₹ Cr
0.0008% share
+136.20% YoY
19.07% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+600.00% YoY
0.07% of Sub-Ch. 5602
Balance
+14.32
Exports
14.33 ₹ Cr
0.0005% share
−21.00% YoY
11.51% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−85.71% YoY
0.01% of Sub-Ch. 5602
Balance
+7.49
Exports
7.49 ₹ Cr
0.0002% share
−47.73% YoY
6.62% of Sub-Ch. 5602
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 5602
Balance
+8.74
Exports
8.81 ₹ Cr
0.0002% share
+17.62% YoY
6.83% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 5602
Balance
+12.37
Exports
12.57 ₹ Cr
0.0003% share
+42.68% YoY
9.01% of Sub-Ch. 5602
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+185.71% YoY
0.10% of Sub-Ch. 5602
CAGR · 7-Year
Exports
9.96% /yr
Imports
25.99% /yr
reference, FY 2024-25
Export
₹139.45 Cr
Import
₹192.83 Cr
Trade Balance
−53.38
India's exports under HSN Code 56022920 have grown at a compound annual rate of 9.96% over 7 fiscal years, rising from ₹7.11 Crore in FY 2018-19 to ₹12.57 Crore in FY 2024-25.
In FY 2024-25, HSN Code 56022920 ranks #5505 out of 12657 HSN codes by total export value. Within Sub-Chapter 5602, it ranks #3 of 7. By trade surplus, it ranks #3191 of 12657.
The strongest single-year export movement for HSN Code 56022920 was recorded in FY 2020-21, when exports surged by 136.20% over the prior year.
In FY 2024-25, India's exports of ₹12.57 Cr exceeded imports of ₹0.20 Cr, resulting in a trade surplus of ₹12.37 Crore — ranking #3191 of 12657 by surplus magnitude.
India's imports under HSN Code 56022920 have grown at 25.99% CAGR, reaching ₹0.20 Crore in FY 2024-25.
Among the 7 HSN codes under Sub-Chapter 5602, HSN Code 56022920 ranks #3 by export value — accounting for 9.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #7).
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 56022920 and GST compliance.
It includes Other | Lorries And Trucks| Refrigerated
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 separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Jute Felt (Non-Machinery); Nil for exempt items if applicable).
Under HSN 56022920, Jute Felt (Non-Machinery) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.