HSN Code 56029090: Felt, with or without coating or lamination | Other
HSN Code 56029090 represents Felt, with or without coating or lamination | Other under GST classification. This code helps businesses identify Felt, with or without coating or lamination | Other correctly for billing, taxation, and trade. With HSN Code 56029090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Felt, with or without coating or lamination | Other.
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Description of Goods for HSN Code 56029090
HSN Code 56029090 relates to the following description.
What does HSN Code 56029090 not include?
Felt, with or without coating or lamination | Other 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 : 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
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 : 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
India’s Trade Performance — HSN Code 56029090 in FY 2024-25
India’s Exports
FY 2024-25₹6 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹41 Cr
0.0007% of India’s total imports
Trade Balance
FY 2024-25−₹35 Cr
Surplus rank #9973 of 12657 HSN codes
% of Sub-Chapter 5602
FY 2024-254.62%
Share of Sub-Chapter 5602’s total exports in FY 2024-25
Import side: 21.41% of Sub-Chapter 5602’s imports
Rank Within Sub-Chapter 5602
FY 2024-25#4 of 7
Position by export value among HSN codes in Sub-Chapter 5602
Import-side rank: #3 of 7
At a glance
7.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6323
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+80.90%
Peak Growth Year
FY 2024-25 · strongest single-year move
4.62%
Contribution to Sub-Ch. 5602
Share of Sub-Chapter 5602 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 56029090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−37.82
Exports
4.06 ₹ Cr
0.0002% share
— YoY
5.63% of Sub-Ch. 5602
Imports
41.88 ₹ Cr
0.0012% share
— YoY
35.65% of Sub-Ch. 5602
Balance
−33.36
Exports
6.08 ₹ Cr
0.0003% share
+49.75% YoY
7.46% of Sub-Ch. 5602
Imports
39.44 ₹ Cr
0.0012% share
−5.83% YoY
36.62% of Sub-Ch. 5602
Balance
−26.39
Exports
7.34 ₹ Cr
0.0003% share
+20.72% YoY
7.72% of Sub-Ch. 5602
Imports
33.73 ₹ Cr
0.0012% share
−14.48% YoY
33.96% of Sub-Ch. 5602
Balance
−48.28
Exports
1.61 ₹ Cr
0.0001% share
−78.07% YoY
1.29% of Sub-Ch. 5602
Imports
49.89 ₹ Cr
0.0011% share
+47.91% YoY
33.40% of Sub-Ch. 5602
Balance
−50.02
Exports
2.61 ₹ Cr
0.0001% share
+62.11% YoY
2.31% of Sub-Ch. 5602
Imports
52.63 ₹ Cr
0.0009% share
+5.49% YoY
30.62% of Sub-Ch. 5602
Balance
−49.60
Exports
3.56 ₹ Cr
0.0001% share
+36.40% YoY
2.76% of Sub-Ch. 5602
Imports
53.16 ₹ Cr
0.0009% share
+1.01% YoY
31.61% of Sub-Ch. 5602
Balance
−34.84
Exports
6.44 ₹ Cr
0.0002% share
+80.90% YoY
4.62% of Sub-Ch. 5602
Imports
41.28 ₹ Cr
0.0007% share
−22.35% YoY
21.41% of Sub-Ch. 5602
CAGR · 7-Year
Exports
7.99% /yr
Imports
−0.24% /yr
reference, FY 2024-25
Export
₹139.45 Cr
Import
₹192.83 Cr
Trade Balance
−53.38
Key Trade Insights: HSN Code 56029090 Export-Import Analysis
Consistent Export Growth: 7.99% CAGR Over 7 Years
India's exports under HSN Code 56029090 have grown at a compound annual rate of 7.99% over 7 fiscal years, rising from ₹4.06 Crore in FY 2018-19 to ₹6.44 Crore in FY 2024-25.
HSN Code 56029090 Ranked #6323 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 56029090 ranks #6323 out of 12657 HSN codes by total export value. Within Sub-Chapter 5602, it ranks #4 of 7. By trade surplus, it ranks #9973 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 56029090 Exports
The strongest single-year export movement for HSN Code 56029090 was recorded in FY 2024-25, when exports surged by 80.90% over the prior year.
India Records a Trade Deficit of ₹34.84 Crore in HSN Code 56029090 Goods
In FY 2024-25, India's imports of ₹41.28 Cr exceeded exports of ₹6.44 Cr, resulting in a trade deficit of ₹34.84 Crore — ranking #9973 of 12657 by surplus magnitude.
Import Growth of −0.24% CAGR Signals Stable Import Dependency for Felt, with or without coating or lamination | Other
India's imports under HSN Code 56029090 have grown at −0.24% CAGR, reaching ₹41.28 Crore in FY 2024-25.
HSN Code 56029090 Contributes 4.62% of Sub-Chapter 5602 Exports — Ranked #4
Among the 7 HSN codes under Sub-Chapter 5602, HSN Code 56029090 ranks #4 by export value — accounting for 4.62% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.41% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 56029090 and GST compliance.
What products are classified under HSN 56029090 ?
It includes Man-made filaments ≤ 25 g/m²: Other
Do e‑way bill and e‑invoice apply for Felt, with or without coating or lamination / Other?
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.
How should mixed supplies be billed when Felt, with or without coating or lamination / Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Felt, with or without coating or lamination / Other; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Felt, with or without coating or lamination / Other?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Felt, with or without coating or lamination / Other?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Felt, with or without coating or lamination / Other?
Under HSN 56029090, Felt, with or without coating or lamination / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.