HSN Code 57031090: Of wool or fine animal hair : Other

HSN Code 57031090 represents Of wool or fine animal hair : Other under GST classification. This code helps businesses identify Of wool or fine animal hair : Other correctly for billing, taxation, and trade. With HSN Code 57031090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of wool or fine animal hair : Other.

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Description of Goods for HSN Code 57031090

HSN Code 57031090 relates to the following description.

Description of Goods

Of wool or fine animal hair : Other

Chapter

57 - Carpets and other textile floor coverings

Sub Chapter

5703 - Carpets and other textile floor coverings, tufted, whether or not made up

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 57031090 not include?

Of wool or fine animal hair : Other does not include products with the following descriptions.

Carpets and other textile floor coverings, tufted, whether or not made up - of nylon or other polyamides : carpets, carpeting and rugs

Carpets and other textile floor coverings, tufted, whether or not made up - of nylon or other polyamides : 100% polyamide tufted velour, cut pile or loop pile carpet mats with jute, rubber latex or pu foam backing

Carpets and other textile floor coverings, tufted, whether or not made up - of nylon or other polyamides : other

Of nylon or other polyamides : Other: 100% polyamide tufted velour, or cut pile loop pile carpet mats with jute, rubber latex or PU foam backing

Carpets and other textile floor coverings, tufted, whether or not made up - of other man - made textile materials : carpets, carpeting and rugs

Carpets and other textile floor coverings, tufted, whether or not made up - of other man - made textile materials : 100% polypropylene carpet mats with jute, rubber, latex or pu foam backing

Carpets and other textile floor coverings, tufted, whether or not made up - of other man - made textile materials : other

Of other man-made textile materials : Other: 100% polypropylene carpet mats with jute, rubber, latex or PU foam backing

Of other textile materials : Carpets and other floor coverings, of cotton, other than durries

India’s Trade Performance — HSN Code 57031090 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹52 Cr

−3.44% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−78.31% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹49 Cr

Trade Surplus

Surplus rank #2185 of 12657 HSN codes

% of Sub-Chapter 5703

FY 2024-25

0.79%

Share of Sub-Chapter 5703’s total exports in FY 2024-25

Import side: 0.24% of Sub-Chapter 5703’s imports

Rank Within Sub-Chapter 5703

FY 2024-25

#9 of 20

Position by export value among HSN codes in Sub-Chapter 5703

Import-side rank: #10 of 20

At a glance

14.83%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3577

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+179.96%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.79%

Contribution to Sub-Ch. 5703

Share of Sub-Chapter 5703 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 57031090

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3946

Balance

+16.16

Exports

22.53 ₹ Cr

0.0010% share

YoY

0.57% of Sub-Ch. 5703

Imports

6.37 ₹ Cr

0.0002% share

YoY

0.98% of Sub-Ch. 5703

FY 2019-20 Exp. Rank #4237

Balance

+16.48

Exports

18.26 ₹ Cr

0.0008% share

−18.95% YoY

0.50% of Sub-Ch. 5703

Imports

1.78 ₹ Cr

0.0001% share

−72.06% YoY

0.23% of Sub-Ch. 5703

FY 2020-21 Exp. Rank #2898

Balance

+50.04

Exports

51.12 ₹ Cr

0.0024% share

+179.96% YoY

1.12% of Sub-Ch. 5703

Imports

1.08 ₹ Cr

0.0000% share

−39.33% YoY

0.22% of Sub-Ch. 5703

FY 2021-22 Exp. Rank #3659

Balance

+33.84

Exports

40.53 ₹ Cr

0.0013% share

−20.72% YoY

0.73% of Sub-Ch. 5703

Imports

6.69 ₹ Cr

0.0001% share

+519.44% YoY

1.07% of Sub-Ch. 5703

FY 2022-23 Exp. Rank #3207

Balance

+56.99

Exports

60.99 ₹ Cr

0.0017% share

+50.48% YoY

1.26% of Sub-Ch. 5703

Imports

4.00 ₹ Cr

0.0001% share

−40.21% YoY

0.40% of Sub-Ch. 5703

FY 2023-24 Exp. Rank #3432

Balance

+40.26

Exports

53.49 ₹ Cr

0.0015% share

−12.30% YoY

0.96% of Sub-Ch. 5703

Imports

13.23 ₹ Cr

0.0002% share

+230.75% YoY

1.29% of Sub-Ch. 5703

FY 2024-25 Exp. Rank #3577

Balance

+48.78

Exports

51.65 ₹ Cr

0.0014% share

−3.44% YoY

0.79% of Sub-Ch. 5703

Imports

2.87 ₹ Cr

0.0000% share

−78.31% YoY

0.24% of Sub-Ch. 5703

CAGR · 7-Year

Exports

14.83% /yr

Imports

−12.44% /yr

Consistently Surplus
Sub-Chapter 5703 total

reference, FY 2024-25

Export

₹6,504.37 Cr

Import

₹1,176.56 Cr

Trade Balance

+5,327.81

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 57031090 Export-Import Analysis

Consistent Export Growth: 14.83% CAGR Over 7 Years

India's exports under HSN Code 57031090 have grown at a compound annual rate of 14.83% over 7 fiscal years, rising from ₹22.53 Crore in FY 2018-19 to ₹51.65 Crore in FY 2024-25.

HSN Code 57031090 Ranked #3577 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 57031090 ranks #3577 out of 12657 HSN codes by total export value. Within Sub-Chapter 5703, it ranks #9 of 20. By trade surplus, it ranks #2185 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 57031090 Exports

The strongest single-year export movement for HSN Code 57031090 was recorded in FY 2020-21, when exports surged by 179.96% over the prior year.

India Maintains a Trade Surplus of ₹48.78 Crore in HSN Code 57031090 Goods

In FY 2024-25, India's exports of ₹51.65 Cr exceeded imports of ₹2.87 Cr, resulting in a trade surplus of ₹48.78 Crore — ranking #2185 of 12657 by surplus magnitude.

Import Growth of −12.44% CAGR Signals Stable Import Dependency for Of wool or fine animal hair : Other

India's imports under HSN Code 57031090 have grown at −12.44% CAGR, reaching ₹2.87 Crore in FY 2024-25.

HSN Code 57031090 Contributes 0.79% of Sub-Chapter 5703 Exports — Ranked #9

Among the 20 HSN codes under Sub-Chapter 5703, HSN Code 57031090 ranks #9 by export value — accounting for 0.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.24% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 57031090 and GST compliance.

What products are classified under HSN 57031090 ?

It includes 100% Polyamide Tufted Carpet Mats

Do e‑way bill and e‑invoice apply for Of wool or fine animal hair : Other?

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.

Can we claim ITC on inputs used to trade Of wool or fine animal hair : Other?

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 : Other?

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 Of wool or fine animal hair : Other?

Under HSN 57031090, Of wool or fine animal hair : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Of wool or fine animal hair : Other?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.