--- title: "HSN Code for Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair | HSN 57024110 GST Rate" description: "Find HSN and GST Rates for 57024110 related to Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-57024110/" --- # HSN Code 57024110: Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair - [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/) - [Chapter 57: Carpets and Other Textile Floor Coverings](https://busy.in/hsn/chapter-57/) - [Sub-chapter 5702: Woven textile floor coverings](https://busy.in/hsn/sub-chapter-5702/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other, of pile construction, made up : Of wool or fine animal hair : Carpets | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 57024110 ? It includes Wool or Fine Animal Hair Carpets: Other Pile Construction Made-Up ### Any common misclassification issue with Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair? Under HSN 57024110, Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair? 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. ## India's trade performance: HSN Code 57024110 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹225 Cr (+30.99% YoY) — 0.0061% of India's total exports - Imports: ₹5 Cr (−9.24% YoY) — 0.0001% of India's total imports - Trade balance: ₹220 Cr (Surplus); surplus rank #1082 of 12657 HSN codes - Share of Sub-Chapter 5702: 3.68% of its exports; import side 2.33% - Rank within Sub-Chapter 5702: #9 of 56 by export value; import-side #6 ### Key metrics - Export CAGR: 6.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1715 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +30.99% in FY 2024-25 - Contribution to Sub-Ch. 5702: 3.68% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 57024110 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. 5702 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 5702 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 156.52 | 0.0069% | — | 3.95% | 10.15 | 0.0003% | — | 10.31% | +146.37 | #1547 | | FY 2019-20 | 184.16 | 0.0084% | +17.66% | 4.72% | 10.09 | 0.0003% | −0.59% | 9.42% | +174.07 | #1392 | | FY 2020-21 | 214.51 | 0.0100% | +16.48% | 4.53% | 3.94 | 0.0001% | −60.95% | 5.10% | +210.57 | #1296 | | FY 2021-22 | 261.59 | 0.0083% | +21.95% | 4.46% | 11.04 | 0.0002% | +180.20% | 8.34% | +250.55 | #1390 | | FY 2022-23 | 214.93 | 0.0059% | −17.84% | 4.19% | 4.60 | 0.0001% | −58.33% | 2.49% | +210.33 | #1659 | | FY 2023-24 | 171.61 | 0.0047% | −20.16% | 3.19% | 5.63 | 0.0001% | +22.39% | 2.95% | +165.98 | #1951 | | FY 2024-25 | 224.79 | 0.0061% | +30.99% | 3.68% | 5.11 | 0.0001% | −9.24% | 2.33% | +219.68 | #1715 | - CAGR (7-year): exports 6.22%/yr, imports -10.81%/yr (consistently Surplus) ## Key trade insights: HSN Code 57024110 export-import analysis ### Consistent export growth: 6.22% CAGR over 7 years India's exports under HSN Code 57024110 have grown at a compound annual rate of 6.22% over 7 fiscal years, rising from ₹156.52 Crore in FY 2018-19 to ₹224.79 Crore in FY 2024-25. ### HSN Code 57024110 ranked #1715 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 57024110 ranks #1715 out of 12657 HSN codes by total export value. Within Sub-Chapter 5702, it ranks #9 of 56. By trade surplus, it ranks #1082 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 57024110 exports The strongest single-year export movement for HSN Code 57024110 was recorded in FY 2024-25, when exports surged by 30.99% over the prior year. ### India maintains a trade surplus of ₹219.68 Crore in HSN Code 57024110 goods In FY 2024-25, India's exports of ₹224.79 Cr exceeded imports of ₹5.11 Cr, resulting in a trade surplus of ₹219.68 Crore — ranking #1082 of 12657 by surplus magnitude. ### Import growth of -10.81% CAGR signals stable import dependency for Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair India's imports under HSN Code 57024110 have grown at -10.81% CAGR, reaching ₹5.11 Crore in FY 2024-25. ### HSN Code 57024110 contributes 3.68% of Sub-Chapter 5702 exports — ranked #9 Among the 56 HSN codes under Sub-Chapter 5702, HSN Code 57024110 ranks #9 by export value — accounting for 3.68% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.33% share (rank #6). ## Related HSN Codes in Sub-Chapter 5702 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 57023110: Non-Made Up Wool Carpets (Pile)](https://busy.in/hsn/hsn-57023110/) | ₹1,394 Cr | | #2 | [HSN Code 57023210: Man-Made Textile Carpets (Non-Made Up)](https://busy.in/hsn/hsn-57023210/) | ₹855 Cr | | #3 | [HSN Code 57029910: Cotton Carpets/Floor Coverings (Non-Pile)](https://busy.in/hsn/hsn-57029910/) | ₹401 Cr | | #4 | [HSN Code 57029990: Other Made Up Fabrics: Non-Pile Construction - Other Textiles](https://busy.in/hsn/hsn-57029990/) | ₹387 Cr | | #5 | [HSN Code 57024910: Cotton Carpets/Floor Coverings (Pile)](https://busy.in/hsn/hsn-57024910/) | ₹354 Cr | | #6 | [HSN Code 57024210: Made Up Carpets/Rugs (Pile, Man-Made)](https://busy.in/hsn/hsn-57024210/) | ₹331 Cr | | #7 | [HSN Code 57023140: Wool/Fine Animal Hair Carpets and Rugs (Not Made Up)](https://busy.in/hsn/hsn-57023140/) | ₹323 Cr | | #8 | [HSN Code 57029210: Man-Made Textile Carpets and Rugs (Made Up)](https://busy.in/hsn/hsn-57029210/) | ₹304 Cr | | #9 | HSN Code 57024110: Wool Carpets: Made-up, Pile Construction, Wool or Fine Animal Hair (this hsn code) | ₹225 Cr | | #10 | [HSN Code 57024230: Handloom Man-Made Textile Carpets and Rugs](https://busy.in/hsn/hsn-57024230/) | ₹207 Cr |