HSN Code 56089020 represents Other : Of jute under GST classification. This code helps businesses identify Other : Of jute correctly for billing, taxation, and trade. With HSN Code 56089020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Of jute.
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HSN Code 56089020 relates to the following description.
Description of Goods
Other : Of jute
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%
Other : Of jute does not include products with the following descriptions.
Of man-made textile materials : Made up fishing nets : Made up fishing nets of nylon
Of man-made textile materials : Made up fishing nets : Other
Of man-made textile materials : Other
Other : Of cotton
Other : Other
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹3 Cr
Surplus rank #4047 of 12657 HSN codes
% of Sub-Chapter 5608
FY 2024-250.34%
Share of Sub-Chapter 5608’s total exports in FY 2024-25
Import side: 0.03% of Sub-Chapter 5608’s imports
Rank Within Sub-Chapter 5608
FY 2024-25#5 of 6
Position by export value among HSN codes in Sub-Chapter 5608
Import-side rank: #5 of 6
At a glance
−3.03%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7194
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+92.50%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.34%
Contribution to Sub-Ch. 5608
Share of Sub-Chapter 5608 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+3.19
Exports
3.62 ₹ Cr
0.0002% share
— YoY
0.70% of Sub-Ch. 5608
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.44% of Sub-Ch. 5608
Balance
+4.51
Exports
4.76 ₹ Cr
0.0002% share
+31.49% YoY
0.90% of Sub-Ch. 5608
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−41.86% YoY
0.21% of Sub-Ch. 5608
Balance
+1.06
Exports
2.80 ₹ Cr
0.0001% share
−41.18% YoY
0.48% of Sub-Ch. 5608
Imports
1.74 ₹ Cr
0.0001% share
+596.00% YoY
0.92% of Sub-Ch. 5608
Balance
+4.37
Exports
5.39 ₹ Cr
0.0002% share
+92.50% YoY
0.92% of Sub-Ch. 5608
Imports
1.02 ₹ Cr
0.0000% share
−41.38% YoY
0.42% of Sub-Ch. 5608
Balance
+2.35
Exports
2.92 ₹ Cr
0.0001% share
−45.83% YoY
0.42% of Sub-Ch. 5608
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−44.12% YoY
0.27% of Sub-Ch. 5608
Balance
+3.45
Exports
3.91 ₹ Cr
0.0001% share
+33.90% YoY
0.51% of Sub-Ch. 5608
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−19.30% YoY
0.23% of Sub-Ch. 5608
Balance
+2.93
Exports
3.01 ₹ Cr
0.0001% share
−23.02% YoY
0.34% of Sub-Ch. 5608
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−82.61% YoY
0.03% of Sub-Ch. 5608
CAGR · 7-Year
Exports
−3.03% /yr
Imports
−24.44% /yr
reference, FY 2024-25
Export
₹886.94 Cr
Import
₹264.53 Cr
Trade Balance
+622.41
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.
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.
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.
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.
India's imports under HSN Code 56089020 have grown at −24.44% CAGR, reaching ₹0.08 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 56089020 and GST compliance.
It includes Cotton Yarn Products
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.
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.
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).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 56089020, Other : Of jute attracts Varies when sold in taxable form. Describe the exact form on the invoice.