HSN Code 56050010: Other Metallised Yarn

HSN Code 56050010 represents Other Metallised Yarn under GST classification. This code helps businesses identify Other Metallised Yarn correctly for billing, taxation, and trade. With HSN Code 56050010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Metallised Yarn.

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Description of Goods for HSN Code 56050010

HSN Code 56050010 relates to the following description.

Description of Goods

Metallised yarn, whether or not gimped, being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal : Real zari thread (gold) and silver thread combined with textile thread

Chapter

56 - Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof

Sub Chapter

5605 - Metallised yarn, whether or not gimped being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 56050010 not include?

Other Metallised Yarn does not include products with the following descriptions.

HSN Code 56050020

Metallised yarn, whether or not gimped, being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal : Imitation zari thread

HSN Code 56050090

Metallised yarn, whether or not gimped, being textile yarn, or strip or the like of heading 5404 or 5405, combined with metal in the form of thread, strip or powder or covered with metal : Other

India’s Trade Performance — HSN Code 56050010 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

₹8 Cr

+2.91% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

+34.60% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #8044 of 12657 HSN codes

% of Sub-Chapter 5605

FY 2024-25

11.99%

Share of Sub-Chapter 5605’s total exports in FY 2024-25

Import side: 29.43% of Sub-Chapter 5605’s imports

Rank Within Sub-Chapter 5605

FY 2024-25

#3 of 3

Position by export value among HSN codes in Sub-Chapter 5605

Import-side rank: #2 of 3

At a glance

34.72%

Export CAGR

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

#6031

National Export Rank

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

+284.47%

Peak Growth Year

FY 2021-22 · strongest single-year move

11.99%

Contribution to Sub-Ch. 5605

Share of Sub-Chapter 5605 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 56050010

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 #7336

Balance

−0.33

Exports

1.36 ₹ Cr

0.0001% share

— YoY

1.09% of Sub-Ch. 5605

Imports

1.69 ₹ Cr

0.0000% share

— YoY

1.90% of Sub-Ch. 5605

FY 2019-20 Exp. Rank #7113

Balance

−2.33

Exports

1.66 ₹ Cr

0.0001% share

+22.06% YoY

1.51% of Sub-Ch. 5605

Imports

3.99 ₹ Cr

0.0001% share

+136.09% YoY

2.50% of Sub-Ch. 5605

FY 2020-21 Exp. Rank #6876

Balance

−2.00

Exports

2.19 ₹ Cr

0.0001% share

+31.93% YoY

2.77% of Sub-Ch. 5605

Imports

4.19 ₹ Cr

0.0001% share

+5.01% YoY

11.06% of Sub-Ch. 5605

FY 2021-22 Exp. Rank #5708

Balance

+0.36

Exports

8.42 ₹ Cr

0.0003% share

+284.47% YoY

11.55% of Sub-Ch. 5605

Imports

8.06 ₹ Cr

0.0002% share

+92.36% YoY

7.55% of Sub-Ch. 5605

FY 2022-23 Exp. Rank #5570

Balance

+0.18

Exports

10.50 ₹ Cr

0.0003% share

+24.70% YoY

14.51% of Sub-Ch. 5605

Imports

10.32 ₹ Cr

0.0002% share

+28.04% YoY

30.16% of Sub-Ch. 5605

FY 2023-24 Exp. Rank #6019

Balance

+0.79

Exports

7.90 ₹ Cr

0.0002% share

−24.76% YoY

16.81% of Sub-Ch. 5605

Imports

7.11 ₹ Cr

0.0001% share

−31.10% YoY

14.63% of Sub-Ch. 5605

FY 2024-25 Exp. Rank #6031

Balance

−1.44

Exports

8.13 ₹ Cr

0.0002% share

+2.91% YoY

11.99% of Sub-Ch. 5605

Imports

9.57 ₹ Cr

0.0002% share

+34.60% YoY

29.43% of Sub-Ch. 5605

CAGR · 7-Year

Exports

34.72% /yr

Imports

33.51% /yr

Consistently Deficit
Sub-Chapter 5605 total

reference, FY 2024-25

Export

₹67.78 Cr

Import

₹32.52 Cr

Trade Balance

+35.26

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

Key Trade Insights: HSN Code 56050010 Export-Import Analysis

Consistent Export Growth: 34.72% CAGR Over 7 Years

India's exports under HSN Code 56050010 have grown at a compound annual rate of 34.72% over 7 fiscal years, rising from ₹1.36 Crore in FY 2018-19 to ₹8.13 Crore in FY 2024-25.

HSN Code 56050010 Ranked #6031 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 56050010 ranks #6031 out of 12657 HSN codes by total export value. Within Sub-Chapter 5605, it ranks #3 of 3. By trade surplus, it ranks #8044 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 56050010 Exports

The strongest single-year export movement for HSN Code 56050010 was recorded in FY 2021-22, when exports surged by 284.47% over the prior year.

India Records a Trade Deficit of ₹1.44 Crore in HSN Code 56050010 Goods

In FY 2024-25, India's imports of ₹9.57 Cr exceeded exports of ₹8.13 Cr, resulting in a trade deficit of ₹1.44 Crore — ranking #8044 of 12657 by surplus magnitude.

Import Growth of 33.51% CAGR Signals Rising Demand for Other Metallised Yarn

India's imports under HSN Code 56050010 have grown at 33.51% CAGR, reaching ₹9.57 Crore in FY 2024-25.

HSN Code 56050010 Contributes 11.99% of Sub-Chapter 5605 Exports — Ranked #3

Among the 3 HSN codes under Sub-Chapter 5605, HSN Code 56050010 ranks #3 by export value — accounting for 11.99% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 29.43% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56050010 and GST compliance.

What products are classified under HSN 56050010 ?

It includes Cotton trimmings

Any common misclassification issue with Other Metallised Yarn?

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

Do e‑way bill and e‑invoice apply for Other Metallised Yarn?

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.

Does packaging or labelling change the GST for Other Metallised Yarn?

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 should mixed supplies be billed when Other Metallised Yarn is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Metallised Yarn; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other Metallised Yarn?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Other Metallised Yarn?

Under HSN 56050010, Other Metallised Yarn attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.