HSN Code 57042020: Woollen Carpet Tiles (0.3m² to 1m²)

HSN Code 57042020 represents Woollen Carpet Tiles (0.3m² to 1m²) under GST classification. This code helps businesses identify Woollen Carpet Tiles (0.3m² to 1m²) correctly for billing, taxation, and trade. With HSN Code 57042020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Woollen Carpet Tiles (0.3m² to 1m²).

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Description of Goods for HSN Code 57042020

HSN Code 57042020 relates to the following description.

Description of Goods

Tiles, having a maximum surface area exceeding 0.3 m2 but not exceeding 1 m2: Woollen, other than artware

Chapter

57 - Carpets and other textile floor coverings

Sub Chapter

5704 - Carpets and other textile floor coverings, of felt, not tufted or flocked, whether or not made up

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 57042020 not include?

Woollen Carpet Tiles (0.3m² to 1m²) does not include products with the following descriptions.

Tiles, having a maximum surface area exceeding 0.3 m2 but not exceeding 1 m2: Cotton

Tiles, having a maximum surface area exceeding 0.3 m2 but not exceeding 1 m2: Other

India’s Trade Performance — HSN Code 57042020 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

< ₹1 Crore

−35.14% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5035 of 12657 HSN codes

% of Sub-Chapter 5704

FY 2024-25

0.67%

Share of Sub-Chapter 5704’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 5704’s imports

Rank Within Sub-Chapter 5704

FY 2024-25

#2 of 7

Position by export value among HSN codes in Sub-Chapter 5704

At a glance

0.71%

Export CAGR

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

#9329

National Export Rank

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

+50.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.67%

Contribution to Sub-Ch. 5704

Share of Sub-Chapter 5704 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 57042020

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 #8711

Balance

+0.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.99% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

FY 2019-20 Exp. Rank #8780

Balance

+0.22

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−4.35% YoY

0.48% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

FY 2020-21 Exp. Rank #8538

Balance

+0.33

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+50.00% YoY

1.25% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

FY 2021-22 Exp. Rank #8724

Balance

+0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+21.21% YoY

1.57% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

FY 2022-23 Exp. Rank #8954

Balance

+0.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−12.50% YoY

1.05% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

FY 2023-24 Exp. Rank #9038

Balance

+0.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+5.71% YoY

0.93% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

FY 2024-25 Exp. Rank #9329

Balance

+0.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.14% YoY

0.67% of Sub-Ch. 5704

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 5704

CAGR · 7-Year

Exports

0.71% /yr

Imports

Consistently Surplus
Sub-Chapter 5704 total

reference, FY 2024-25

Export

₹35.82 Cr

Import

₹7.09 Cr

Trade Balance

+28.73

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

Key Trade Insights: HSN Code 57042020 Export-Import Analysis

Consistent Export Growth: 0.71% CAGR Over 7 Years

India's exports under HSN Code 57042020 have grown at a compound annual rate of 0.71% over 7 fiscal years, rising from ₹0.23 Crore in FY 2018-19 to ₹0.24 Crore in FY 2024-25.

HSN Code 57042020 Ranked #9329 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 57042020 ranks #9329 out of 12657 HSN codes by total export value. Within Sub-Chapter 5704, it ranks #2 of 7. By trade surplus, it ranks #5035 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 57042020 Exports

The strongest single-year export movement for HSN Code 57042020 was recorded in FY 2020-21, when exports surged by 50.00% over the prior year.

India Maintains a Trade Surplus of ₹0.24 Crore in HSN Code 57042020 Goods

In FY 2024-25, India's exports of ₹0.24 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.24 Crore — ranking #5035 of 12657 by surplus magnitude.

HSN Code 57042020 Contributes 0.67% of Sub-Chapter 5704 Exports — Ranked #2

Among the 7 HSN codes under Sub-Chapter 5704, HSN Code 57042020 ranks #2 by export value — accounting for 0.67% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 57042020 and GST compliance.

What products are classified under HSN 57042020 ?

It includes Other | Woollen, Other Than Artware

Do e‑way bill and e‑invoice apply for Woollen Carpet Tiles (0.3m² to 1m²)?

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 Woollen Carpet Tiles (0.3m² to 1m²)?

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 Woollen Carpet Tiles (0.3m² to 1m²) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Woollen Carpet Tiles (0.3m² to 1m²); Nil for exempt items if applicable).

Any common misclassification issue with Woollen Carpet Tiles (0.3m² to 1m²)?

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 Woollen Carpet Tiles (0.3m² to 1m²)?

Under HSN 57042020, Woollen Carpet Tiles (0.3m² to 1m²) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.