--- title: "HSN Code for Man-made textile materials: Fishing nets | HSN 56081190 GST Rate" description: "Find HSN and GST Rates for 56081190 related to Man-made textile materials: Fishing nets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-56081190/" --- # HSN Code 56081190: Man-made textile materials: Fishing nets - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 56: Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof](https://busy.in/hsn/chapter-56/) - [Sub-chapter 5608: Textile nets & fishing gear](https://busy.in/hsn/sub-chapter-5608/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of man-made textile materials : Made up fishing nets : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 56081190 ? It includes Other : Of jute ### How much GST applies to Man-made textile materials: Fishing nets? Under HSN 56081190, Man-made textile materials: Fishing nets attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Man-made textile materials: Fishing nets? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Man-made textile materials: Fishing nets? 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 Man-made textile materials: Fishing nets is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Man-made textile materials: Fishing nets; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Man-made textile materials: Fishing nets? 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. ### Any common misclassification issue with Man-made textile materials: Fishing nets? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 56081190 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹488 Cr (+23.43% YoY) — 0.0133% of India's total exports - Imports: ₹163 Cr (+42.15% YoY) — 0.0027% of India's total imports - Trade balance: ₹326 Cr (Surplus); surplus rank #864 of 12657 HSN codes - Share of Sub-Chapter 5608: 55.07% of its exports; import side 61.57% - Rank within Sub-Chapter 5608: #1 of 6 by export value; import-side #1 ### Key metrics - Export CAGR: 13.18% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1031 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +26.61% in FY 2022-23 - Contribution to Sub-Ch. 5608: 55.07% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 56081190 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 5608 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5608 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 232.41 | 0.0102% | — | 44.83% | 19.26 | 0.0005% | — | 19.93% | +213.15 | #1193 | | FY 2019-20 | 252.44 | 0.0115% | +8.62% | 47.76% | 50.13 | 0.0015% | +160.28% | 41.21% | +202.31 | #1133 | | FY 2020-21 | 313.54 | 0.0146% | +24.20% | 54.05% | 68.83 | 0.0024% | +37.30% | 36.39% | +244.71 | #983 | | FY 2021-22 | 268.39 | 0.0086% | −14.40% | 45.58% | 104.19 | 0.0023% | +51.37% | 42.84% | +164.20 | #1359 | | FY 2022-23 | 339.82 | 0.0094% | +26.61% | 48.37% | 111.10 | 0.0019% | +6.63% | 51.90% | +228.72 | #1224 | | FY 2023-24 | 395.71 | 0.0109% | +16.45% | 52.07% | 114.58 | 0.0020% | +3.13% | 58.22% | +281.13 | #1158 | | FY 2024-25 | 488.41 | 0.0133% | +23.43% | 55.07% | 162.88 | 0.0027% | +42.15% | 61.57% | +325.53 | #1031 | - CAGR (7-year): exports 13.18%/yr, imports 42.74%/yr (consistently Surplus) ## Key trade insights: HSN Code 56081190 export-import analysis ### Consistent export growth: 13.18% CAGR over 7 years India's exports under HSN Code 56081190 have grown at a compound annual rate of 13.18% over 7 fiscal years, rising from ₹232.41 Crore in FY 2018-19 to ₹488.41 Crore in FY 2024-25. ### HSN Code 56081190 ranked #1031 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 56081190 ranks #1031 out of 12657 HSN codes by total export value. Within Sub-Chapter 5608, it ranks #1 of 6. By trade surplus, it ranks #864 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 56081190 exports The strongest single-year export movement for HSN Code 56081190 was recorded in FY 2022-23, when exports surged by 26.61% over the prior year. ### India maintains a trade surplus of ₹325.53 Crore in HSN Code 56081190 goods In FY 2024-25, India's exports of ₹488.41 Cr exceeded imports of ₹162.88 Cr, resulting in a trade surplus of ₹325.53 Crore — ranking #864 of 12657 by surplus magnitude. ### Import growth of 42.74% CAGR signals rising demand for Man-made textile materials: Fishing nets India's imports under HSN Code 56081190 have grown at 42.74% CAGR, reaching ₹162.88 Crore in FY 2024-25. ### HSN Code 56081190 contributes 55.07% of Sub-Chapter 5608 exports — ranked #1 Among the 6 HSN codes under Sub-Chapter 5608, HSN Code 56081190 ranks #1 by export value — accounting for 55.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 61.57% share (rank #1). ## Related HSN Codes in Sub-Chapter 5608 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 56081190: Man-made textile materials: Fishing nets (this hsn code) | ₹488 Cr | | #2 | [HSN Code 56081110: Crop Covers (≤25 g/m², IS 16718)](https://busy.in/hsn/hsn-56081110/) | ₹296 Cr | | #3 | [HSN Code 56081900: Of Man-Made Textile Materials \| Other](https://busy.in/hsn/hsn-56081900/) | ₹93 Cr | | #4 | [HSN Code 56089090: Other : Other0](https://busy.in/hsn/hsn-56089090/) | ₹6 Cr | | #5 | [HSN Code 56089020: Other : Of jute](https://busy.in/hsn/hsn-56089020/) | ₹3 Cr | | #6 | [HSN Code 56089010: Other \| Of Cotton](https://busy.in/hsn/hsn-56089010/) | ₹1 Cr |