HSN Code 56050020: Agglomerated Manganese Ore

HSN Code 56050020 represents Agglomerated Manganese Ore under GST classification. This code helps businesses identify Agglomerated Manganese Ore correctly for billing, taxation, and trade. With HSN Code 56050020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Agglomerated Manganese Ore.

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Description of Goods for HSN Code 56050020

HSN Code 56050020 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 : Imitation zari 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

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 56050020 not include?

Agglomerated Manganese Ore does not include products with the following descriptions.

HSN Code 56050010

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

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 56050020 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

₹9 Cr

+31.51% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

+43.98% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4856 of 12657 HSN codes

% of Sub-Chapter 5605

FY 2024-25

13.85%

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

Import side: 27.58% of Sub-Chapter 5605’s imports

Rank Within Sub-Chapter 5605

FY 2024-25

#2 of 3

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

Import-side rank: #3 of 3

At a glance

−21.02%

Export CAGR

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

#5848

National Export Rank

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

+31.51%

Peak Growth Year

FY 2024-25 · strongest single-year move

13.85%

Contribution to Sub-Ch. 5605

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

India Export-Import Trade Statistics for HSN Code 56050020

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 #3244

Balance

+38.26

Exports

38.68 ₹ Cr

0.0017% share

— YoY

31.11% of Sub-Ch. 5605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.47% of Sub-Ch. 5605

FY 2019-20 Exp. Rank #3500

Balance

+31.97

Exports

32.41 ₹ Cr

0.0015% share

−16.21% YoY

29.46% of Sub-Ch. 5605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+4.76% YoY

0.28% of Sub-Ch. 5605

FY 2020-21 Exp. Rank #4875

Balance

+11.49

Exports

11.60 ₹ Cr

0.0005% share

−64.21% YoY

14.68% of Sub-Ch. 5605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

0.29% of Sub-Ch. 5605

FY 2021-22 Exp. Rank #5762

Balance

+7.93

Exports

8.05 ₹ Cr

0.0003% share

−30.60% YoY

11.04% of Sub-Ch. 5605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.09% YoY

0.11% of Sub-Ch. 5605

FY 2022-23 Exp. Rank #5771

Balance

+8.97

Exports

8.98 ₹ Cr

0.0002% share

+11.55% YoY

12.41% of Sub-Ch. 5605

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.67% YoY

0.03% of Sub-Ch. 5605

FY 2023-24 Exp. Rank #6137

Balance

+0.91

Exports

7.14 ₹ Cr

0.0002% share

−20.49% YoY

15.19% of Sub-Ch. 5605

Imports

6.23 ₹ Cr

0.0001% share

+62,200.00% YoY

12.82% of Sub-Ch. 5605

FY 2024-25 Exp. Rank #5848

Balance

+0.42

Exports

9.39 ₹ Cr

0.0003% share

+31.51% YoY

13.85% of Sub-Ch. 5605

Imports

8.97 ₹ Cr

0.0001% share

+43.98% YoY

27.58% of Sub-Ch. 5605

CAGR · 7-Year

Exports

−21.02% /yr

Imports

66.57% /yr

Consistently Surplus
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 56050020 Export-Import Analysis

Export Decline: −21.02% CAGR Over 7 Years

India's exports under HSN Code 56050020 have declined at a compound annual rate of −21.02% over 7 fiscal years, falling from ₹38.68 Crore in FY 2018-19 to ₹9.39 Crore in FY 2024-25.

HSN Code 56050020 Ranked #5848 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 56050020 ranks #5848 out of 12657 HSN codes by total export value. Within Sub-Chapter 5605, it ranks #2 of 3. By trade surplus, it ranks #4856 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 56050020 Exports

The strongest single-year export movement for HSN Code 56050020 was recorded in FY 2024-25, when exports surged by 31.51% over the prior year.

India Maintains a Trade Surplus of ₹0.42 Crore in HSN Code 56050020 Goods

In FY 2024-25, India's exports of ₹9.39 Cr exceeded imports of ₹8.97 Cr, resulting in a trade surplus of ₹0.42 Crore — ranking #4856 of 12657 by surplus magnitude.

Import Growth of 66.57% CAGR Signals Rising Demand for Agglomerated Manganese Ore

India's imports under HSN Code 56050020 have grown at 66.57% CAGR, reaching ₹8.97 Crore in FY 2024-25.

HSN Code 56050020 Contributes 13.85% of Sub-Chapter 5605 Exports — Ranked #2

Among the 3 HSN codes under Sub-Chapter 5605, HSN Code 56050020 ranks #2 by export value — accounting for 13.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 27.58% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56050020 and GST compliance.

What products are classified under HSN 56050020 ?

It includes Man-Made Fiber Trimmings (Gimped Yarn)

How should mixed supplies be billed when Agglomerated Manganese Ore is sold with other items?

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

Does packaging or labelling change the GST for Agglomerated Manganese Ore?

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.

Do e‑way bill and e‑invoice apply for Agglomerated Manganese Ore?

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 much GST applies to Agglomerated Manganese Ore?

Under HSN 56050020, Agglomerated Manganese Ore attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Agglomerated Manganese Ore?

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

Can we claim ITC on inputs used to trade Agglomerated Manganese Ore?

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

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.