--- title: "HSN Code for Silk Carpets | HSN 57029920 GST Rate" description: "Find HSN and GST Rates for 57029920 related to Silk Carpets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-57029920/" --- # HSN Code 57029920: Silk Carpets - [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, not of pile construction, made up : Of other textile materials : Carpets and other floor coverings, of silk | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 57029920 ? It includes Of wool or fine animal hair : Mats and matting ### Does packaging or labelling change the GST for Silk Carpets? 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 should mixed supplies be billed when Silk Carpets is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Silk Carpets; Nil for exempt items if applicable). ### Any common misclassification issue with Silk Carpets? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Silk Carpets? 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 much GST applies to Silk Carpets? Under HSN 57029920, Silk Carpets attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 57029920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (−27.66% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4725 of 12657 HSN codes - Share of Sub-Chapter 5702: 0.01% of its exports; import side 0.03% - Rank within Sub-Chapter 5702: #39 of 56 by export value; import-side #28 ### Key metrics - Export CAGR: 13.99% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8581 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +763.64% in FY 2021-22 - Contribution to Sub-Ch. 5702: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 57029920 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 | < ₹1 Crore | 0.0000% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.01% | +0.30 | #8518 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −32.26% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.21 | #8811 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −47.62% | 0.00% | 2.43 | 0.0001% | — | 3.15% | −2.32 | #9183 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +763.64% | 0.02% | Nil | 0.0000% | −100.00% | 0.00% | +0.95 | #8028 | | FY 2022-23 | 1.21 | 0.0000% | +27.37% | 0.02% | Nil | 0.0000% | — | 0.00% | +1.21 | #7927 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −22.31% | 0.02% | Nil | 0.0000% | — | 0.00% | +0.94 | #8298 | | FY 2024-25 | < ₹1 Crore | 0.0000% | −27.66% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.03% | +0.61 | #8581 | - CAGR (7-year): exports 13.99%/yr, imports 38.31%/yr (consistently Surplus) ## Key trade insights: HSN Code 57029920 export-import analysis ### Consistent export growth: 13.99% CAGR over 7 years India's exports under HSN Code 57029920 have grown at a compound annual rate of 13.99% over 7 fiscal years, rising from ₹0.31 Crore in FY 2018-19 to ₹0.68 Crore in FY 2024-25. ### HSN Code 57029920 ranked #8581 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 57029920 ranks #8581 out of 12657 HSN codes by total export value. Within Sub-Chapter 5702, it ranks #39 of 56. By trade surplus, it ranks #4725 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 57029920 exports The strongest single-year export movement for HSN Code 57029920 was recorded in FY 2021-22, when exports surged by 763.64% over the prior year. ### India maintains a trade surplus of ₹0.61 Crore in HSN Code 57029920 goods In FY 2024-25, India's exports of ₹0.68 Cr exceeded imports of ₹0.07 Cr, resulting in a trade surplus of ₹0.61 Crore — ranking #4725 of 12657 by surplus magnitude. ### Import growth of 38.31% CAGR signals rising demand for Silk Carpets India's imports under HSN Code 57029920 have grown at 38.31% CAGR, reaching ₹0.07 Crore in FY 2024-25. ### HSN Code 57029920 contributes 0.01% of Sub-Chapter 5702 exports — ranked #39 Among the 56 HSN codes under Sub-Chapter 5702, HSN Code 57029920 ranks #39 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #28). ## 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](https://busy.in/hsn/hsn-57024230/) | ₹207 Cr | | #39 | HSN Code 57029920: Silk Carpets (this hsn code) | < ₹1 Crore |