HSN Code 57011010: Of Wool Or Fine Animal Hair| Hand-Made
HSN Code 57011010 represents Of Wool Or Fine Animal Hair| Hand-Made under GST classification. This code helps businesses identify Of Wool Or Fine Animal Hair| Hand-Made correctly for billing, taxation, and trade. With HSN Code 57011010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of Wool Or Fine Animal Hair| Hand-Made.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 57011010
HSN Code 57011010 relates to the following description.
What does HSN Code 57011010 not include?
Of Wool Or Fine Animal Hair| Hand-Made does not include products with the following descriptions.
Carpets and other textile floor coverings, knotted, whether or not made up - of wool or fine animal hair
Of wool or fine animal hair: Other
Carpets and other textile floor coverings, knotted, whether or not made up - of other textile materials : of cotton
Of other textile materials : Of cotton: Hand made
Of other textile materials : Of cotton: Other
Of other textile materials : Of coir including geo textile
Of other textile materials : Of Silk: Handmade
Of other textile materials : Of Silk: Other
Of other textile materials : Other
Carpets and other textile floor coverings, knotted, whether or not made up - of wool or fine animal hair
Of wool or fine animal hair: Other
Carpets and other textile floor coverings, knotted, whether or not made up - of other textile materials : of cotton
Of other textile materials : Of cotton: Hand made
Of other textile materials : Of cotton: Other
Of other textile materials : Of coir including geo textile
Of other textile materials : Of Silk: Handmade
Of other textile materials : Of Silk: Other
Of other textile materials : Other
India’s Trade Performance — HSN Code 57011010 in FY 2024-25
India’s Exports
FY 2024-25₹1,846 Cr
0.0502% of India’s total exports
India’s Imports
FY 2024-25₹8 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹1,838 Cr
Surplus rank #207 of 12657 HSN codes
% of Sub-Chapter 5701
FY 2024-2570.67%
Share of Sub-Chapter 5701’s total exports in FY 2024-25
Import side: 46.66% of Sub-Chapter 5701’s imports
Rank Within Sub-Chapter 5701
FY 2024-25#1 of 10
Position by export value among HSN codes in Sub-Chapter 5701
Import-side rank: #1 of 10
At a glance
#299
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+20.43%
Peak Growth Year
FY 2022-23 · strongest single-year move
70.67%
Contribution to Sub-Ch. 5701
Share of Sub-Chapter 5701 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 57011010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5701
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5701
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5701
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 5701
Balance
+1,237.80
Exports
1,242.30 ₹ Cr
0.0578% share
— YoY
59.91% of Sub-Ch. 5701
Imports
4.50 ₹ Cr
0.0002% share
— YoY
28.05% of Sub-Ch. 5701
Balance
+1,404.33
Exports
1,405.61 ₹ Cr
0.0448% share
+13.15% YoY
63.90% of Sub-Ch. 5701
Imports
1.28 ₹ Cr
0.0000% share
−71.56% YoY
2.40% of Sub-Ch. 5701
Balance
+1,686.79
Exports
1,692.74 ₹ Cr
0.0468% share
+20.43% YoY
67.33% of Sub-Ch. 5701
Imports
5.95 ₹ Cr
0.0001% share
+364.84% YoY
10.37% of Sub-Ch. 5701
Balance
+1,667.80
Exports
1,681.67 ₹ Cr
0.0465% share
−0.65% YoY
70.63% of Sub-Ch. 5701
Imports
13.87 ₹ Cr
0.0002% share
+133.11% YoY
49.55% of Sub-Ch. 5701
Balance
+1,837.86
Exports
1,845.97 ₹ Cr
0.0502% share
+9.77% YoY
70.67% of Sub-Ch. 5701
Imports
8.11 ₹ Cr
0.0001% share
−41.53% YoY
46.66% of Sub-Ch. 5701
reference, FY 2024-25
Export
₹2,612.07 Cr
Import
₹17.38 Cr
Trade Balance
+2,594.69
Key Trade Insights: HSN Code 57011010 Export-Import Analysis
Export Snapshot for HSN Code 57011010
India exported ₹1,845.97 Crore worth of Of Wool Or Fine Animal Hair| Hand-Made in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
HSN Code 57011010 Ranked #299 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 57011010 ranks #299 out of 12657 HSN codes by total export value. Within Sub-Chapter 5701, it ranks #1 of 10. By trade surplus, it ranks #207 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 57011010 Exports
The strongest single-year export movement for HSN Code 57011010 was recorded in FY 2022-23, when exports surged by 20.43% over the prior year.
India Maintains a Trade Surplus of ₹1,837.86 Crore in HSN Code 57011010 Goods
In FY 2024-25, India's exports of ₹1,845.97 Cr exceeded imports of ₹8.11 Cr, resulting in a trade surplus of ₹1,837.86 Crore — ranking #207 of 12657 by surplus magnitude.
HSN Code 57011010 Contributes 70.67% of Sub-Chapter 5701 Exports — Ranked #1
Among the 10 HSN codes under Sub-Chapter 5701, HSN Code 57011010 ranks #1 by export value — accounting for 70.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 46.66% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 57011010 and GST compliance.
What products are classified under HSN 57011010 ?
It includes Of other textile materials : Of cotton: Other
How should mixed supplies be billed when Of Wool Or Fine Animal Hair/ Hand-Made is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of Wool Or Fine Animal Hair/ Hand-Made; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Of Wool Or Fine Animal Hair/ Hand-Made?
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.
How much GST applies to Of Wool Or Fine Animal Hair/ Hand-Made?
Under HSN 57011010, Of Wool Or Fine Animal Hair/ Hand-Made attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Of Wool Or Fine Animal Hair/ Hand-Made?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Of Wool Or Fine Animal Hair/ Hand-Made?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.