--- title: "HSN Code for Handloom Man-Made Textile Carpets and Rugs | HSN 57024230 GST Rate" description: "Find HSN and GST Rates for 57024230 related to Handloom Man-Made Textile Carpets and Rugs with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-57024230/" --- # HSN Code 57024230: Handloom Man-Made Textile Carpets and Rugs - [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 man made textile materials : Carpets, rugs and mats of Handloom | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 57024230 ? It includes Silk Carpets/Floor Coverings (Pile) ### How much GST applies to Handloom Man-Made Textile Carpets and Rugs? Under HSN 57024230, Handloom Man-Made Textile Carpets and Rugs attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Handloom Man-Made Textile Carpets and Rugs? 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 Handloom Man-Made Textile Carpets and Rugs is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Handloom Man-Made Textile Carpets and Rugs; Nil for exempt items if applicable). ### Any common misclassification issue with Handloom Man-Made Textile Carpets and Rugs? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Handloom Man-Made Textile Carpets and Rugs? 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. ### Can we claim ITC on inputs used to trade Handloom Man-Made Textile Carpets and Rugs? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 57024230 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹207 Cr (+23.75% YoY) — 0.0056% of India's total exports - Imports: ₹1 Cr (+29.17% YoY) — 0.0000% of India's total imports - Trade balance: ₹206 Cr (Surplus); surplus rank #1132 of 12657 HSN codes - Share of Sub-Chapter 5702: 3.39% of its exports; import side 0.57% - Rank within Sub-Chapter 5702: #10 of 56 by export value; import-side #16 ### Key metrics - Export CAGR: 12.53% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1802 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +77.47% in FY 2019-20 - Contribution to Sub-Ch. 5702: 3.39% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 57024230 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 | 101.98 | 0.0045% | — | 2.58% | < ₹1 Crore | 0.0000% | — | 0.51% | +101.48 | #1991 | | FY 2019-20 | 180.98 | 0.0082% | +77.47% | 4.64% | < ₹1 Crore | 0.0000% | −66.00% | 0.16% | +180.81 | #1406 | | FY 2020-21 | 224.40 | 0.0104% | +23.99% | 4.74% | < ₹1 Crore | 0.0000% | +70.59% | 0.38% | +224.11 | #1250 | | FY 2021-22 | 261.90 | 0.0083% | +16.71% | 4.46% | < ₹1 Crore | 0.0000% | −20.69% | 0.17% | +261.67 | #1389 | | FY 2022-23 | 189.89 | 0.0052% | −27.50% | 3.70% | 1.20 | 0.0000% | +421.74% | 0.65% | +188.69 | #1791 | | FY 2023-24 | 167.30 | 0.0046% | −11.90% | 3.11% | < ₹1 Crore | 0.0000% | −20.00% | 0.50% | +166.34 | #1982 | | FY 2024-25 | 207.03 | 0.0056% | +23.75% | 3.39% | 1.24 | 0.0000% | +29.17% | 0.57% | +205.79 | #1802 | - CAGR (7-year): exports 12.53%/yr, imports 16.34%/yr (consistently Surplus) ## Key trade insights: HSN Code 57024230 export-import analysis ### Consistent export growth: 12.53% CAGR over 7 years India's exports under HSN Code 57024230 have grown at a compound annual rate of 12.53% over 7 fiscal years, rising from ₹101.98 Crore in FY 2018-19 to ₹207.03 Crore in FY 2024-25. ### HSN Code 57024230 ranked #1802 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 57024230 ranks #1802 out of 12657 HSN codes by total export value. Within Sub-Chapter 5702, it ranks #10 of 56. By trade surplus, it ranks #1132 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 57024230 exports The strongest single-year export movement for HSN Code 57024230 was recorded in FY 2019-20, when exports surged by 77.47% over the prior year. ### India maintains a trade surplus of ₹205.79 Crore in HSN Code 57024230 goods In FY 2024-25, India's exports of ₹207.03 Cr exceeded imports of ₹1.24 Cr, resulting in a trade surplus of ₹205.79 Crore — ranking #1132 of 12657 by surplus magnitude. ### Import growth of 16.34% CAGR signals rising demand for Handloom Man-Made Textile Carpets and Rugs India's imports under HSN Code 57024230 have grown at 16.34% CAGR, reaching ₹1.24 Crore in FY 2024-25. ### HSN Code 57024230 contributes 3.39% of Sub-Chapter 5702 exports — ranked #10 Among the 56 HSN codes under Sub-Chapter 5702, HSN Code 57024230 ranks #10 by export value — accounting for 3.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.57% share (rank #16). ## 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](https://busy.in/hsn/hsn-57024110/) | ₹225 Cr | | #10 | HSN Code 57024230: Handloom Man-Made Textile Carpets and Rugs (this hsn code) | ₹207 Cr |