--- title: "HSN Code for Other : Of jute | HSN 56089020 GST Rate" description: "Find HSN and GST Rates for 56089020 related to Other : Of jute with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-56089020/" --- # HSN Code 56089020: Other : Of jute - [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 | | --- | --- | --- | --- | --- | | Other : Of jute | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 56089020 ? It includes Cotton Yarn Products ### Does packaging or labelling change the GST for Other : Of jute? 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 Other : Of jute? 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 Other : Of jute is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other : Of jute; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Other : Of jute? 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 : Of jute? Under HSN 56089020, Other : Of jute attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 56089020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−23.02% YoY) — 0.0001% of India's total exports - Imports: < ₹1 Crore (−82.61% YoY) — 0.0000% of India's total imports - Trade balance: ₹3 Cr (Surplus); surplus rank #4047 of 12657 HSN codes - Share of Sub-Chapter 5608: 0.34% of its exports; import side 0.03% - Rank within Sub-Chapter 5608: #5 of 6 by export value; import-side #5 ### Key metrics - Export CAGR: -3.03% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7194 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +92.50% in FY 2021-22 - Contribution to Sub-Ch. 5608: 0.34% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 56089020 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 | 3.62 | 0.0002% | — | 0.70% | < ₹1 Crore | 0.0000% | — | 0.44% | +3.19 | #6261 | | FY 2019-20 | 4.76 | 0.0002% | +31.49% | 0.90% | < ₹1 Crore | 0.0000% | −41.86% | 0.21% | +4.51 | #5919 | | FY 2020-21 | 2.80 | 0.0001% | −41.18% | 0.48% | 1.74 | 0.0001% | +596.00% | 0.92% | +1.06 | #6625 | | FY 2021-22 | 5.39 | 0.0002% | +92.50% | 0.92% | 1.02 | 0.0000% | −41.38% | 0.42% | +4.37 | #6259 | | FY 2022-23 | 2.92 | 0.0001% | −45.83% | 0.42% | < ₹1 Crore | 0.0000% | −44.12% | 0.27% | +2.35 | #7031 | | FY 2023-24 | 3.91 | 0.0001% | +33.90% | 0.51% | < ₹1 Crore | 0.0000% | −19.30% | 0.23% | +3.45 | #6867 | | FY 2024-25 | 3.01 | 0.0001% | −23.02% | 0.34% | < ₹1 Crore | 0.0000% | −82.61% | 0.03% | +2.93 | #7194 | - CAGR (7-year): exports -3.03%/yr, imports -24.44%/yr (consistently Surplus) ## Key trade insights: HSN Code 56089020 export-import analysis ### Export decline: -3.03% CAGR over 7 years India's exports under HSN Code 56089020 have declined at a compound annual rate of -3.03% over 7 fiscal years, falling from ₹3.62 Crore in FY 2018-19 to ₹3.01 Crore in FY 2024-25. ### HSN Code 56089020 ranked #7194 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 56089020 ranks #7194 out of 12657 HSN codes by total export value. Within Sub-Chapter 5608, it ranks #5 of 6. By trade surplus, it ranks #4047 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 56089020 exports The strongest single-year export movement for HSN Code 56089020 was recorded in FY 2021-22, when exports surged by 92.50% over the prior year. ### India maintains a trade surplus of ₹2.93 Crore in HSN Code 56089020 goods In FY 2024-25, India's exports of ₹3.01 Cr exceeded imports of ₹0.08 Cr, resulting in a trade surplus of ₹2.93 Crore — ranking #4047 of 12657 by surplus magnitude. ### Import growth of -24.44% CAGR signals stable import dependency for Other : Of jute India's imports under HSN Code 56089020 have grown at -24.44% CAGR, reaching ₹0.08 Crore in FY 2024-25. ### HSN Code 56089020 contributes 0.34% of Sub-Chapter 5608 exports — ranked #5 Among the 6 HSN codes under Sub-Chapter 5608, HSN Code 56089020 ranks #5 by export value — accounting for 0.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #5). ## 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](https://busy.in/hsn/hsn-56081190/) | ₹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 (this hsn code) | ₹3 Cr | | #6 | [HSN Code 56089010: Other \| Of Cotton](https://busy.in/hsn/hsn-56089010/) | ₹1 Cr |