HSN Code 56081190: Man-made textile materials: Fishing nets

HSN Code 56081190 represents Man-made textile materials: Fishing nets under GST classification. This code helps businesses identify Man-made textile materials: Fishing nets correctly for billing, taxation, and trade. With HSN Code 56081190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Man-made textile materials: Fishing nets.

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Description of Goods for HSN Code 56081190

HSN Code 56081190 relates to the following description.

Description of Goods

Of man-made textile materials : Made up fishing nets : Other

Chapter

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

Sub Chapter

5608 - Knotted netting of twine, cordage or rope; made up fishing nets and other made up nets, of textile materials

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 56081190 not include?

Man-made textile materials: Fishing nets does not include products with the following descriptions.

Of man-made textile materials : Made up fishing nets : Made up fishing nets of nylon

India’s Trade Performance — HSN Code 56081190 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

₹488 Cr

+23.43% vs FY 2023-24

0.0133% of India’s total exports

India’s Imports

FY 2024-25

₹163 Cr

+42.15% vs FY 2023-24

0.0027% of India’s total imports

Trade Balance

FY 2024-25

₹326 Cr

Trade Surplus

Surplus rank #864 of 12657 HSN codes

% of Sub-Chapter 5608

FY 2024-25

55.07%

Share of Sub-Chapter 5608’s total exports in FY 2024-25

Import side: 61.57% of Sub-Chapter 5608’s imports

Rank Within Sub-Chapter 5608

FY 2024-25

#1 of 6

Position by export value among HSN codes in Sub-Chapter 5608

Import-side rank: #1 of 6

At a glance

13.18%

Export CAGR

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

#1031

National Export Rank

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

+26.61%

Peak Growth Year

FY 2022-23 · strongest single-year move

55.07%

Contribution to Sub-Ch. 5608

Share of Sub-Chapter 5608 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1193

Balance

+213.15

Exports

232.41 ₹ Cr

0.0102% share

YoY

44.83% of Sub-Ch. 5608

Imports

19.26 ₹ Cr

0.0005% share

YoY

19.93% of Sub-Ch. 5608

FY 2019-20 Exp. Rank #1133

Balance

+202.31

Exports

252.44 ₹ Cr

0.0115% share

+8.62% YoY

47.76% of Sub-Ch. 5608

Imports

50.13 ₹ Cr

0.0015% share

+160.28% YoY

41.21% of Sub-Ch. 5608

FY 2020-21 Exp. Rank #983

Balance

+244.71

Exports

313.54 ₹ Cr

0.0146% share

+24.20% YoY

54.05% of Sub-Ch. 5608

Imports

68.83 ₹ Cr

0.0024% share

+37.30% YoY

36.39% of Sub-Ch. 5608

FY 2021-22 Exp. Rank #1359

Balance

+164.20

Exports

268.39 ₹ Cr

0.0086% share

−14.40% YoY

45.58% of Sub-Ch. 5608

Imports

104.19 ₹ Cr

0.0023% share

+51.37% YoY

42.84% of Sub-Ch. 5608

FY 2022-23 Exp. Rank #1224

Balance

+228.72

Exports

339.82 ₹ Cr

0.0094% share

+26.61% YoY

48.37% of Sub-Ch. 5608

Imports

111.10 ₹ Cr

0.0019% share

+6.63% YoY

51.90% of Sub-Ch. 5608

FY 2023-24 Exp. Rank #1158

Balance

+281.13

Exports

395.71 ₹ Cr

0.0109% share

+16.45% YoY

52.07% of Sub-Ch. 5608

Imports

114.58 ₹ Cr

0.0020% share

+3.13% YoY

58.22% of Sub-Ch. 5608

FY 2024-25 Exp. Rank #1031

Balance

+325.53

Exports

488.41 ₹ Cr

0.0133% share

+23.43% YoY

55.07% of Sub-Ch. 5608

Imports

162.88 ₹ Cr

0.0027% share

+42.15% YoY

61.57% of Sub-Ch. 5608

CAGR · 7-Year

Exports

13.18% /yr

Imports

42.74% /yr

Consistently Surplus
Sub-Chapter 5608 total

reference, FY 2024-25

Export

₹886.94 Cr

Import

₹264.53 Cr

Trade Balance

+622.41

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 56081190 and GST compliance.

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.

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.