HSN Code 56029010: Other | Lorries And Trucks| Refrigerated

HSN Code 56029010 represents Other | Lorries And Trucks| Refrigerated under GST classification. This code helps businesses identify Other | Lorries And Trucks| Refrigerated correctly for billing, taxation, and trade. With HSN Code 56029010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Lorries And Trucks| Refrigerated.

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Description of Goods for HSN Code 56029010

HSN Code 56029010 relates to the following description.

Description of Goods

Other : Of Rubberised coir, needled felt

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%

What does HSN Code 56029010 not include?

Other | Lorries And Trucks| Refrigerated does not include products with the following descriptions.

HSN Code 56022100

Other felt, not impregnated, coated, covered or laminated : Of wool or fine animal hair

HSN Code 56022910

Other felt, not impregnated, coated, covered or laminated : Of other textile materials : For machines other than cotton machinery

HSN Code 56022920

Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Of jute (including blended or union jute), other than for machinery

HSN Code 56022990

Other felt, not impregnated, coated, covered or laminated : Of other textile materials : Other

India’s Trade Performance — HSN Code 56029010 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

₹6 Cr

−41.17% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+1,250.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹6 Cr

Trade Surplus

Surplus rank #3665 of 12657 HSN codes

% of Sub-Chapter 5602

FY 2024-25

4.18%

Share of Sub-Chapter 5602’s total exports in FY 2024-25

Import side: 0.14% of Sub-Chapter 5602’s imports

Rank Within Sub-Chapter 5602

FY 2024-25

#5 of 7

Position by export value among HSN codes in Sub-Chapter 5602

Import-side rank: #6 of 7

At a glance

39.53%

Export CAGR

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

#6432

National Export Rank

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

+396.83%

Peak Growth Year

FY 2020-21 · strongest single-year move

4.18%

Contribution to Sub-Ch. 5602

Share of Sub-Chapter 5602 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 56029010

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 #7825

Balance

−0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.10% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.78% of Sub-Ch. 5602

FY 2019-20 Exp. Rank #8013

Balance

+0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−20.25% YoY

0.77% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−52.17% YoY

0.41% of Sub-Ch. 5602

FY 2020-21 Exp. Rank #6512

Balance

+2.83

Exports

3.13 ₹ Cr

0.0001% share

+396.83% YoY

3.29% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−31.82% YoY

0.30% of Sub-Ch. 5602

FY 2021-22 Exp. Rank #7578

Balance

+0.79

Exports

1.57 ₹ Cr

0.0001% share

−49.84% YoY

1.26% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+160.00% YoY

0.52% of Sub-Ch. 5602

FY 2022-23 Exp. Rank #5967

Balance

+7.67

Exports

7.68 ₹ Cr

0.0002% share

+389.17% YoY

6.79% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.72% YoY

0.01% of Sub-Ch. 5602

FY 2023-24 Exp. Rank #5742

Balance

+9.89

Exports

9.91 ₹ Cr

0.0003% share

+29.04% YoY

7.68% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.01% of Sub-Ch. 5602

FY 2024-25 Exp. Rank #6432

Balance

+5.56

Exports

5.83 ₹ Cr

0.0002% share

−41.17% YoY

4.18% of Sub-Ch. 5602

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,250.00% YoY

0.14% of Sub-Ch. 5602

CAGR · 7-Year

Exports

39.53% /yr

Imports

−18.48% /yr

Consistently Surplus
Sub-Chapter 5602 total

reference, FY 2024-25

Export

₹139.45 Cr

Import

₹192.83 Cr

Trade Balance

−53.38

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

Key Trade Insights: HSN Code 56029010 Export-Import Analysis

Consistent Export Growth: 39.53% CAGR Over 7 Years

India's exports under HSN Code 56029010 have grown at a compound annual rate of 39.53% over 7 fiscal years, rising from ₹0.79 Crore in FY 2018-19 to ₹5.83 Crore in FY 2024-25.

HSN Code 56029010 Ranked #6432 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 56029010 ranks #6432 out of 12657 HSN codes by total export value. Within Sub-Chapter 5602, it ranks #5 of 7. By trade surplus, it ranks #3665 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 56029010 Exports

The strongest single-year export movement for HSN Code 56029010 was recorded in FY 2020-21, when exports surged by 396.83% over the prior year.

India Maintains a Trade Surplus of ₹5.56 Crore in HSN Code 56029010 Goods

In FY 2024-25, India's exports of ₹5.83 Cr exceeded imports of ₹0.27 Cr, resulting in a trade surplus of ₹5.56 Crore — ranking #3665 of 12657 by surplus magnitude.

Import Growth of −18.48% CAGR Signals Stable Import Dependency for Other | Lorries And Trucks| Refrigerated

India's imports under HSN Code 56029010 have grown at −18.48% CAGR, reaching ₹0.27 Crore in FY 2024-25.

HSN Code 56029010 Contributes 4.18% of Sub-Chapter 5602 Exports — Ranked #5

Among the 7 HSN codes under Sub-Chapter 5602, HSN Code 56029010 ranks #5 by export value — accounting for 4.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56029010 and GST compliance.

What products are classified under HSN 56029010 ?

It includes Fresh/Chilled Whole Fowls

Can we claim ITC on inputs used to trade Other / Lorries And Trucks/ Refrigerated?

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 Other / Lorries And Trucks/ Refrigerated?

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.

How much GST applies to Other / Lorries And Trucks/ Refrigerated?

Under HSN 56029010, Other / Lorries And Trucks/ Refrigerated attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for 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.

Any common misclassification issue with Other / Lorries And Trucks/ Refrigerated?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.